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 Technology29.9%+5.36 pp Consumer Discretionary12.3%+1.32 pp Materials2.8%-0.26 pp Communication Services2.9%-0.31 pp Industrials9.8%-0.31 pp Real Estate2.9%-0.32 pp Utilities2.9%-0.55 pp Energy3.3%-0.63 pp Consumer Staples6.8%-0.92 pp Financials11.2%-1.15 pp Health Care15.3%-2.24 pp

2 · Industry

Inside Information Technology

Systems Software9.18%+2.48 pp Technology Hardware, Storage & Peripherals9.52%+1.23 pp Application Software3.99%+1.12 pp Semiconductors3.68%+0.55 pp Semiconductor Materials & Equipment0.49%+0.08 pp Communications Equipment0.87%-0.05 pp Electronic Equipment & Instruments0.35%-0.03 pp Electronic Components0.12%-0.02 pp IT Consulting & Other Services1.33%+0.02 pp Electronic Manufacturing Services0.13%-0.01 pp Technology Distributors0.09%+0.00 pp Internet Services & Infrastructure0.12%-0.00 pp

3 · Sub-industry

Inside Internet Services & Infrastructure

Internet Services & Infrastructure0.12%-0.001 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

-0.001 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

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
Verisign → VRSN	United States	$21.7bn	0.068%	-0.001 pp	-0.004 pp	+6.2%	Yes
Akamai Technologies → AKAM	United States	$17.4bn	0.054%	+0.004 pp	+0.004 pp	+21.8%	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.