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›Health Care›Pharmaceuticals›Pharmaceuticals

1 · Sector

Weight and 12M allocation change

Information Technology34.6%+6.31 pp Utilities2.9%+0.04 pp Consumer Staples7.1%+0.00 pp Real Estate2.6%-0.16 pp Industrials9.7%-0.18 pp Financials11.0%-0.18 pp Materials2.6%-0.35 pp Communication Services2.5%-0.43 pp Consumer Discretionary11.3%-1.04 pp Energy2.5%-1.29 pp Health Care13.5%-2.72 pp

2 · Industry

Inside Health Care

Pharmaceuticals4.40%-0.86 pp Managed Health Care1.72%-0.51 pp Biotechnology2.12%-0.40 pp Health Care Equipment2.53%-0.38 pp Life Sciences Tools & Services1.39%-0.31 pp Health Care Services0.53%-0.19 pp Health Care Distributors0.34%-0.09 pp Health Care Supplies0.15%-0.04 pp Health Care Technology0.03%+0.03 pp Health Care Facilities0.24%+0.02 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals4.40%-0.862 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

4.40%

Industry change · 12M

-0.86 pp

Pharmaceuticals · contribution

-0.862 pp

Company participation

86%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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
Johnson & Johnson → JNJ	United States	$390.1bn	0.908%	+0.249 pp	-0.444 pp	+7.3%	Yes
Lilly (Eli) → LLY	United States	$842.0bn	1.960%	+0.347 pp	+0.257 pp	+66.0%	Yes
Pfizer → PFE	United States	$164.0bn	0.382%	+0.085 pp	-0.244 pp	-7.6%	Yes
Merck & Co. → MRK	United States	$287.9bn	0.670%	+0.082 pp	-0.202 pp	+13.2%	No
Bristol Myers Squibb → BMY	United States	$104.9bn	0.244%	+0.086 pp	-0.161 pp	-6.4%	Yes
Zoetis → ZTS	United States	$88.5bn	0.206%	+0.058 pp	-0.061 pp	+13.4%	Yes
Viatris → VTRS	United States	$13.9bn	0.032%	+0.009 pp	-0.007 pp	+23.1%	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.