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
Transaction & Payment Processing Services0.79%-0.41 ppInvestment Banking & Brokerage1.41%+0.20 ppInsurance Brokers0.57%-0.17 ppFinancial Exchanges & Data0.92%-0.15 ppProperty & Casualty Insurance0.98%-0.15 ppConsumer Finance0.82%+0.13 ppAsset Management & Custody Banks1.33%-0.11 ppLife & Health Insurance0.34%-0.10 ppRegional Banks0.29%-0.06 ppDiversified Banks3.75%+0.03 ppMulti-line Insurance0.15%-0.03 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Financial Exchanges & Data
Financial Exchanges & Data · weight
0.92%
Industry change · 12M
-0.15 pp
Financial Exchanges & Data · contribution
-0.155 pp
Company participation
13%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 |
|---|---|---|---|---|---|---|---|
| S&P Global → SPGI | United States | $142.9bn | 0.281% | -0.048 pp | -0.058 pp | -3.8% | No |
| Moody's Corporation → MCO | United States | $87.6bn | 0.172% | -0.018 pp | -0.028 pp | -1.1% | No |
| Intercontinental Exchange → ICE | United States | $89.7bn | 0.176% | -0.033 pp | -0.028 pp | -1.2% | No |
| MSCI → MSCI | United States | $42.4bn | 0.083% | -0.008 pp | -0.022 pp | -6.4% | No |
| FactSet → FDS | United States | $10.4bn | 0.020% | -0.009 pp | -0.021 pp | -42.8% | No |
| Nasdaq, Inc. → NDAQ | United States | $51.9bn | 0.102% | -0.011 pp | -0.003 pp | +10.9% | No |
| Cboe Global Markets → CBOE | United States | $27.0bn | 0.053% | +0.002 pp | +0.003 pp | +20.3% | Yes |
| CME Group → CME | United States | $18.8bn | 0.037% | +0.000 pp | +0.002 pp | +23.5% | 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.