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%-0.81 ppPharmaceuticals4.07%+0.65 ppBiotechnology1.99%+0.19 ppHealth Care Technology0.10%+0.08 ppHealth Care Facilities0.15%-0.04 ppHealth Care Services0.43%-0.04 ppLife Sciences Tools & Services0.93%-0.03 ppManaged Health Care0.85%+0.02 ppHealth Care Supplies0.08%-0.00 ppHealth Care Distributors0.38%-0.00 pp
3 · Sub-industry
Inside Managed Health Care
Managed Health Care · weight
0.85%
Industry change · 12M
+0.02 pp
Managed Health Care · contribution
+0.018 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 |
|---|---|---|---|---|---|---|---|
| Centene Corporation → CNC | United States | $31.8bn | 0.053% | +0.002 pp | +0.023 pp | +121.6% | Yes |
| Elevance Health → ELV | United States | $85.1bn | 0.142% | -0.006 pp | -0.007 pp | +25.8% | Yes |
| Humana → HUM | United States | $46.0bn | 0.077% | +0.013 pp | +0.001 pp | +28.0% | Yes |
| UnitedHealth Group → UNH | United States | $349.5bn | 0.582% | -0.016 pp | +0.000 pp | +29.0% | 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.