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
Semiconductors10.38%+6.07 ppSystems Software7.19%-1.88 ppApplication Software3.16%-0.61 ppTechnology Hardware, Storage & Peripherals8.20%+0.59 ppCommunications Equipment1.02%+0.21 ppIT Consulting & Other Services1.19%-0.12 ppElectronic Components0.19%+0.06 ppInternet Services & Infrastructure0.15%+0.05 ppTechnology Distributors0.05%-0.04 ppElectronic Equipment & Instruments0.30%-0.04 ppElectronic Manufacturing Services0.14%-0.04 ppSemiconductor Materials & Equipment0.55%-0.03 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.16%
Industry change · 12M
-0.61 pp
Application Software · contribution
-0.608 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 |
|---|---|---|---|---|---|---|---|
| Adobe Inc. → ADBE | United States | $163.5bn | 0.388% | -0.056 pp | -0.239 pp | -24.0% | No |
| Salesforce → CRM | United States | $257.9bn | 0.612% | -0.113 pp | -0.198 pp | -10.5% | No |
| Workday, Inc. → WDAY | United States | $51.4bn | 0.122% | -0.007 pp | +0.122 pp | -14.4% | Yes |
| Intuit → INTU | United States | $171.6bn | 0.408% | +0.008 pp | -0.097 pp | -5.0% | Yes |
| Synopsys → SNPS | United States | $66.3bn | 0.157% | -0.013 pp | -0.084 pp | -25.0% | No |
| Cadence Design Systems → CDNS | United States | $69.7bn | 0.166% | -0.021 pp | -0.070 pp | -18.3% | No |
| Oracle Corporation → ORCL | United States | $392.1bn | 0.931% | -0.126 pp | -0.027 pp | +12.5% | No |
| Autodesk → ADSK | United States | $55.8bn | 0.132% | -0.012 pp | -0.022 pp | +0.5% | No |
| Fair Isaac → FICO | United States | $45.0bn | 0.107% | -0.003 pp | +0.021 pp | +47.6% | No |
| PTC Inc. → PTC | United States | $18.6bn | 0.044% | -0.006 pp | -0.018 pp | -18.0% | No |
| Tyler Technologies → TYL | United States | $25.0bn | 0.059% | +0.003 pp | +0.010 pp | +36.8% | Yes |
| Trimble Inc. → TRMB | United States | $16.1bn | 0.038% | -0.001 pp | -0.006 pp | +2.0% | 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.