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 Financials
Asset Management & Custody Banks1.47%+0.71 ppDiversified Banks3.71%-0.15 ppInvestment Banking & Brokerage1.26%+0.12 ppInsurance Brokers0.86%+0.10 ppProperty & Casualty Insurance1.24%+0.07 ppTransaction & Payment Processing Services1.24%-0.06 ppLife & Health Insurance0.44%-0.05 ppMulti-line Insurance0.19%-0.03 ppRegional Banks0.31%-0.02 ppReinsurance0.04%-0.01 ppConsumer Finance0.66%-0.00 ppFinancial Exchanges & Data1.14%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.26%
Industry change · 12M
+0.12 pp
Investment Banking & Brokerage · contribution
+0.119 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Mar 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 |
|---|---|---|---|---|---|---|---|
| Charles Schwab Corporation → SCHW | United States | $142.0bn | 0.337% | +0.121 pp | +0.079 pp | +9.7% | Yes |
| Goldman Sachs → GS | United States | $170.5bn | 0.405% | -0.003 pp | +0.028 pp | +33.7% | No |
| Morgan Stanley → MS | United States | $188.2bn | 0.447% | -0.013 pp | +0.020 pp | +28.0% | No |
| Raymond James Financial → RJF | United States | $28.5bn | 0.068% | -0.004 pp | -0.007 pp | +9.3% | 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.