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

Materials32.1%+29.08 pp Energy2.4%-0.93 pp Real Estate2.0%-1.30 pp Utilities2.1%-1.36 pp Communication Services1.9%-1.47 pp Consumer Discretionary8.6%-2.35 pp Consumer Staples4.9%-2.62 pp Industrials7.0%-2.73 pp Financials7.7%-3.97 pp Health Care10.9%-5.94 pp Information Technology20.2%-6.43 pp

2 · Industry

Inside Consumer Staples

Soft Drinks & Non-alcoholic Beverages1.32%-0.70 pp Consumer Staples Merchandise Retail1.15%-0.67 pp Personal Care Products0.80%-0.34 pp Packaged Foods & Meats0.56%-0.28 pp Tobacco0.51%-0.27 pp Household Products0.32%-0.19 pp Food Distributors0.08%-0.06 pp Agricultural Products & Services0.10%-0.06 pp Food Retail0.08%-0.04 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.51%-0.275 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.51%

Industry change · 12M

-0.27 pp

Tobacco · contribution

-0.275 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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	$154.8bn	0.337%	-0.187 pp	-0.180 pp	+8.3%	No
Altria → MO	United States	$81.1bn	0.177%	-0.110 pp	-0.095 pp	+12.7%	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.