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
Semiconductors11.14%+6.88 ppSystems Software7.19%-2.04 ppApplication Software3.31%-0.58 ppCommunications Equipment1.03%+0.22 ppTechnology Hardware, Storage & Peripherals8.43%+0.20 ppIT Consulting & Other Services1.20%-0.19 ppElectronic Components0.19%+0.06 ppElectronic Equipment & Instruments0.29%-0.05 ppTechnology Distributors0.05%-0.04 ppElectronic Manufacturing Services0.14%-0.04 ppInternet Services & Infrastructure0.13%+0.03 ppSemiconductor Materials & Equipment0.57%-0.02 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.31%
Industry change · 12M
-0.58 pp
Application Software · contribution
-0.584 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 | $190.9bn | 0.427% | -0.074 pp | -0.299 pp | -21.7% | No |
| Salesforce → CRM | United States | $285.0bn | 0.637% | -0.059 pp | -0.219 pp | -3.0% | No |
| Oracle Corporation → ORCL | United States | $464.5bn | 1.039% | -0.092 pp | +0.159 pp | +50.3% | No |
| Intuit → INTU | United States | $171.6bn | 0.384% | -0.013 pp | -0.148 pp | -6.8% | No |
| Workday, Inc. → WDAY | United States | $57.9bn | 0.130% | +0.130 pp | +0.130 pp | -10.6% | Yes |
| Synopsys → SNPS | United States | $70.7bn | 0.158% | -0.031 pp | -0.093 pp | -20.3% | No |
| Cadence Design Systems → CDNS | United States | $68.7bn | 0.154% | -0.032 pp | -0.084 pp | -17.7% | No |
| Autodesk → ADSK | United States | $59.0bn | 0.132% | -0.007 pp | -0.026 pp | +6.2% | No |
| PTC Inc. → PTC | United States | $19.7bn | 0.044% | -0.009 pp | -0.019 pp | -10.6% | No |
| Fair Isaac → FICO | United States | $46.1bn | 0.103% | -0.025 pp | +0.013 pp | +48.5% | No |
| Tyler Technologies → TYL | United States | $26.2bn | 0.059% | -0.001 pp | +0.006 pp | +39.2% | Yes |
| Trimble Inc. → TRMB | United States | $17.7bn | 0.040% | +0.000 pp | -0.004 pp | +17.6% | 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.