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›Communication Services›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Materials29.6%+26.14 ppConsumer Discretionary8.5%+1.82 ppReal Estate2.1%-1.21 ppUtilities2.3%-1.33 ppEnergy2.3%-1.64 ppCommunication Services2.1%-1.72 ppConsumer Staples5.3%-2.38 ppIndustrials6.9%-3.12 ppFinancials7.8%-5.05 ppHealth Care11.8%-5.74 ppInformation Technology21.2%-5.77 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services0.65%-0.68 ppCable & Satellite0.41%-0.40 ppMovies & Entertainment0.49%-0.35 ppWireless Telecommunication Services0.41%-0.19 ppBroadcasting0.07%-0.09 ppAdvertising0.04%-0.01 ppInteractive Home Entertainment0.06%+0.01 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services0.65%-0.677 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
0.65%
Industry change · 12M
-0.68 pp
Integrated Telecommunication Services · contribution
-0.677 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Verizon →
VZ
United States$149.8bn0.370%-0.203 pp-0.406 pp-26.1%No
AT&T →
T
United States$112.5bn0.278%-0.196 pp-0.271 pp-21.6%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.