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 Information Technology
Semiconductors17.29%+3.19 ppTechnology Hardware, Storage & Peripherals8.93%+1.44 ppApplication Software2.00%-1.38 ppSemiconductor Materials & Equipment1.75%+1.16 ppSystems Software7.68%-0.69 ppCommunications Equipment1.54%+0.41 ppIT Consulting & Other Services0.64%-0.29 ppElectronic Components0.47%+0.21 ppElectronic Manufacturing Services0.22%+0.05 ppInternet Services & Infrastructure0.09%-0.03 ppElectronic Equipment & Instruments0.24%-0.02 ppTechnology Distributors0.03%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.00%
Industry change · 12M
-1.38 pp
Application Software · contribution
-1.378 pp
Company participation
83%
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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $429.5bn | 0.715% | -0.410 pp | -0.601 pp | -33.3% | No |
| Intuit → INTU | United States | $98.3bn | 0.164% | +0.007 pp | -0.222 pp | -45.5% | Yes |
| Salesforce → CRM | United States | $212.0bn | 0.353% | +0.082 pp | -0.155 pp | +1.4% | Yes |
| Adobe Inc. → ADBE | United States | $116.4bn | 0.194% | +0.012 pp | -0.120 pp | -17.9% | Yes |
| Synopsys → SNPS | United States | $84.2bn | 0.140% | -0.018 pp | -0.054 pp | -27.2% | Yes |
| Autodesk → ADSK | United States | $54.0bn | 0.090% | +0.005 pp | -0.050 pp | -17.8% | Yes |
| Cadence Design Systems → CDNS | United States | $93.4bn | 0.156% | -0.024 pp | -0.042 pp | -3.3% | Yes |
| Fair Isaac → FICO | United States | $24.8bn | 0.041% | -0.009 pp | -0.034 pp | -24.6% | No |
| Workday, Inc. → WDAY | United States | $43.4bn | 0.072% | +0.017 pp | -0.033 pp | -14.5% | Yes |
| Tyler Technologies → TYL | United States | $15.2bn | 0.025% | +0.003 pp | -0.025 pp | -33.9% | Yes |
| PTC Inc. → PTC | United States | $16.9bn | 0.028% | +0.000 pp | -0.025 pp | -27.1% | Yes |
| Trimble Inc. → TRMB | United States | $14.0bn | 0.023% | +0.000 pp | -0.017 pp | -25.8% | 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.