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
Semiconductors15.05%+3.50 ppApplication Software2.91%-0.61 ppTechnology Hardware, Storage & Peripherals8.57%+0.37 ppSystems Software7.72%+0.34 ppSemiconductor Materials & Equipment0.90%+0.31 ppCommunications Equipment1.07%+0.26 ppIT Consulting & Other Services0.99%-0.16 ppElectronic Components0.31%+0.12 ppElectronic Equipment & Instruments0.23%-0.06 ppElectronic Manufacturing Services0.17%+0.04 ppInternet Services & Infrastructure0.11%-0.03 ppTechnology Distributors0.04%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.91%
Industry change · 12M
-0.61 pp
Application Software · contribution
-0.607 pp
Company participation
8%
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 |
|---|---|---|---|---|---|---|---|
| Salesforce → CRM | United States | $219.5bn | 0.431% | -0.077 pp | -0.265 pp | -29.7% | No |
| Adobe Inc. → ADBE | United States | $134.0bn | 0.263% | -0.050 pp | -0.238 pp | -38.0% | No |
| Workday, Inc. → WDAY | United States | $47.4bn | 0.093% | -0.012 pp | +0.093 pp | -13.7% | No |
| Intuit → INTU | United States | $176.5bn | 0.347% | -0.039 pp | -0.050 pp | -0.5% | No |
| Fair Isaac → FICO | United States | $42.8bn | 0.084% | +0.008 pp | -0.044 pp | -24.0% | Yes |
| Synopsys → SNPS | United States | $77.6bn | 0.153% | -0.042 pp | -0.037 pp | -25.2% | No |
| Tyler Technologies → TYL | United States | $20.2bn | 0.040% | -0.011 pp | -0.020 pp | -25.4% | No |
| Cadence Design Systems → CDNS | United States | $84.9bn | 0.167% | -0.031 pp | -0.019 pp | +1.6% | No |
| Autodesk → ADSK | United States | $64.3bn | 0.126% | -0.013 pp | -0.012 pp | +3.9% | No |
| PTC Inc. → PTC | United States | $21.0bn | 0.041% | -0.012 pp | -0.012 pp | -12.3% | No |
| Oracle Corporation → ORCL | United States | $573.9bn | 1.127% | -0.189 pp | -0.003 pp | +10.3% | No |
| Trimble Inc. → TRMB | United States | $19.4bn | 0.038% | -0.002 pp | -0.002 pp | +11.6% | 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.