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›Financials›Diversified Banks›Diversified Banks

1 · Sector

Weight and 12M allocation change

Information Technology34.6%+14.94 pp Financials12.3%+4.16 pp Consumer Discretionary12.0%+4.02 pp Industrials10.1%+2.81 pp Consumer Staples7.3%+1.96 pp Communication Services2.7%+0.87 pp Health Care11.2%+0.85 pp Utilities2.9%+0.76 pp Real Estate2.4%+0.60 pp Energy2.3%+0.18 pp Materials2.3%-31.15 pp

2 · Industry

Inside Financials

Diversified Banks3.71%+1.04 pp Asset Management & Custody Banks1.44%+0.94 pp Investment Banking & Brokerage1.31%+0.50 pp Property & Casualty Insurance1.20%+0.38 pp Financial Exchanges & Data1.11%+0.35 pp Transaction & Payment Processing Services1.13%+0.30 pp Insurance Brokers0.79%+0.27 pp Consumer Finance0.68%+0.22 pp Regional Banks0.30%+0.07 pp Life & Health Insurance0.39%+0.06 pp Multi-line Insurance0.18%+0.03 pp Reinsurance0.03%+0.00 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks3.71%+1.039 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

3.71%

Industry change · 12M

+1.04 pp

Diversified Banks · contribution

+1.039 pp

Company participation

14%

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
JPMorgan Chase → JPM	United States	$733.7bn	1.662%	+0.008 pp	+0.550 pp	+33.3%	Yes
Bank of America → BAC	United States	$332.4bn	0.753%	-0.031 pp	+0.155 pp	+13.1%	No
Wells Fargo → WFC	United States	$243.3bn	0.551%	-0.025 pp	+0.152 pp	+27.8%	No
Citigroup → C	United States	$140.7bn	0.319%	-0.018 pp	+0.092 pp	+25.0%	No
PNC Financial Services → PNC	United States	$68.8bn	0.156%	-0.014 pp	+0.036 pp	+14.5%	No
U.S. Bancorp → USB	United States	$67.9bn	0.154%	-0.010 pp	+0.033 pp	+12.5%	No
Truist Financial → TFC	United States	$51.7bn	0.117%	-0.018 pp	+0.021 pp	+9.8%	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.