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

Universe›Communication Services›Broadcasting›Broadcasting

1 · Sector

Weight and 12M allocation change

Materials29.2%+26.88 pp Energy2.3%-0.54 pp Communication Services2.2%-0.64 pp Utilities2.1%-0.78 pp Real Estate1.6%-0.97 pp Industrials7.6%-2.18 pp Consumer Staples4.9%-2.47 pp Consumer Discretionary8.4%-3.06 pp Financials7.9%-4.65 pp Health Care8.0%-4.97 pp Information Technology25.9%-6.63 pp

2 · Industry

Inside Communication Services

Wireless Telecommunication Services0.34%-0.39 pp Integrated Telecommunication Services0.60%-0.33 pp Movies & Entertainment0.91%+0.32 pp Cable & Satellite0.17%-0.24 pp Broadcasting0.10%+0.04 pp Interactive Home Entertainment0.05%-0.03 pp Advertising0.03%-0.00 pp

3 · Sub-industry

Inside Broadcasting

Broadcasting0.10%+0.037 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Broadcasting · weight

0.10%

Industry change · 12M

+0.04 pp

Broadcasting · contribution

+0.037 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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
Warner Bros. Discovery → WBD	United States	$68.1bn	0.099%	-0.041 pp	+0.037 pp	+155.9%	No
Fox Corporation (Class B) → FOX	United States	$0.0bn	0.000%	-0.000 pp	-0.000 pp	+1.8%	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.