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›Broadcasting›Broadcasting

1 · Sector

Weight and 12M allocation change

Information Technology29.3%+5.56 pp Consumer Discretionary12.4%+2.29 pp Industrials10.4%-0.00 pp Real Estate2.9%-0.24 pp Materials2.8%-0.35 pp Communication Services2.8%-0.37 pp Energy3.2%-0.82 pp Utilities2.8%-0.82 pp Financials11.5%-0.88 pp Consumer Staples6.6%-1.31 pp Health Care15.2%-3.03 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services0.83%-0.24 pp Wireless Telecommunication Services0.55%-0.08 pp Movies & Entertainment0.62%-0.06 pp Interactive Home Entertainment0.08%+0.02 pp Advertising0.05%-0.01 pp Cable & Satellite0.57%-0.01 pp Broadcasting0.08%-0.00 pp

3 · Sub-industry

Inside Broadcasting

Broadcasting0.08%-0.000 pp

Concentrated

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

View all contributions →

Broadcasting · weight

0.08%

Industry change · 12M

-0.00 pp

Broadcasting · contribution

-0.000 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 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
Warner Bros. Discovery → WBD	United States	$27.8bn	0.083%	-0.006 pp	-0.000 pp	+20.0%	No
Fox Corporation (Class B) → FOX	United States	$0.0bn	0.000%	-0.000 pp	-0.000 pp	-1.2%	No

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.