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 Health Care
Health Care Equipment1.61%-0.77 ppPharmaceuticals4.10%+0.75 ppManaged Health Care0.93%+0.23 ppBiotechnology1.89%+0.10 ppHealth Care Technology0.08%+0.06 ppHealth Care Services0.48%+0.05 ppLife Sciences Tools & Services0.90%-0.03 ppHealth Care Facilities0.16%-0.02 ppHealth Care Supplies0.09%+0.00 ppHealth Care Distributors0.40%+0.00 pp
3 · Sub-industry
Inside Managed Health Care
Managed Health Care · weight
0.93%
Industry change · 12M
+0.23 pp
Managed Health Care · contribution
+0.227 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 |
|---|---|---|---|---|---|---|---|
| UnitedHealth Group → UNH | United States | $376.3bn | 0.657% | +0.201 pp | +0.180 pp | +70.5% | Yes |
| Centene Corporation → CNC | United States | $30.7bn | 0.054% | +0.018 pp | +0.027 pp | +138.7% | Yes |
| Humana → HUM | United States | $43.7bn | 0.076% | +0.038 pp | +0.013 pp | +47.7% | Yes |
| Elevance Health → ELV | United States | $81.5bn | 0.142% | +0.031 pp | +0.008 pp | +35.6% | 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.