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›Consumer Staples›Tobacco›Tobacco

1 · Sector

Weight and 12M allocation change

Materials29.6%+26.14 pp Consumer Discretionary8.5%+1.82 pp Real Estate2.1%-1.21 pp Utilities2.3%-1.33 pp Energy2.3%-1.64 pp Communication Services2.1%-1.72 pp Consumer Staples5.3%-2.38 pp Industrials6.9%-3.12 pp Financials7.8%-5.05 pp Health Care11.8%-5.74 pp Information Technology21.2%-5.77 pp

2 · Industry

Inside Consumer Staples

Consumer Staples Merchandise Retail1.22%-0.53 pp Personal Care Products0.83%-0.45 pp Soft Drinks & Non-alcoholic Beverages1.44%-0.43 pp Tobacco0.54%-0.40 pp Packaged Foods & Meats0.67%-0.19 pp Household Products0.37%-0.17 pp Agricultural Products & Services0.10%-0.09 pp Food Distributors0.09%-0.07 pp Food Retail0.08%-0.06 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.54%-0.405 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.54%

Industry change · 12M

-0.40 pp

Tobacco · contribution

-0.405 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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
Philip Morris International → PM	United States	$139.7bn	0.345%	-0.185 pp	-0.248 pp	-10.7%	No
Altria → MO	United States	$79.3bn	0.196%	-0.096 pp	-0.157 pp	-10.8%	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.