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›Financials›Diversified Banks›Diversified Banks
Diversified Banks · weight
3.42%
Industry change · 12M
-0.59 pp
Diversified Banks · contribution
-0.590 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Bank of America →
BAC
United States$241.3bn0.752%+0.026 pp-0.278 pp-16.5%Yes
Wells Fargo →
WFC
United States$161.9bn0.505%+0.023 pp-0.115 pp-4.1%Yes
Truist Financial →
TFC
United States$42.9bn0.134%+0.004 pp-0.077 pp-26.8%Yes
PNC Financial Services →
PNC
United States$53.4bn0.166%+0.013 pp-0.064 pp-16.6%Yes
U.S. Bancorp →
USB
United States$59.4bn0.185%+0.007 pp-0.044 pp-11.3%Yes
Citigroup →
C
United States$88.2bn0.275%+0.022 pp-0.043 pp-0.4%Yes
JPMorgan Chase →
JPM
United States$451.2bn1.407%+0.052 pp+0.031 pp+16.3%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.