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 Staples›Tobacco›Tobacco

1 · Sector

Weight and 12M allocation change

Information Technology28.3%+1.04 pp Financials11.9%+0.79 pp Consumer Discretionary12.0%+0.65 pp Industrials10.6%+0.56 pp Consumer Staples7.5%-0.03 pp Materials2.9%-0.23 pp Energy3.3%-0.30 pp Real Estate2.7%-0.32 pp Communication Services2.8%-0.43 pp Utilities2.7%-0.60 pp Health Care15.4%-1.13 pp

2 · Industry

Inside Consumer Staples

Consumer Staples Merchandise Retail2.65%+0.92 pp Soft Drinks & Non-alcoholic Beverages1.60%-0.39 pp Packaged Foods & Meats0.65%-0.26 pp Tobacco0.61%-0.18 pp Household Products0.45%-0.06 pp Personal Care Products1.17%-0.02 pp Food Distributors0.11%-0.02 pp Agricultural Products & Services0.13%-0.02 pp Food Retail0.11%-0.01 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.61%-0.178 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.61%

Industry change · 12M

-0.18 pp

Tobacco · contribution

-0.178 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 2024 · 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
Philip Morris International → PM	United States	$142.2bn	0.394%	-0.041 pp	-0.120 pp	-0.5%	No
Altria → MO	United States	$76.9bn	0.213%	+0.001 pp	-0.058 pp	+6.8%	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.