Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Information Technology›Technology Hardware, Storage & Peripherals›Technology Hardware, Storage & Peripherals

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.4%+4.38 pp Energy3.6%+0.25 pp Consumer Staples7.5%+0.07 pp Utilities3.3%-0.11 pp Materials3.1%-0.19 pp Industrials10.0%-0.23 pp Real Estate3.1%-0.29 pp Communication Services3.2%-0.40 pp Health Care16.5%-0.47 pp Information Technology27.3%-1.33 pp Financials11.1%-1.69 pp

2 · Industry

Inside Information Technology

Technology Hardware, Storage & Peripherals9.19%-0.77 pp Systems Software7.60%-0.34 pp IT Consulting & Other Services1.22%-0.14 pp Semiconductor Materials & Equipment0.45%-0.05 pp Application Software3.32%+0.04 pp Internet Services & Infrastructure0.12%-0.03 pp Electronic Equipment & Instruments0.39%-0.03 pp Communications Equipment0.97%-0.03 pp Technology Distributors0.09%+0.01 pp Semiconductors3.62%-0.01 pp Electronic Manufacturing Services0.14%-0.00 pp Electronic Components0.14%+0.00 pp

3 · Sub-industry

Inside Technology Hardware, Storage & Peripherals

Technology Hardware, Storage & Peripherals9.19%-0.767 pp

Concentrated

Most of this industry's losses came from a few companies.

View all contributions →

Technology Hardware, Storage & Peripherals · weight

9.19%

Industry change · 12M

-0.77 pp

Technology Hardware, Storage & Peripherals · contribution

-0.767 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 2023 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
Apple Inc. → AAPL	United States	$2609.0bn	8.902%	+1.443 pp	-0.689 pp	-5.0%	Yes
HP Inc. → HPQ	United States	$28.9bn	0.099%	+0.003 pp	-0.031 pp	-16.4%	No
Seagate Technology → STX	United States	$13.7bn	0.047%	+0.007 pp	-0.020 pp	-23.0%	Yes
NetApp → NTAP	United States	$13.7bn	0.047%	-0.000 pp	-0.016 pp	-20.7%	No
Western Digital → WDC	United States	$9.1bn	0.031%	+0.004 pp	-0.009 pp	-24.1%	Yes
Hewlett Packard Enterprise → HPE	United States	$20.6bn	0.070%	-0.003 pp	-0.003 pp	-1.4%	No

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.