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 Financials
Diversified Banks3.28%-0.66 ppInvestment Banking & Brokerage1.03%-0.34 ppTransaction & Payment Processing Services1.24%-0.21 ppRegional Banks0.28%-0.19 ppAsset Management & Custody Banks0.69%+0.14 ppFinancial Exchanges & Data1.13%+0.10 ppLife & Health Insurance0.52%-0.09 ppProperty & Casualty Insurance1.14%+0.09 ppInsurance Brokers0.85%+0.08 ppConsumer Finance0.53%-0.06 ppReinsurance0.06%+0.01 ppMulti-line Insurance0.22%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
3.28%
Industry change · 12M
-0.66 pp
Diversified Banks · contribution
-0.661 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Oct 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 |
|---|---|---|---|---|---|---|---|
| Bank of America → BAC | United States | $208.4bn | 0.709% | +0.154 pp | -0.317 pp | -24.8% | Yes |
| Wells Fargo → WFC | United States | $144.4bn | 0.491% | +0.114 pp | -0.131 pp | -11.0% | Yes |
| Truist Financial → TFC | United States | $37.8bn | 0.129% | +0.032 pp | -0.082 pp | -32.9% | Yes |
| PNC Financial Services → PNC | United States | $45.6bn | 0.155% | +0.036 pp | -0.081 pp | -25.9% | Yes |
| JPMorgan Chase → JPM | United States | $404.1bn | 1.374% | +0.368 pp | +0.064 pp | +13.8% | Yes |
| U.S. Bancorp → USB | United States | $48.9bn | 0.166% | +0.034 pp | -0.058 pp | -20.7% | Yes |
| Citigroup → C | United States | $76.0bn | 0.259% | +0.056 pp | -0.057 pp | -10.0% | 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.