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

Information Technology28.3%+2.98 ppConsumer Discretionary12.3%+1.34 ppIndustrials9.9%+0.26 ppEnergy3.7%+0.18 ppMaterials2.9%-0.09 ppCommunication Services2.9%-0.40 ppReal Estate2.8%-0.49 ppUtilities2.8%-0.68 ppConsumer Staples7.1%-0.72 ppFinancials11.1%-0.86 ppHealth Care16.2%-1.52 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services0.81%-0.24 ppMovies & Entertainment0.61%-0.17 ppCable & Satellite0.68%+0.14 ppWireless Telecommunication Services0.55%-0.11 ppBroadcasting0.09%-0.02 ppInteractive Home Entertainment0.08%+0.01 ppAdvertising0.05%-0.00 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services0.81%-0.243 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
0.81%
Industry change · 12M
-0.24 pp
Integrated Telecommunication Services · contribution
-0.243 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Verizon →
VZ
United States$136.3bn0.455%+0.093 pp-0.172 pp-8.8%Yes
AT&T →
T
United States$107.4bn0.359%+0.095 pp-0.071 pp+4.4%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.