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

Industrials10.8%+1.00 pp Consumer Discretionary12.0%+1.00 pp Financials11.9%+0.68 pp Information Technology27.8%+0.62 pp Consumer Staples7.8%+0.06 pp Materials2.9%-0.19 pp Energy3.3%-0.23 pp Real Estate2.6%-0.43 pp Communication Services2.7%-0.45 pp Utilities2.9%-0.48 pp Health Care15.3%-1.58 pp

2 · Industry

Inside Health Care

Health Care Equipment2.92%-0.42 pp Managed Health Care1.87%-0.41 pp Biotechnology2.28%-0.34 pp Life Sciences Tools & Services1.64%-0.21 pp Pharmaceuticals5.03%-0.19 pp Health Care Distributors0.44%+0.05 pp Health Care Services0.68%-0.03 pp Health Care Facilities0.24%-0.03 pp Health Care Supplies0.19%-0.00 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals5.03%-0.186 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

5.03%

Industry change · 12M

-0.19 pp

Pharmaceuticals · contribution

-0.186 pp

Company participation

43%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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	$742.4bn	2.150%	+0.328 pp	+0.881 pp	+99.0%	Yes
Johnson & Johnson → JNJ	United States	$348.3bn	1.009%	-0.129 pp	-0.428 pp	-9.0%	No
Pfizer → PFE	United States	$144.7bn	0.419%	-0.036 pp	-0.319 pp	-30.7%	No
Bristol Myers Squibb → BMY	United States	$89.1bn	0.258%	-0.038 pp	-0.216 pp	-31.4%	No
Zoetis → ZTS	United States	$72.9bn	0.211%	-0.045 pp	-0.064 pp	-8.5%	No
Merck & Co. → MRK	United States	$327.3bn	0.948%	+0.038 pp	-0.042 pp	+15.0%	Yes
Viatris → VTRS	United States	$13.8bn	0.040%	-0.002 pp	+0.002 pp	+29.9%	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.