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 Services0.63%-0.46 ppFinancial Exchanges & Data0.69%-0.40 ppDiversified Banks3.53%-0.31 ppAsset Management & Custody Banks1.17%-0.31 ppInsurance Brokers0.45%-0.26 ppProperty & Casualty Insurance0.90%-0.20 ppLife & Health Insurance0.33%-0.05 ppConsumer Finance0.66%-0.05 ppInvestment Banking & Brokerage1.43%+0.05 ppRegional Banks0.35%+0.04 ppMulti-line Insurance0.13%-0.04 ppReinsurance0.02%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
3.53%
Industry change · 12M
-0.31 pp
Diversified Banks · contribution
-0.309 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jun 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 |
|---|---|---|---|---|---|---|---|
| JPMorgan Chase → JPM | United States | $877.1bn | 1.524% | +0.369 pp | -0.213 pp | +15.1% | Yes |
| Wells Fargo → WFC | United States | $252.9bn | 0.439% | +0.082 pp | -0.123 pp | +5.4% | Yes |
| Citigroup → C | United States | $244.8bn | 0.425% | +0.137 pp | +0.083 pp | +68.2% | Yes |
| Bank of America → BAC | United States | $404.4bn | 0.703% | +0.193 pp | -0.066 pp | +23.0% | Yes |
| Truist Financial → TFC | United States | $62.1bn | 0.108% | +0.024 pp | -0.014 pp | +21.1% | Yes |
| PNC Financial Services → PNC | United States | $98.9bn | 0.172% | +0.050 pp | +0.013 pp | +36.5% | Yes |
| U.S. Bancorp → USB | United States | $93.8bn | 0.163% | +0.045 pp | +0.011 pp | +38.8% | 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.