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›Financials›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.0%+4.09 pp Energy3.5%+0.08 pp Utilities3.3%-0.16 pp Information Technology27.2%-0.18 pp Materials3.1%-0.37 pp Industrials9.8%-0.38 pp Communication Services3.1%-0.41 pp Real Estate3.1%-0.49 pp Consumer Staples7.7%-0.53 pp Health Care16.9%-0.55 pp Financials11.3%-1.10 pp

2 · Industry

Inside Financials

Diversified Banks3.48%-0.52 pp Transaction & Payment Processing Services1.38%-0.22 pp Consumer Finance0.57%-0.16 pp Regional Banks0.33%-0.10 pp Investment Banking & Brokerage1.19%-0.08 pp Financial Exchanges & Data1.14%+0.07 pp Life & Health Insurance0.51%-0.07 pp Multi-line Insurance0.20%-0.07 pp Property & Casualty Insurance1.06%+0.05 pp Asset Management & Custody Banks0.52%-0.05 pp Insurance Brokers0.82%+0.03 pp Reinsurance0.05%+0.01 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.33%-0.104 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.33%

Industry change · 12M

-0.10 pp

Regional Banks · contribution

-0.104 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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
Fifth Third Bancorp → FITB	United States	$17.8bn	0.060%	-0.025 pp	-0.033 pp	-27.2%	No
KeyCorp → KEY	United States	$10.5bn	0.035%	-0.026 pp	-0.029 pp	-39.2%	No
Huntington Bancshares → HBAN	United States	$16.2bn	0.055%	-0.020 pp	-0.014 pp	-10.6%	No
Regions Financial Corporation → RF	United States	$17.1bn	0.058%	-0.018 pp	-0.013 pp	-8.7%	No
Citizens Financial Group → CFG	United States	$15.0bn	0.051%	-0.022 pp	-0.010 pp	-18.2%	No
M&T Bank → MTB	United States	$21.1bn	0.071%	-0.021 pp	-0.006 pp	-22.3%	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.