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
Diversified Banks3.71%+1.04 ppAsset Management & Custody Banks1.44%+0.94 ppInvestment Banking & Brokerage1.31%+0.50 ppProperty & Casualty Insurance1.20%+0.38 ppFinancial Exchanges & Data1.11%+0.35 ppTransaction & Payment Processing Services1.13%+0.30 ppInsurance Brokers0.79%+0.27 ppConsumer Finance0.68%+0.22 ppRegional Banks0.30%+0.07 ppLife & Health Insurance0.39%+0.06 ppMulti-line Insurance0.18%+0.03 ppReinsurance0.03%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.31%
Industry change · 12M
+0.50 pp
Investment Banking & Brokerage · contribution
+0.499 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 | $160.5bn | 0.364% | +0.041 pp | +0.183 pp | +22.2% | Yes |
| Morgan Stanley → MS | United States | $205.4bn | 0.465% | -0.015 pp | +0.161 pp | +35.0% | No |
| Goldman Sachs → GS | United States | $184.2bn | 0.417% | -0.017 pp | +0.136 pp | +34.3% | No |
| Raymond James Financial → RJF | United States | $29.7bn | 0.067% | -0.004 pp | +0.019 pp | +21.4% | 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.