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
Semiconductors13.54%+10.43 ppSystems Software8.64%+2.13 ppApplication Software3.56%+0.95 ppTechnology Hardware, Storage & Peripherals6.94%+0.63 ppCommunications Equipment1.06%+0.51 ppIT Consulting & Other Services1.15%+0.36 ppSemiconductor Materials & Equipment0.64%+0.19 ppElectronic Components0.23%+0.13 ppElectronic Equipment & Instruments0.28%+0.06 ppElectronic Manufacturing Services0.16%+0.05 ppInternet Services & Infrastructure0.14%+0.04 ppTechnology Distributors0.05%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.56%
Industry change · 12M
+0.95 pp
Application Software · contribution
+0.952 pp
Company participation
50%
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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $614.1bn | 1.324% | +0.393 pp | +0.595 pp | +56.6% | Yes |
| Intuit → INTU | United States | $219.7bn | 0.474% | +0.066 pp | +0.129 pp | +20.6% | Yes |
| Workday, Inc. → WDAY | United States | $52.8bn | 0.114% | -0.008 pp | +0.114 pp | +7.4% | No |
| Adobe Inc. → ADBE | United States | $164.1bn | 0.354% | -0.034 pp | -0.108 pp | -30.4% | No |
| Salesforce → CRM | United States | $260.7bn | 0.562% | -0.050 pp | +0.095 pp | +6.9% | No |
| Autodesk → ADSK | United States | $66.2bn | 0.143% | +0.010 pp | +0.043 pp | +25.1% | Yes |
| Fair Isaac → FICO | United States | $44.5bn | 0.096% | -0.011 pp | +0.027 pp | +22.8% | No |
| Cadence Design Systems → CDNS | United States | $84.1bn | 0.181% | +0.016 pp | +0.024 pp | +0.1% | Yes |
| Tyler Technologies → TYL | United States | $25.6bn | 0.055% | -0.004 pp | +0.015 pp | +17.9% | No |
| Trimble Inc. → TRMB | United States | $18.1bn | 0.039% | +0.001 pp | +0.013 pp | +35.9% | Yes |
| PTC Inc. → PTC | United States | $20.7bn | 0.045% | +0.000 pp | +0.004 pp | -5.1% | No |
| Synopsys → SNPS | United States | $79.5bn | 0.172% | +0.014 pp | +0.001 pp | -13.8% | Yes |
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.