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›Consumer Discretionary›Restaurants›Restaurants

1 · Sector

Weight and 12M allocation change

Information Technology29.3%+5.56 ppConsumer Discretionary12.4%+2.29 ppIndustrials10.4%-0.00 ppReal Estate2.9%-0.24 ppMaterials2.8%-0.35 ppCommunication Services2.8%-0.37 ppEnergy3.2%-0.82 ppUtilities2.8%-0.82 ppFinancials11.5%-0.88 ppConsumer Staples6.6%-1.31 ppHealth Care15.2%-3.03 pp

2 · Industry

Inside Consumer Discretionary

Broadline Retail4.75%+1.58 ppAutomobile Manufacturers2.64%+0.91 ppHome Improvement Retail1.41%-0.19 ppRestaurants1.18%-0.16 ppHotels, Resorts & Cruise Lines0.54%+0.14 ppApparel, Accessories & Luxury Goods0.49%+0.09 ppHomebuilding0.28%+0.08 ppAutomotive Retail0.14%-0.04 ppDistributors0.06%-0.03 ppCasinos & Gaming0.19%-0.02 ppOther Specialty Retail0.08%-0.02 ppApparel Retail0.46%-0.02 ppAutomotive Parts & Equipment0.08%-0.02 ppComputer & Electronics Retail0.05%-0.01 ppConsumer Electronics0.07%+0.01 ppLeisure Products0.02%-0.01 ppFootwear0.00%+0.00 ppHomefurnishing Retail0.00%+0.00 pp

3 · Sub-industry

Inside Restaurants

Restaurants1.18%-0.164 pp
Concentrated

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

View all contributions →
Restaurants · weight
1.18%
Industry change · 12M
-0.16 pp
Restaurants · contribution
-0.164 pp
Company participation
83%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Starbucks →
SBUX
United States$109.1bn0.325%-0.024 pp-0.085 pp-1.2%No
McDonald's →
MCD
United States$215.1bn0.641%+0.000 pp-0.055 pp+15.1%Yes
Yum! Brands →
YUM
United States$36.6bn0.109%-0.008 pp-0.021 pp+3.9%Yes
Darden Restaurants →
DRI
United States$19.8bn0.059%+0.001 pp-0.002 pp+22.8%Yes
Domino's →
DPZ
United States$14.4bn0.043%-0.002 pp-0.001 pp+20.7%Yes
Chipotle Mexican Grill →
CMG
United States$1.3bn0.004%+0.000 pp+0.001 pp+64.8%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.