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
Semiconductors14.40%+11.56 ppSystems Software8.95%+3.11 ppApplication Software3.69%+1.23 ppTechnology Hardware, Storage & Peripherals6.89%+0.55 ppCommunications Equipment1.09%+0.55 ppSemiconductor Materials & Equipment0.62%+0.23 ppIT Consulting & Other Services0.98%+0.15 ppElectronic Components0.25%+0.12 ppElectronic Manufacturing Services0.18%+0.07 ppElectronic Equipment & Instruments0.28%+0.06 ppInternet Services & Infrastructure0.13%+0.03 ppTechnology Distributors0.05%-0.00 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.69%
Industry change · 12M
+1.23 pp
Application Software · contribution
+1.231 pp
Company participation
50%
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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $712.8bn | 1.503% | +0.556 pp | +0.814 pp | +83.9% | Yes |
| Intuit → INTU | United States | $219.0bn | 0.462% | +0.041 pp | +0.138 pp | +22.1% | Yes |
| Adobe Inc. → ADBE | United States | $151.7bn | 0.320% | -0.064 pp | -0.118 pp | -35.2% | No |
| Workday, Inc. → WDAY | United States | $50.5bn | 0.106% | -0.023 pp | +0.106 pp | +1.0% | No |
| Cadence Design Systems → CDNS | United States | $99.3bn | 0.209% | +0.014 pp | +0.078 pp | +36.2% | Yes |
| Salesforce → CRM | United States | $247.0bn | 0.521% | -0.099 pp | +0.071 pp | +0.4% | No |
| Synopsys → SNPS | United States | $98.3bn | 0.207% | +0.037 pp | +0.054 pp | +13.5% | Yes |
| Autodesk → ADSK | United States | $64.9bn | 0.137% | -0.003 pp | +0.041 pp | +22.5% | No |
| Trimble Inc. → TRMB | United States | $20.0bn | 0.042% | +0.007 pp | +0.018 pp | +53.8% | Yes |
| PTC Inc. → PTC | United States | $25.7bn | 0.054% | +0.009 pp | +0.016 pp | +20.8% | Yes |
| Tyler Technologies → TYL | United States | $25.3bn | 0.053% | -0.003 pp | +0.010 pp | +2.9% | No |
| Fair Isaac → FICO | United States | $34.5bn | 0.073% | -0.044 pp | +0.002 pp | -10.2% | 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.