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
Semiconductors15.34%+4.26 ppApplication Software2.45%-1.03 ppSemiconductor Materials & Equipment1.19%+0.57 ppSystems Software6.78%-0.52 ppIT Consulting & Other Services0.97%-0.28 ppCommunications Equipment1.09%+0.26 ppTechnology Hardware, Storage & Peripherals7.94%-0.21 ppElectronic Components0.34%+0.14 ppElectronic Equipment & Instruments0.23%-0.08 ppInternet Services & Infrastructure0.10%-0.05 ppElectronic Manufacturing Services0.17%+0.04 ppTechnology Distributors0.03%-0.03 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.45%
Industry change · 12M
-1.03 pp
Application Software · contribution
-1.027 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2026 · 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 | $198.9bn | 0.381% | -0.105 pp | -0.347 pp | -37.5% | No |
| Adobe Inc. → ADBE | United States | $120.4bn | 0.230% | -0.049 pp | -0.193 pp | -33.0% | No |
| Oracle Corporation → ORCL | United States | $472.9bn | 0.905% | -0.557 pp | -0.153 pp | -2.2% | No |
| Intuit → INTU | United States | $138.9bn | 0.266% | -0.099 pp | -0.109 pp | -16.5% | No |
| Workday, Inc. → WDAY | United States | $38.6bn | 0.074% | -0.029 pp | -0.054 pp | -33.0% | No |
| Autodesk → ADSK | United States | $53.6bn | 0.103% | -0.023 pp | -0.046 pp | -18.8% | No |
| Fair Isaac → FICO | United States | $34.7bn | 0.066% | -0.012 pp | -0.035 pp | -21.9% | No |
| Cadence Design Systems → CDNS | United States | $80.7bn | 0.154% | -0.026 pp | -0.027 pp | -0.4% | No |
| Tyler Technologies → TYL | United States | $15.9bn | 0.030% | -0.010 pp | -0.027 pp | -38.6% | No |
| PTC Inc. → PTC | United States | $18.7bn | 0.036% | -0.011 pp | -0.016 pp | -19.3% | No |
| Synopsys → SNPS | United States | $89.0bn | 0.170% | +0.005 pp | -0.010 pp | -11.5% | No |
| Trimble Inc. → TRMB | United States | $16.1bn | 0.031% | -0.006 pp | -0.010 pp | -9.8% | 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.