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›Communication Services›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Information Technology34.6%+14.94 ppFinancials12.3%+4.16 ppConsumer Discretionary12.0%+4.02 ppIndustrials10.1%+2.81 ppConsumer Staples7.3%+1.96 ppCommunication Services2.7%+0.87 ppHealth Care11.2%+0.85 ppUtilities2.9%+0.76 ppReal Estate2.4%+0.60 ppEnergy2.3%+0.18 ppMaterials2.3%-31.15 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services0.87%+0.29 ppWireless Telecommunication Services0.62%+0.23 ppMovies & Entertainment0.65%+0.19 ppCable & Satellite0.39%+0.10 ppInteractive Home Entertainment0.09%+0.04 ppBroadcasting0.06%+0.02 ppAdvertising0.03%-0.00 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services0.87%+0.292 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
0.87%
Industry change · 12M
+0.29 pp
Integrated Telecommunication Services · contribution
+0.292 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
AT&T →
T
United States$200.0bn0.453%+0.013 pp+0.204 pp+60.5%Yes
Verizon →
VZ
United States$185.3bn0.420%+0.014 pp+0.089 pp+14.0%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.