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
Semiconductors10.66%+6.47 ppSystems Software7.68%-1.10 ppApplication Software3.26%-0.33 ppCommunications Equipment1.01%+0.21 ppElectronic Components0.20%+0.07 ppInternet Services & Infrastructure0.16%+0.06 ppTechnology Hardware, Storage & Peripherals7.95%+0.06 ppElectronic Equipment & Instruments0.29%-0.04 ppTechnology Distributors0.05%-0.04 ppSemiconductor Materials & Equipment0.57%-0.02 ppElectronic Manufacturing Services0.14%-0.02 ppIT Consulting & Other Services1.16%-0.02 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.26%
Industry change · 12M
-0.33 pp
Application Software · contribution
-0.334 pp
Company participation
42%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 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 | $159.8bn | 0.384% | -0.040 pp | -0.217 pp | -19.0% | No |
| Salesforce → CRM | United States | $258.2bn | 0.620% | -0.107 pp | -0.135 pp | +0.5% | No |
| Workday, Inc. → WDAY | United States | $53.9bn | 0.129% | +0.001 pp | +0.129 pp | +0.1% | Yes |
| Intuit → INTU | United States | $175.4bn | 0.421% | +0.047 pp | -0.086 pp | +0.9% | Yes |
| Synopsys → SNPS | United States | $71.0bn | 0.170% | -0.010 pp | -0.064 pp | -13.5% | No |
| Oracle Corporation → ORCL | United States | $394.6bn | 0.948% | -0.110 pp | +0.042 pp | +25.1% | No |
| Fair Isaac → FICO | United States | $48.4bn | 0.116% | +0.015 pp | +0.035 pp | +75.6% | Yes |
| Cadence Design Systems → CDNS | United States | $81.3bn | 0.195% | +0.014 pp | -0.022 pp | +8.0% | Yes |
| PTC Inc. → PTC | United States | $18.6bn | 0.045% | -0.007 pp | -0.017 pp | -12.7% | No |
| Autodesk → ADSK | United States | $58.4bn | 0.140% | -0.009 pp | +0.008 pp | +28.8% | Yes |
| Trimble Inc. → TRMB | United States | $14.8bn | 0.036% | -0.005 pp | -0.007 pp | +3.4% | No |
| Tyler Technologies → TYL | United States | $23.4bn | 0.056% | -0.001 pp | -0.000 pp | +17.7% | 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.