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›Information Technology›Communications Equipment›Communications Equipment

1 · Sector

Weight and 12M allocation change

Industrials10.8%+1.00 ppConsumer Discretionary12.0%+1.00 ppFinancials11.9%+0.68 ppInformation Technology27.8%+0.62 ppConsumer Staples7.8%+0.06 ppMaterials2.9%-0.19 ppEnergy3.3%-0.23 ppReal Estate2.6%-0.43 ppCommunication Services2.7%-0.45 ppUtilities2.9%-0.48 ppHealth Care15.3%-1.58 pp

2 · Industry

Inside Information Technology

Technology Hardware, Storage & Peripherals7.88%-1.46 ppSemiconductors4.19%+0.87 ppSystems Software8.78%+0.79 ppApplication Software3.59%+0.33 ppSemiconductor Materials & Equipment0.59%+0.18 ppCommunications Equipment0.80%-0.09 ppElectronic Manufacturing Services0.17%+0.04 ppElectronic Equipment & Instruments0.33%-0.03 ppInternet Services & Infrastructure0.09%-0.03 ppTechnology Distributors0.09%+0.02 ppIT Consulting & Other Services1.18%+0.01 ppElectronic Components0.14%+0.00 pp

3 · Sub-industry

Inside Communications Equipment

Communications Equipment0.80%-0.087 pp
Concentrated

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

View all contributions →
Communications Equipment · weight
0.80%
Industry change · 12M
-0.09 pp
Communications Equipment · contribution
-0.087 pp
Company participation
25%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 2024 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Cisco →
CSCO
United States$190.2bn0.551%-0.055 pp-0.103 pp+2.5%No
Arista Networks →
ANET
United States$20.1bn0.058%-0.002 pp+0.017 pp+60.2%No
Motorola Solutions →
MSI
United States$56.3bn0.163%+0.006 pp-0.001 pp+17.8%Yes
F5, Inc. →
FFIV
United States$9.7bn0.028%-0.004 pp+0.001 pp+23.0%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.