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›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Information Technology33.6%+3.90 pp Consumer Discretionary13.1%+1.27 pp Financials12.6%+0.85 pp Consumer Staples6.8%+0.07 pp Utilities2.6%-0.07 pp Communication Services2.5%-0.41 pp Real Estate2.3%-0.46 pp Materials2.3%-0.48 pp Industrials9.6%-0.62 pp Energy2.5%-0.66 pp Health Care12.2%-3.40 pp

2 · Industry

Inside Financials

Asset Management & Custody Banks1.67%+0.92 pp Diversified Banks3.87%+0.19 pp Investment Banking & Brokerage1.26%+0.15 pp Financial Exchanges & Data1.08%-0.14 pp Consumer Finance0.73%+0.09 pp Property & Casualty Insurance1.05%-0.09 pp Transaction & Payment Processing Services1.23%-0.08 pp Life & Health Insurance0.43%-0.08 pp Multi-line Insurance0.17%-0.05 pp Insurance Brokers0.70%-0.05 pp Reinsurance0.03%-0.02 pp Regional Banks0.33%+0.00 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.33%+0.002 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.33%

Industry change · 12M

+0.00 pp

Regional Banks · contribution

+0.002 pp

Company participation

67%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2025 · 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
M&T Bank → MTB	United States	$33.4bn	0.074%	-0.002 pp	+0.006 pp	+50.5%	Yes
Fifth Third Bancorp → FITB	United States	$29.7bn	0.066%	-0.003 pp	-0.003 pp	+34.3%	No
Regions Financial Corporation → RF	United States	$22.4bn	0.050%	-0.002 pp	-0.002 pp	+38.1%	No
Citizens Financial Group → CFG	United States	$21.0bn	0.047%	+0.002 pp	+0.001 pp	+51.5%	Yes
KeyCorp → KEY	United States	$17.8bn	0.040%	+0.001 pp	-0.001 pp	+30.3%	Yes
Huntington Bancshares → HBAN	United States	$25.0bn	0.056%	+0.002 pp	+0.001 pp	+41.2%	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.