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 Technology36.4%+15.47 pp Financials12.3%+4.20 pp Consumer Discretionary11.6%+3.35 pp Industrials9.9%+2.86 pp Consumer Staples6.8%+1.56 pp Communication Services2.7%+0.86 pp Utilities2.7%+0.78 pp Health Care10.9%+0.56 pp Real Estate2.3%+0.49 pp Energy2.3%+0.23 pp Materials2.2%-30.36 pp

2 · Industry

Inside Financials

Diversified Banks3.84%+1.23 pp Asset Management & Custody Banks1.47%+0.81 pp Investment Banking & Brokerage1.38%+0.58 pp Financial Exchanges & Data1.09%+0.32 pp Property & Casualty Insurance1.09%+0.32 pp Transaction & Payment Processing Services1.08%+0.29 pp Consumer Finance0.71%+0.27 pp Insurance Brokers0.71%+0.19 pp Regional Banks0.31%+0.09 pp Life & Health Insurance0.38%+0.07 pp Multi-line Insurance0.17%+0.03 pp Multi-Sector Holdings0.00%+0.00 pp Reinsurance0.03%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks3.84%+1.227 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

3.84%

Industry change · 12M

+1.23 pp

Diversified Banks · contribution

+1.227 pp

Company participation

43%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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	$805.7bn	1.737%	+0.109 pp	+0.649 pp	+46.7%	Yes
Bank of America → BAC	United States	$356.4bn	0.769%	+0.015 pp	+0.186 pp	+21.9%	Yes
Wells Fargo → WFC	United States	$260.7bn	0.562%	+0.002 pp	+0.174 pp	+38.1%	No
Citigroup → C	United States	$159.0bn	0.343%	+0.025 pp	+0.116 pp	+38.7%	Yes
PNC Financial Services → PNC	United States	$73.7bn	0.159%	-0.006 pp	+0.043 pp	+24.4%	No
U.S. Bancorp → USB	United States	$70.5bn	0.152%	-0.004 pp	+0.036 pp	+19.1%	No
Truist Financial → TFC	United States	$56.3bn	0.121%	-0.006 pp	+0.024 pp	+16.1%	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.