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

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 Financials

Diversified Banks3.85%+0.45 pp Asset Management & Custody Banks0.76%+0.21 pp Property & Casualty Insurance1.18%+0.12 pp Consumer Finance0.66%+0.08 pp Transaction & Payment Processing Services1.30%-0.04 pp Investment Banking & Brokerage1.14%-0.04 pp Multi-line Insurance0.22%+0.03 pp Insurance Brokers0.76%-0.02 pp Financial Exchanges & Data1.13%-0.01 pp Life & Health Insurance0.49%+0.00 pp Regional Banks0.33%-0.00 pp Multi-Sector Holdings0.00%+0.00 pp Reinsurance0.05%-0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks3.85%+0.453 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

3.85%

Industry change · 12M

+0.45 pp

Diversified Banks · contribution

+0.453 pp

Company participation

100%

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
JPMorgan Chase → JPM	United States	$576.9bn	1.600%	+0.134 pp	+0.291 pp	+58.1%	Yes
Wells Fargo → WFC	United States	$207.3bn	0.575%	+0.042 pp	+0.091 pp	+60.0%	Yes
Bank of America → BAC	United States	$298.5bn	0.828%	+0.033 pp	+0.047 pp	+36.8%	Yes
Citigroup → C	United States	$120.9bn	0.335%	+0.042 pp	+0.024 pp	+41.1%	Yes
Truist Financial → TFC	United States	$52.0bn	0.144%	-0.003 pp	-0.010 pp	+22.3%	Yes
PNC Financial Services → PNC	United States	$64.3bn	0.178%	-0.006 pp	+0.005 pp	+33.4%	Yes
U.S. Bancorp → USB	United States	$69.6bn	0.193%	-0.008 pp	+0.005 pp	+30.7%	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.