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›Health Care›Pharmaceuticals›Pharmaceuticals

1 · Sector

Weight and 12M allocation change

Information Technology39.9%+2.38 pp Energy2.7%+0.38 pp Health Care10.6%+0.37 pp Materials2.0%-0.11 pp Industrials9.9%-0.12 pp Real Estate2.1%-0.17 pp Communication Services2.2%-0.23 pp Utilities2.5%-0.34 pp Consumer Discretionary11.3%-0.38 pp Consumer Staples5.9%-0.60 pp Financials10.9%-1.19 pp

2 · Industry

Inside Health Care

Health Care Equipment1.61%-0.77 pp Pharmaceuticals4.10%+0.75 pp Managed Health Care0.93%+0.23 pp Biotechnology1.89%+0.10 pp Health Care Technology0.08%+0.06 pp Health Care Services0.48%+0.05 pp Life Sciences Tools & Services0.90%-0.03 pp Health Care Facilities0.16%-0.02 pp Health Care Supplies0.09%+0.00 pp Health Care Distributors0.40%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals4.10%+0.749 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

4.10%

Industry change · 12M

+0.75 pp

Pharmaceuticals · contribution

+0.749 pp

Company participation

86%

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
Lilly (Eli) → LLY	United States	$1081.9bn	1.889%	+0.694 pp	+0.409 pp	+56.3%	Yes
Johnson & Johnson → JNJ	United States	$617.8bn	1.078%	+0.328 pp	+0.242 pp	+59.5%	Yes
Merck & Co. → MRK	United States	$321.6bn	0.561%	+0.195 pp	+0.148 pp	+72.2%	Yes
Zoetis → ZTS	United States	$32.4bn	0.057%	-0.009 pp	-0.080 pp	-46.0%	No
Bristol Myers Squibb → BMY	United States	$133.4bn	0.233%	+0.065 pp	+0.047 pp	+58.0%	Yes
Pfizer → PFE	United States	$142.5bn	0.249%	+0.043 pp	-0.030 pp	+14.9%	Yes
Viatris → VTRS	United States	$20.4bn	0.036%	+0.012 pp	+0.014 pp	+108.8%	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.