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
Semiconductors14.10%+4.00 ppTechnology Hardware, Storage & Peripherals7.49%-1.23 ppSystems Software8.37%+0.47 ppCommunications Equipment1.12%+0.36 ppIT Consulting & Other Services0.93%-0.23 ppSemiconductor Materials & Equipment0.59%+0.09 ppElectronic Components0.26%+0.07 ppApplication Software3.38%+0.06 ppElectronic Equipment & Instruments0.26%-0.04 ppElectronic Manufacturing Services0.17%+0.03 ppTechnology Distributors0.04%-0.03 ppInternet Services & Infrastructure0.12%-0.02 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.38%
Industry change · 12M
+0.06 pp
Application Software · contribution
+0.060 pp
Company participation
50%
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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $635.2bn | 1.317% | +0.265 pp | +0.376 pp | +61.7% | Yes |
| Adobe Inc. → ADBE | United States | $151.3bn | 0.314% | -0.087 pp | -0.302 pp | -37.9% | No |
| Workday, Inc. → WDAY | United States | $50.8bn | 0.105% | -0.018 pp | +0.105 pp | -12.3% | No |
| Salesforce → CRM | United States | $245.0bn | 0.508% | -0.067 pp | -0.076 pp | +1.9% | No |
| Intuit → INTU | United States | $186.1bn | 0.386% | -0.091 pp | -0.040 pp | +6.5% | No |
| Fair Isaac → FICO | United States | $36.5bn | 0.076% | -0.019 pp | -0.027 pp | -12.1% | No |
| Cadence Design Systems → CDNS | United States | $95.5bn | 0.198% | +0.020 pp | +0.020 pp | +30.3% | Yes |
| Tyler Technologies → TYL | United States | $24.4bn | 0.050% | -0.006 pp | -0.010 pp | -4.3% | No |
| Trimble Inc. → TRMB | United States | $19.2bn | 0.040% | +0.001 pp | +0.006 pp | +42.6% | Yes |
| Autodesk → ADSK | United States | $67.3bn | 0.140% | -0.004 pp | +0.005 pp | +21.8% | Yes |
| Synopsys → SNPS | United States | $93.6bn | 0.194% | +0.031 pp | +0.001 pp | +16.2% | Yes |
| PTC Inc. → PTC | United States | $25.6bn | 0.053% | +0.007 pp | +0.001 pp | +19.2% | 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.