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›Information Technology›Internet Services & Infrastructure›Internet Services & Infrastructure

1 · Sector

Weight and 12M allocation change

Information Technology28.8%+2.60 pp Consumer Discretionary12.5%+1.60 pp Industrials10.0%+0.17 pp Energy3.5%-0.07 pp Materials2.9%-0.09 pp Real Estate2.9%-0.37 pp Health Care15.9%-0.60 pp Communication Services2.8%-0.63 pp Consumer Staples7.1%-0.63 pp Utilities2.9%-0.75 pp Financials10.7%-1.24 pp

2 · Industry

Inside Information Technology

Systems Software8.15%+0.92 pp Application Software3.83%+0.83 pp Semiconductors3.59%+0.33 pp Technology Hardware, Storage & Peripherals9.66%+0.30 pp Semiconductor Materials & Equipment0.51%+0.14 pp Communications Equipment0.97%+0.10 pp Electronic Equipment & Instruments0.35%-0.02 pp IT Consulting & Other Services1.29%+0.02 pp Electronic Manufacturing Services0.13%-0.01 pp Electronic Components0.13%-0.01 pp Technology Distributors0.09%+0.01 pp Internet Services & Infrastructure0.12%-0.00 pp

3 · Sub-industry

Inside Internet Services & Infrastructure

Internet Services & Infrastructure0.12%-0.002 pp

Concentrated

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

View all contributions →

Internet Services & Infrastructure · weight

0.12%

Industry change · 12M

-0.00 pp

Internet Services & Infrastructure · contribution

-0.002 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
Verisign → VRSN	United States	$21.4bn	0.068%	+0.011 pp	-0.002 pp	+14.0%	Yes
Akamai Technologies → AKAM	United States	$15.9bn	0.051%	+0.016 pp	-0.001 pp	+16.4%	Yes

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.