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›Real Estate›Office REITs›Office REITs

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.0%+4.09 ppEnergy3.5%+0.08 ppUtilities3.3%-0.16 ppInformation Technology27.2%-0.18 ppMaterials3.1%-0.37 ppIndustrials9.8%-0.38 ppCommunication Services3.1%-0.41 ppReal Estate3.1%-0.49 ppConsumer Staples7.7%-0.53 ppHealth Care16.9%-0.55 ppFinancials11.3%-1.10 pp

2 · Industry

Inside Real Estate

Telecom Tower REITs0.60%-0.23 ppMulti-Family Residential REITs0.27%-0.12 ppHotel & Resort REITs0.15%+0.10 ppReal Estate Services0.19%+0.09 ppSelf-Storage REITs0.24%-0.08 ppOffice REITs0.10%-0.07 ppSingle-Family Residential REITs0.07%+0.07 ppData Center REITs0.32%-0.06 ppHealth Care REITs0.24%-0.05 ppRetail REITs0.35%-0.05 ppIndustrial REITs0.39%-0.04 ppTimber REITs0.07%-0.04 ppOther Specialized REITs0.05%-0.00 pp

3 · Sub-industry

Inside Office REITs

Office REITs0.10%-0.073 pp
Concentrated

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

View all contributions →
Office REITs · weight
0.10%
Industry change · 12M
-0.07 pp
Office REITs · contribution
-0.073 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
BXP, Inc. →
BXP
United States$8.4bn0.028%-0.012 pp-0.038 pp-52.0%No
Alexandria Real Estate Equities →
ARE
United States$21.5bn0.073%-0.023 pp-0.035 pp-29.4%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.