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 Services0.81%-0.38 ppDiversified Banks3.93%+0.33 ppInvestment Banking & Brokerage1.48%+0.33 ppAsset Management & Custody Banks1.43%-0.18 ppConsumer Finance0.86%+0.17 ppInsurance Brokers0.57%-0.12 ppFinancial Exchanges & Data0.95%-0.10 ppProperty & Casualty Insurance0.98%-0.08 ppLife & Health Insurance0.35%-0.06 ppMulti-line Insurance0.16%-0.01 ppRegional Banks0.31%-0.01 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
3.93%
Industry change · 12M
+0.33 pp
Diversified Banks · contribution
+0.332 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 |
|---|---|---|---|---|---|---|---|
| JPMorgan Chase → JPM | United States | $877.2bn | 1.718% | -0.018 pp | +0.188 pp | +37.3% | Yes |
| Citigroup → C | United States | $208.8bn | 0.409% | +0.035 pp | +0.107 pp | +70.4% | Yes |
| Wells Fargo → WFC | United States | $292.6bn | 0.573% | +0.036 pp | +0.043 pp | +35.6% | Yes |
| Bank of America → BAC | United States | $401.6bn | 0.787% | +0.022 pp | +0.022 pp | +28.0% | Yes |
| PNC Financial Services → PNC | United States | $81.9bn | 0.160% | +0.002 pp | -0.013 pp | +12.2% | Yes |
| Truist Financial → TFC | United States | $63.0bn | 0.123% | +0.005 pp | -0.007 pp | +19.0% | Yes |
| U.S. Bancorp → USB | United States | $82.9bn | 0.162% | +0.012 pp | -0.007 pp | +16.5% | 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.