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›Materials›Gold›Gold

1 · Sector

Weight and 12M allocation change

Information Technology33.6%+3.90 ppConsumer Discretionary13.1%+1.27 ppFinancials12.6%+0.85 ppConsumer Staples6.8%+0.07 ppUtilities2.6%-0.07 ppCommunication Services2.5%-0.41 ppReal Estate2.3%-0.46 ppMaterials2.3%-0.48 ppIndustrials9.6%-0.62 ppEnergy2.5%-0.66 ppHealth Care12.2%-3.40 pp

2 · Industry

Inside Materials

Specialty Chemicals0.54%-0.15 ppIndustrial Gases0.64%-0.11 ppSteel0.11%-0.08 ppCopper0.11%-0.05 ppCommodity Chemicals0.06%-0.05 ppConstruction Materials0.15%-0.03 ppGold0.11%+0.03 ppMetal, Glass & Plastic Containers0.04%-0.02 ppFertilizers & Agricultural Chemicals0.16%-0.01 ppPaper & Plastic Packaging Products & Materials0.34%+0.00 pp

3 · Sub-industry

Inside Gold

Gold0.11%+0.027 pp
Concentrated

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

View all contributions →
Gold · weight
0.11%
Industry change · 12M
+0.03 pp
Gold · contribution
+0.027 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2025 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Newmont →
NEM
United States$48.6bn0.108%-0.013 pp+0.027 pp+26.9%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.