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

Materials33.4%+3.81 pp Industrials7.3%+0.36 pp Financials8.1%+0.32 pp Consumer Staples5.3%-0.02 pp Energy2.2%-0.17 pp Utilities2.1%-0.18 pp Communication Services1.9%-0.26 pp Real Estate1.8%-0.32 pp Consumer Discretionary7.9%-0.56 pp Health Care10.3%-1.48 pp Information Technology19.7%-1.49 pp

2 · Industry

Inside Financials

Diversified Banks2.67%+0.24 pp Asset Management & Custody Banks0.50%+0.14 pp Property & Casualty Insurance0.82%+0.10 pp Transaction & Payment Processing Services0.83%-0.09 pp Financial Exchanges & Data0.76%-0.07 pp Insurance Brokers0.52%-0.06 pp Consumer Finance0.46%+0.04 pp Multi-line Insurance0.15%+0.01 pp Regional Banks0.23%+0.01 pp Life & Health Insurance0.33%+0.01 pp Investment Banking & Brokerage0.81%-0.00 pp Reinsurance0.03%-0.00 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks2.67%+0.237 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

2.67%

Industry change · 12M

+0.24 pp

Diversified Banks · contribution

+0.237 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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	$581.9bn	1.112%	-0.423 pp	+0.133 pp	+53.3%	No
Bank of America → BAC	United States	$312.7bn	0.598%	-0.181 pp	+0.051 pp	+48.5%	No
Wells Fargo → WFC	United States	$208.9bn	0.399%	-0.171 pp	+0.030 pp	+55.0%	No
Citigroup → C	United States	$118.9bn	0.227%	-0.077 pp	+0.014 pp	+46.7%	No
U.S. Bancorp → USB	United States	$63.3bn	0.121%	-0.066 pp	+0.008 pp	+42.9%	No
PNC Financial Services → PNC	United States	$62.6bn	0.120%	-0.048 pp	+0.006 pp	+42.2%	No
Truist Financial → TFC	United States	$50.5bn	0.097%	-0.037 pp	-0.004 pp	+31.8%	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.