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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Semiconductors11.08%+7.06 ppSystems Software7.30%-1.93 ppTechnology Hardware, Storage & Peripherals8.15%-0.66 ppApplication Software3.47%-0.48 ppIT Consulting & Other Services1.26%-0.15 ppSemiconductor Materials & Equipment0.62%+0.12 ppElectronic Components0.19%+0.07 ppElectronic Equipment & Instruments0.30%-0.04 ppElectronic Manufacturing Services0.14%-0.04 ppTechnology Distributors0.06%-0.03 ppInternet Services & Infrastructure0.15%+0.03 ppCommunications Equipment0.83%-0.03 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.47%
Industry change · 12M
-0.48 pp
Application Software · contribution
-0.483 pp
Company participation
50%
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 |
|---|---|---|---|---|---|---|---|
| Adobe Inc. → ADBE | United States | $190.4bn | 0.423% | -0.071 pp | -0.407 pp | -29.2% | No |
| Intuit → INTU | United States | $168.4bn | 0.375% | -0.028 pp | -0.151 pp | -4.1% | No |
| Oracle Corporation → ORCL | United States | $475.6bn | 1.058% | -0.035 pp | +0.145 pp | +53.9% | No |
| Workday, Inc. → WDAY | United States | $57.7bn | 0.128% | +0.128 pp | +0.128 pp | -10.0% | Yes |
| Salesforce → CRM | United States | $327.0bn | 0.727% | +0.072 pp | -0.082 pp | +22.2% | Yes |
| Synopsys → SNPS | United States | $81.2bn | 0.181% | -0.005 pp | -0.060 pp | -1.5% | No |
| Cadence Design Systems → CDNS | United States | $81.6bn | 0.181% | +0.004 pp | -0.052 pp | +3.2% | Yes |
| Fair Isaac → FICO | United States | $45.6bn | 0.101% | -0.013 pp | +0.013 pp | +56.3% | No |
| Autodesk → ADSK | United States | $66.9bn | 0.149% | +0.005 pp | -0.013 pp | +22.7% | Yes |
| PTC Inc. → PTC | United States | $23.2bn | 0.052% | -0.001 pp | -0.012 pp | +7.1% | Yes |
| Tyler Technologies → TYL | United States | $25.7bn | 0.057% | -0.004 pp | +0.004 pp | +42.3% | No |
| Trimble Inc. → TRMB | United States | $18.4bn | 0.041% | +0.006 pp | +0.003 pp | +47.4% | 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.