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
Semiconductors12.22%+9.11 ppSystems Software8.36%+2.20 ppTechnology Hardware, Storage & Peripherals7.10%+1.27 ppApplication Software3.35%+1.05 ppCommunications Equipment1.01%+0.47 ppIT Consulting & Other Services1.17%+0.41 ppSemiconductor Materials & Equipment0.57%+0.15 ppElectronic Components0.22%+0.12 ppInternet Services & Infrastructure0.14%+0.08 ppElectronic Equipment & Instruments0.29%+0.06 ppElectronic Manufacturing Services0.15%+0.03 ppTechnology Distributors0.05%-0.00 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.35%
Industry change · 12M
+1.05 pp
Application Software · contribution
+1.047 pp
Company participation
33%
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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $464.2bn | 1.052% | +0.013 pp | +0.436 pp | +42.8% | Yes |
| Intuit → INTU | United States | $210.2bn | 0.476% | +0.092 pp | +0.168 pp | +31.6% | Yes |
| Salesforce → CRM | United States | $253.7bn | 0.575% | -0.063 pp | +0.141 pp | +13.9% | No |
| Workday, Inc. → WDAY | United States | $54.5bn | 0.123% | -0.006 pp | +0.123 pp | +17.1% | No |
| Autodesk → ADSK | United States | $63.4bn | 0.144% | +0.012 pp | +0.061 pp | +46.9% | Yes |
| Fair Isaac → FICO | United States | $42.0bn | 0.095% | -0.008 pp | +0.034 pp | +33.8% | No |
| Cadence Design Systems → CDNS | United States | $78.4bn | 0.178% | +0.024 pp | +0.029 pp | +0.3% | Yes |
| Adobe Inc. → ADBE | United States | $176.9bn | 0.401% | -0.026 pp | +0.020 pp | -6.7% | No |
| Tyler Technologies → TYL | United States | $24.9bn | 0.056% | -0.002 pp | +0.017 pp | +20.1% | No |
| Trimble Inc. → TRMB | United States | $17.0bn | 0.039% | -0.001 pp | +0.012 pp | +28.0% | No |
| PTC Inc. → PTC | United States | $20.2bn | 0.046% | +0.002 pp | +0.005 pp | -4.5% | No |
| Synopsys → SNPS | United States | $72.0bn | 0.163% | +0.005 pp | -0.001 pp | -17.3% | 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.