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

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 Financials

Asset Management & Custody Banks0.66%+0.30 pp Diversified Banks2.62%+0.20 pp Transaction & Payment Processing Services0.79%-0.14 pp Property & Casualty Insurance0.77%+0.08 pp Insurance Brokers0.52%-0.07 pp Financial Exchanges & Data0.76%-0.05 pp Life & Health Insurance0.32%-0.02 pp Consumer Finance0.45%+0.02 pp Regional Banks0.22%+0.01 pp Multi-line Insurance0.14%-0.00 pp Investment Banking & Brokerage0.80%-0.00 pp Multi-Sector Holdings0.00%-0.00 pp Reinsurance0.03%-0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks2.62%+0.200 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

2.62%

Industry change · 12M

+0.20 pp

Diversified Banks · contribution

+0.200 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
JPMorgan Chase → JPM	United States	$580.8bn	1.089%	-0.511 pp	+0.106 pp	+42.8%	No
Bank of America → BAC	United States	$311.0bn	0.583%	-0.245 pp	+0.054 pp	+42.7%	No
Citigroup → C	United States	$121.0bn	0.227%	-0.108 pp	+0.020 pp	+43.8%	No
Wells Fargo → WFC	United States	$207.1bn	0.388%	-0.187 pp	+0.018 pp	+43.3%	No
Truist Financial → TFC	United States	$52.0bn	0.097%	-0.047 pp	+0.004 pp	+36.2%	No
U.S. Bancorp → USB	United States	$62.0bn	0.116%	-0.077 pp	-0.001 pp	+26.3%	No
PNC Financial Services → PNC	United States	$61.9bn	0.116%	-0.062 pp	-0.000 pp	+29.2%	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.