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›Materials›Copper›Copper

1 · Sector

Weight and 12M allocation change

Information Technology40.9%+4.04 pp Energy3.9%+1.55 pp Health Care10.6%+0.01 pp Communication Services2.3%-0.19 pp Materials2.0%-0.23 pp Real Estate1.9%-0.31 pp Industrials9.3%-0.48 pp Utilities2.2%-0.48 pp Consumer Staples5.5%-0.92 pp Consumer Discretionary10.8%-1.27 pp Financials10.5%-1.72 pp

2 · Industry

Inside Materials

Paper & Plastic Packaging Products & Materials0.17%-0.21 pp Industrial Gases0.49%-0.11 pp Specialty Chemicals0.41%-0.09 pp Construction Materials0.21%+0.06 pp Gold0.22%+0.05 pp Copper0.18%+0.05 pp Steel0.15%+0.04 pp Fertilizers & Agricultural Chemicals0.14%-0.02 pp Metal, Glass & Plastic Containers0.03%-0.00 pp Commodity Chemicals0.04%+0.00 pp

3 · Sub-industry

Inside Copper

Copper0.18%+0.049 pp

Concentrated

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

View all contributions →

Copper · weight

0.18%

Industry change · 12M

+0.05 pp

Copper · contribution

+0.049 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
Freeport-McMoRan → FCX	United States	$108.8bn	0.181%	+0.017 pp	+0.049 pp	+72.4%	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.