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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Semiconductors18.63%+3.92 ppApplication Software1.82%-1.73 ppTechnology Hardware, Storage & Peripherals9.60%+1.63 ppSemiconductor Materials & Equipment1.95%+1.21 ppCommunications Equipment1.54%+0.44 ppSystems Software7.87%-0.41 ppIT Consulting & Other Services0.61%-0.34 ppElectronic Components0.49%+0.20 ppElectronic Manufacturing Services0.22%+0.04 ppInternet Services & Infrastructure0.09%-0.02 ppTechnology Distributors0.03%-0.01 ppElectronic Equipment & Instruments0.24%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
1.82%
Industry change · 12M
-1.73 pp
Application Software · contribution
-1.726 pp
Company participation
33%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 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 | $415.2bn | 0.697% | -0.036 pp | -0.902 pp | -50.6% | No |
| Intuit → INTU | United States | $73.7bn | 0.124% | -0.000 pp | -0.257 pp | -59.2% | No |
| Adobe Inc. → ADBE | United States | $93.4bn | 0.157% | +0.015 pp | -0.139 pp | -32.0% | No |
| Salesforce → CRM | United States | $188.9bn | 0.317% | +0.094 pp | -0.134 pp | -2.3% | Yes |
| Autodesk → ADSK | United States | $43.7bn | 0.073% | +0.002 pp | -0.062 pp | -34.2% | No |
| Fair Isaac → FICO | United States | $12.8bn | 0.021% | -0.027 pp | -0.050 pp | -60.4% | No |
| Synopsys → SNPS | United States | $83.4bn | 0.140% | -0.008 pp | -0.043 pp | -11.8% | No |
| Cadence Design Systems → CDNS | United States | $91.1bn | 0.153% | -0.027 pp | -0.039 pp | -6.0% | No |
| Workday, Inc. → WDAY | United States | $41.9bn | 0.070% | +0.024 pp | -0.036 pp | -20.9% | Yes |
| Tyler Technologies → TYL | United States | $13.0bn | 0.022% | +0.000 pp | -0.023 pp | -39.1% | No |
| PTC Inc. → PTC | United States | $15.2bn | 0.026% | +0.003 pp | -0.023 pp | -30.9% | Yes |
| Trimble Inc. → TRMB | United States | $13.3bn | 0.022% | +0.002 pp | -0.017 pp | -30.1% | 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.