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›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Information Technology36.8%+3.53 pp Consumer Discretionary12.0%+1.16 pp Financials12.2%+0.79 pp Communication Services2.5%+0.07 pp Industrials9.8%+0.05 pp Utilities2.7%-0.09 pp Energy2.4%-0.29 pp Materials2.3%-0.34 pp Real Estate2.3%-0.39 pp Consumer Staples6.4%-0.84 pp Health Care10.6%-3.65 pp

2 · Industry

Inside Financials

Asset Management & Custody Banks1.51%+0.56 pp Investment Banking & Brokerage1.40%+0.35 pp Diversified Banks3.86%+0.28 pp Consumer Finance0.84%+0.21 pp Transaction & Payment Processing Services0.98%-0.16 pp Property & Casualty Insurance1.02%-0.15 pp Financial Exchanges & Data1.05%-0.09 pp Insurance Brokers0.67%-0.08 pp Life & Health Insurance0.37%-0.08 pp Multi-line Insurance0.16%-0.03 pp Reinsurance0.03%-0.01 pp Regional Banks0.32%-0.01 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.32%-0.006 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.32%

Industry change · 12M

-0.01 pp

Regional Banks · contribution

-0.006 pp

Company participation

83%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
Fifth Third Bancorp → FITB	United States	$30.3bn	0.063%	+0.005 pp	-0.007 pp	+11.1%	Yes
KeyCorp → KEY	United States	$21.2bn	0.044%	+0.005 pp	+0.005 pp	+17.7%	Yes
M&T Bank → MTB	United States	$31.5bn	0.065%	-0.001 pp	-0.004 pp	+20.6%	No
Huntington Bancshares → HBAN	United States	$26.0bn	0.054%	+0.002 pp	+0.001 pp	+23.9%	Yes
Regions Financial Corporation → RF	United States	$24.4bn	0.051%	+0.007 pp	-0.001 pp	+22.0%	Yes
Citizens Financial Group → CFG	United States	$22.6bn	0.047%	+0.007 pp	+0.000 pp	+26.2%	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.