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›Consumer Discretionary›Restaurants›Restaurants

1 · Sector

Weight and 12M allocation change

Materials32.5%+2.94 pp Financials8.1%+0.31 pp Consumer Staples5.2%+0.08 pp Industrials7.1%-0.13 pp Information Technology20.9%-0.23 pp Utilities1.9%-0.23 pp Energy2.1%-0.24 pp Communication Services1.8%-0.26 pp Real Estate1.8%-0.29 pp Consumer Discretionary8.2%-0.72 pp Health Care10.3%-1.24 pp

2 · Industry

Inside Consumer Discretionary

Automobile Manufacturers1.37%-0.80 pp Broadline Retail3.82%+0.67 pp Restaurants0.65%-0.28 pp Home Improvement Retail0.88%-0.15 pp Casinos & Gaming0.11%-0.06 pp Apparel, Accessories & Luxury Goods0.21%-0.03 pp Automotive Parts & Equipment0.04%-0.03 pp Other Specialty Retail0.05%-0.02 pp Distributors0.04%-0.02 pp Hotels, Resorts & Cruise Lines0.37%+0.01 pp Consumer Electronics0.06%+0.01 pp Automotive Retail0.10%-0.01 pp Apparel Retail0.32%+0.01 pp Homebuilding0.17%-0.01 pp Footwear0.01%+0.01 pp Computer & Electronics Retail0.03%-0.01 pp Leisure Products0.02%-0.01 pp Homefurnishing Retail0.00%+0.00 pp

3 · Sub-industry

Inside Restaurants

Restaurants0.65%-0.283 pp

Concentrated

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

View all contributions →

Restaurants · weight

0.65%

Industry change · 12M

-0.28 pp

Restaurants · contribution

-0.283 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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
McDonald's → MCD	United States	$183.7bn	0.344%	-0.220 pp	-0.160 pp	-12.6%	No
Starbucks → SBUX	United States	$88.2bn	0.165%	-0.122 pp	-0.097 pp	-19.5%	No
Yum! Brands → YUM	United States	$37.3bn	0.070%	-0.038 pp	-0.020 pp	-2.5%	No
Darden Restaurants → DRI	United States	$18.1bn	0.034%	-0.021 pp	-0.013 pp	-6.3%	No
Domino's → DPZ	United States	$18.0bn	0.034%	-0.014 pp	+0.006 pp	+55.1%	No
Chipotle Mexican Grill → CMG	United States	$1.7bn	0.003%	-0.001 pp	+0.000 pp	+46.4%	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.