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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Technology Hardware, Storage & Peripherals6.94%-2.37 ppSystems Software5.74%-1.60 ppSemiconductors2.61%-0.85 ppApplication Software2.56%-0.58 ppIT Consulting & Other Services0.86%-0.41 ppCommunications Equipment0.61%-0.23 ppElectronic Equipment & Instruments0.25%-0.14 ppSemiconductor Materials & Equipment0.35%-0.06 ppElectronic Components0.09%-0.05 ppElectronic Manufacturing Services0.10%-0.05 ppInternet Services & Infrastructure0.08%-0.04 ppTechnology Distributors0.05%-0.03 pp
3 · Sub-industry
Inside Communications Equipment
Communications Equipment · weight
0.61%
Industry change · 12M
-0.23 pp
Communications Equipment · contribution
-0.235 pp
Company participation
0%
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 |
|---|---|---|---|---|---|---|---|
| Cisco → CSCO | United States | $212.1bn | 0.462% | -0.191 pp | -0.183 pp | +18.5% | No |
| Motorola Solutions → MSI | United States | $48.1bn | 0.105% | -0.060 pp | -0.032 pp | +21.7% | No |
| F5, Inc. → FFIV | United States | $9.6bn | 0.021% | -0.006 pp | -0.014 pp | -5.4% | No |
| Arista Networks → ANET | United States | $12.0bn | 0.026% | -0.015 pp | -0.005 pp | +33.0% | 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.