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

Materials29.6%+26.36 pp Consumer Discretionary9.0%+2.52 pp Energy2.3%-1.14 pp Real Estate2.1%-1.36 pp Utilities2.2%-1.54 pp Communication Services2.1%-1.79 pp Industrials7.2%-2.86 pp Consumer Staples5.1%-3.17 pp Financials7.8%-4.56 pp Information Technology21.1%-5.55 pp Health Care11.5%-6.91 pp

2 · Industry

Inside Financials

Diversified Banks2.42%-1.54 pp Transaction & Payment Processing Services0.93%-0.57 pp Investment Banking & Brokerage0.80%-0.51 pp Property & Casualty Insurance0.70%-0.39 pp Financial Exchanges & Data0.82%-0.32 pp Regional Banks0.21%-0.26 pp Life & Health Insurance0.34%-0.24 pp Insurance Brokers0.59%-0.22 pp Asset Management & Custody Banks0.36%-0.21 pp Consumer Finance0.43%-0.19 pp Multi-line Insurance0.14%-0.11 pp Reinsurance0.03%-0.01 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.21%-0.255 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.21%

Industry change · 12M

-0.26 pp

Regional Banks · contribution

-0.255 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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
M&T Bank → MTB	United States	$20.5bn	0.047%	-0.021 pp	-0.064 pp	-19.8%	No
Fifth Third Bancorp → FITB	United States	$17.8bn	0.041%	-0.020 pp	-0.048 pp	-18.4%	No
KeyCorp → KEY	United States	$8.6bn	0.020%	-0.020 pp	-0.042 pp	-43.4%	No
Citizens Financial Group → CFG	United States	$12.6bn	0.029%	-0.021 pp	-0.040 pp	-23.5%	No
Huntington Bancshares → HBAN	United States	$15.6bn	0.036%	-0.019 pp	-0.031 pp	-5.7%	No
Regions Financial Corporation → RF	United States	$16.7bn	0.039%	-0.021 pp	-0.029 pp	-1.1%	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.