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 Technology33.7%+4.42 ppFinancials12.6%+1.00 ppConsumer Staples7.2%+0.57 ppUtilities2.7%+0.11 ppCommunication Services2.7%-0.04 ppReal Estate2.5%-0.34 ppEnergy2.6%-0.50 ppMaterials2.3%-0.52 ppConsumer Discretionary11.8%-0.67 ppIndustrials9.5%-0.95 ppHealth Care12.4%-3.07 pp

2 · Industry

Inside Materials

Specialty Chemicals0.55%-0.16 ppIndustrial Gases0.65%-0.12 ppSteel0.12%-0.08 ppConstruction Materials0.14%-0.06 ppCommodity Chemicals0.06%-0.05 ppPaper & Plastic Packaging Products & Materials0.37%+0.05 ppCopper0.12%-0.04 ppFertilizers & Agricultural Chemicals0.14%-0.04 ppMetal, Glass & Plastic Containers0.03%-0.02 ppGold0.11%+0.00 pp

3 · Sub-industry

Inside Gold

Gold0.11%+0.005 pp
Concentrated

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

View all contributions →
Gold · weight
0.11%
Industry change · 12M
+0.00 pp
Gold · contribution
+0.005 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Newmont →
NEM
United States$48.3bn0.108%+0.003 pp+0.005 pp+40.5%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.