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
Latest available · not live
20182026
Universe›Health Care›Health Care Technology›Health Care Technology

1 · Sector

Weight and 12M allocation change

Information Technology43.1%+4.93 ppEnergy3.8%+1.55 ppHealth Care10.6%+0.26 ppMaterials1.9%-0.22 ppCommunication Services2.1%-0.27 ppReal Estate1.8%-0.35 ppIndustrials9.1%-0.58 ppUtilities2.1%-0.61 ppConsumer Staples5.4%-0.78 ppConsumer Discretionary10.3%-1.78 ppFinancials9.7%-2.16 pp

2 · Industry

Inside Health Care

Health Care Equipment1.52%-0.74 ppPharmaceuticals4.07%+0.69 ppBiotechnology2.04%+0.24 ppLife Sciences Tools & Services1.07%+0.17 ppHealth Care Technology0.10%+0.08 ppHealth Care Services0.41%-0.05 ppManaged Health Care0.82%-0.05 ppHealth Care Facilities0.16%-0.04 ppHealth Care Distributors0.37%-0.04 ppHealth Care Supplies0.08%-0.00 pp

3 · Sub-industry

Inside Health Care Technology

Health Care Technology0.10%+0.078 pp
Concentrated

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

View all contributions →
Health Care Technology · weight
0.10%
Industry change · 12M
+0.08 pp
Health Care Technology · contribution
+0.078 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 2026 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Veeva Systems →
VEEV
United States$46.2bn0.078%+0.028 pp+0.078 pp-4.2%Yes
Solventum →
SOLV
United States$15.0bn0.025%+0.002 pp-0.000 pp+20.8%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.