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
Semiconductors18.69%+6.47 ppTechnology Hardware, Storage & Peripherals9.29%+2.19 ppSystems Software6.70%-1.66 ppApplication Software2.34%-1.01 ppSemiconductor Materials & Equipment1.51%+0.94 ppCommunications Equipment1.58%+0.57 ppIT Consulting & Other Services0.76%-0.41 ppElectronic Components0.55%+0.33 ppElectronic Equipment & Instruments0.23%-0.06 ppInternet Services & Infrastructure0.10%-0.04 ppElectronic Manufacturing Services0.17%+0.03 ppTechnology Distributors0.03%-0.03 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.34%
Industry change · 12M
-1.01 pp
Application Software · contribution
-1.011 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 |
|---|---|---|---|---|---|---|---|
| Intuit → INTU | United States | $90.7bn | 0.157% | +0.002 pp | -0.319 pp | -55.6% | No |
| Salesforce → CRM | United States | $156.5bn | 0.271% | +0.021 pp | -0.304 pp | -27.4% | No |
| Adobe Inc. → ADBE | United States | $104.8bn | 0.182% | +0.034 pp | -0.219 pp | -37.6% | No |
| Oracle Corporation → ORCL | United States | $649.4bn | 1.125% | +0.552 pp | +0.074 pp | +37.8% | Yes |
| Workday, Inc. → WDAY | United States | $32.2bn | 0.056% | +0.015 pp | -0.068 pp | -41.0% | No |
| Autodesk → ADSK | United States | $48.8bn | 0.085% | +0.013 pp | -0.059 pp | -21.9% | No |
| Fair Isaac → FICO | United States | $29.0bn | 0.050% | +0.004 pp | -0.045 pp | -27.6% | No |
| Tyler Technologies → TYL | United States | $13.2bn | 0.023% | +0.002 pp | -0.033 pp | -45.7% | No |
| PTC Inc. → PTC | United States | $16.0bn | 0.028% | +0.002 pp | -0.018 pp | -17.6% | No |
| Trimble Inc. → TRMB | United States | $13.1bn | 0.023% | +0.001 pp | -0.016 pp | -20.9% | No |
| Synopsys → SNPS | United States | $91.1bn | 0.158% | +0.049 pp | -0.005 pp | +2.5% | Yes |
| Cadence Design Systems → CDNS | United States | $103.4bn | 0.179% | +0.066 pp | +0.002 pp | +30.6% | 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.