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 Banks3.82%+1.21 ppAsset Management & Custody Banks1.55%+0.85 ppInvestment Banking & Brokerage1.40%+0.61 ppConsumer Finance0.78%+0.32 ppFinancial Exchanges & Data1.09%+0.29 ppProperty & Casualty Insurance1.00%+0.23 ppTransaction & Payment Processing Services0.99%+0.19 ppInsurance Brokers0.65%+0.12 ppRegional Banks0.31%+0.06 ppLife & Health Insurance0.36%+0.03 ppMulti-line Insurance0.15%+0.01 ppReinsurance0.03%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.40%
Industry change · 12M
+0.61 pp
Investment Banking & Brokerage · contribution
+0.607 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 |
|---|---|---|---|---|---|---|---|
| Charles Schwab Corporation → SCHW | United States | $177.6bn | 0.374% | +0.020 pp | +0.224 pp | +52.0% | Yes |
| Morgan Stanley → MS | United States | $228.6bn | 0.482% | +0.035 pp | +0.181 pp | +42.2% | Yes |
| Goldman Sachs → GS | United States | $222.0bn | 0.468% | +0.058 pp | +0.174 pp | +45.1% | Yes |
| Raymond James Financial → RJF | United States | $33.7bn | 0.071% | +0.004 pp | +0.028 pp | +46.1% | 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.