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

Information Technology33.3%+4.48 pp Financials11.4%+0.74 pp Consumer Staples7.3%+0.20 pp Utilities2.8%-0.07 pp Industrials9.8%-0.20 pp Real Estate2.7%-0.24 pp Materials2.6%-0.32 pp Communication Services2.4%-0.40 pp Energy2.6%-0.86 pp Consumer Discretionary10.9%-1.64 pp Health Care14.2%-1.69 pp

2 · Industry

Inside Financials

Asset Management & Custody Banks0.95%+0.46 pp Diversified Banks3.58%+0.30 pp Property & Casualty Insurance1.17%+0.20 pp Transaction & Payment Processing Services1.14%-0.16 pp Consumer Finance0.63%+0.09 pp Insurance Brokers0.75%-0.07 pp Investment Banking & Brokerage1.06%-0.05 pp Life & Health Insurance0.45%-0.04 pp Regional Banks0.33%+0.02 pp Multi-line Insurance0.19%-0.01 pp Reinsurance0.04%-0.01 pp Financial Exchanges & Data1.14%-0.01 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks3.58%+0.301 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

3.58%

Industry change · 12M

+0.30 pp

Diversified Banks · contribution

+0.301 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$639.6bn	1.545%	+0.433 pp	+0.190 pp	+57.5%	Yes
Bank of America → BAC	United States	$316.2bn	0.764%	+0.166 pp	+0.038 pp	+45.2%	Yes
Citigroup → C	United States	$119.5bn	0.289%	+0.062 pp	+0.035 pp	+58.0%	Yes
PNC Financial Services → PNC	United States	$73.6bn	0.178%	+0.058 pp	+0.025 pp	+60.1%	Yes
Truist Financial → TFC	United States	$59.5bn	0.144%	+0.047 pp	+0.014 pp	+54.1%	Yes
Wells Fargo → WFC	United States	$199.0bn	0.481%	+0.082 pp	-0.001 pp	+45.8%	Yes
U.S. Bancorp → USB	United States	$73.7bn	0.178%	+0.057 pp	-0.000 pp	+35.9%	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.