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›Health Care›Pharmaceuticals›Pharmaceuticals

1 · Sector

Weight and 12M allocation change

Information Technology29.0%+4.54 pp Consumer Discretionary12.1%+0.51 pp Industrials9.9%+0.06 pp Materials2.9%-0.07 pp Real Estate2.8%-0.34 pp Communication Services2.9%-0.37 pp Utilities2.9%-0.44 pp Energy3.6%-0.51 pp Consumer Staples7.1%-0.55 pp Financials11.0%-1.14 pp Health Care15.8%-1.70 pp

2 · Industry

Inside Health Care

Pharmaceuticals5.11%-0.44 pp Life Sciences Tools & Services1.52%-0.39 pp Managed Health Care2.39%-0.34 pp Biotechnology2.47%-0.26 pp Health Care Services0.74%-0.19 pp Health Care Equipment2.79%-0.11 pp Health Care Distributors0.44%+0.02 pp Health Care Facilities0.21%-0.02 pp Health Care Supplies0.14%+0.01 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals5.11%-0.438 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

5.11%

Industry change · 12M

-0.44 pp

Pharmaceuticals · contribution

-0.438 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
Lilly (Eli) → LLY	United States	$525.8bn	1.788%	+0.847 pp	+0.567 pp	+54.6%	Yes
Johnson & Johnson → JNJ	United States	$357.1bn	1.214%	+0.265 pp	-0.400 pp	-12.3%	Yes
Pfizer → PFE	United States	$172.5bn	0.587%	+0.143 pp	-0.341 pp	-31.7%	Yes
Bristol Myers Squibb → BMY	United States	$104.9bn	0.356%	+0.073 pp	-0.228 pp	-31.1%	Yes
Merck & Co. → MRK	United States	$260.6bn	0.886%	+0.296 pp	-0.024 pp	+4.3%	Yes
Viatris → VTRS	United States	$10.7bn	0.036%	+0.009 pp	-0.007 pp	-8.0%	Yes
Zoetis → ZTS	United States	$72.3bn	0.246%	+0.056 pp	-0.005 pp	+5.1%	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.