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›Health Care›Pharmaceuticals›Pharmaceuticals

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 Health Care

Managed Health Care1.83%-0.37 pp Biotechnology2.35%-0.34 pp Life Sciences Tools & Services1.64%-0.32 pp Health Care Equipment2.96%-0.17 pp Health Care Distributors0.43%+0.05 pp Pharmaceuticals5.03%+0.03 pp Health Care Services0.70%-0.02 pp Health Care Supplies0.20%+0.01 pp Health Care Facilities0.24%-0.00 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals5.03%+0.033 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

5.03%

Industry change · 12M

+0.03 pp

Pharmaceuticals · contribution

+0.033 pp

Company participation

43%

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
Lilly (Eli) → LLY	United States	$739.2bn	2.050%	+0.400 pp	+0.937 pp	+128.4%	Yes
Pfizer → PFE	United States	$156.7bn	0.435%	-0.050 pp	-0.348 pp	-28.5%	No
Johnson & Johnson → JNJ	United States	$381.0bn	1.057%	-0.068 pp	-0.320 pp	+5.2%	No
Bristol Myers Squibb → BMY	United States	$109.7bn	0.304%	-0.007 pp	-0.192 pp	-18.7%	No
Zoetis → ZTS	United States	$77.5bn	0.215%	-0.055 pp	-0.048 pp	+2.6%	No
Merck & Co. → MRK	United States	$334.2bn	0.927%	+0.103 pp	+0.005 pp	+27.4%	Yes
Viatris → VTRS	United States	$14.2bn	0.039%	+0.001 pp	+0.000 pp	+30.0%	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.