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 Health Care
Pharmaceuticals3.39%-1.02 ppManaged Health Care0.87%-0.85 ppLife Sciences Tools & Services0.91%-0.49 ppBiotechnology1.80%-0.32 ppHealth Care Equipment2.26%-0.27 ppHealth Care Services0.45%-0.07 ppHealth Care Distributors0.40%+0.07 ppHealth Care Supplies0.08%-0.06 ppHealth Care Facilities0.20%-0.04 ppHealth Care Technology0.03%-0.00 pp
3 · Sub-industry
Inside Health Care Supplies
Health Care Supplies · weight
0.08%
Industry change · 12M
-0.06 pp
Health Care Supplies · contribution
-0.063 pp
Company participation
33%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 |
|---|---|---|---|---|---|---|---|
| Align Technology → ALGN | United States | $9.1bn | 0.018% | -0.011 pp | -0.026 pp | -50.8% | No |
| Cooper Companies (The) → COO | United States | $13.6bn | 0.027% | -0.003 pp | -0.024 pp | -37.9% | No |
| West Pharmaceutical Services → WST | United States | $18.9bn | 0.038% | +0.004 pp | -0.013 pp | -12.3% | 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.