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 Banks3.84%+1.23 ppAsset Management & Custody Banks1.47%+0.81 ppInvestment Banking & Brokerage1.38%+0.58 ppFinancial Exchanges & Data1.09%+0.32 ppProperty & Casualty Insurance1.09%+0.32 ppTransaction & Payment Processing Services1.08%+0.29 ppConsumer Finance0.71%+0.27 ppInsurance Brokers0.71%+0.19 ppRegional Banks0.31%+0.09 ppLife & Health Insurance0.38%+0.07 ppMulti-line Insurance0.17%+0.03 ppMulti-Sector Holdings0.00%+0.00 ppReinsurance0.03%+0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.38%
Industry change · 12M
+0.58 pp
Investment Banking & Brokerage · contribution
+0.584 pp
Company participation
75%
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 |
|---|---|---|---|---|---|---|---|
| Goldman Sachs → GS | United States | $217.2bn | 0.468% | +0.064 pp | +0.195 pp | +59.8% | Yes |
| Morgan Stanley → MS | United States | $226.0bn | 0.487% | +0.041 pp | +0.191 pp | +49.6% | Yes |
| Charles Schwab Corporation → SCHW | United States | $165.8bn | 0.357% | +0.020 pp | +0.179 pp | +25.6% | Yes |
| Raymond James Financial → RJF | United States | $30.9bn | 0.067% | -0.001 pp | +0.019 pp | +25.8% | 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.