Observatory · observe first

The market allocation map

See where market weight sits at a moment in time—or compare how the structure changed between two dates.

Historical time machine
Historical observation
20182026

One view. One dimension.

Choose the evidence you want to see. No composite score.

Displaying
12M weight change
Dec 2018Dec 2020Dec 2022Dec 2024Latest available
Change in matched-member weight over twelve monthsRose → negative · slate → unchanged · teal → positive · fixed colour scale

Information Technology

17.9% of market
Technology Hardware, Storage & Peripherals
+0.58 pp
IT Consulting & Other Services
+0.60 pp
Application Software
+1.30 pp
Semiconductors
+1.32 pp
Internet Services & Infrastructure
+0.10 pp
Semiconductor Materials & Equipment
+0.14 pp
Electronic Components
+0.03 pp
Communications Equipment
+0.50 pp
Systems Software
+2.89 pp
Electronic Equipment & Instruments
+0.20 pp
Electronic Manufacturing Services
+0.07 pp
Technology Distributors
+0.09 pp

Financials

16.1% of market
Life & Health Insurance
+0.29 pp
Multi-line Insurance
+0.16 pp
Insurance Brokers
+0.30 pp
Property & Casualty Insurance
+0.60 pp
Asset Management & Custody Banks
+0.25 pp
Consumer Finance
+0.36 pp
Diversified Banks
+2.34 pp
Multi-Sector Holdings
+0.00 pp
Financial Exchanges & Data
+0.53 pp
Regional Banks
+0.18 pp
Transaction & Payment Processing Services
+1.23 pp
Reinsurance
+0.03 pp
Investment Banking & Brokerage
+0.33 pp

Health Care

16.1% of market
Life Sciences Tools & Services
+0.84 pp
Biotechnology
+0.57 pp
Health Care Equipment
+1.56 pp
Health Care Supplies
-0.01 pp
Pharmaceuticals
+1.87 pp
Health Care Distributors
+0.12 pp
Health Care Services
+0.55 pp
Managed Health Care
+0.46 pp
Health Care Facilities
+0.06 pp
Health Care Technology
0.00 pp

Industrials

13.5% of market
Human Resource & Employment Services
+0.24 pp
Building Products
+0.20 pp
Electrical Components & Equipment
+0.21 pp
Aerospace & Defense
+2.00 pp
Construction Machinery & Heavy Transportation Equipment
+0.26 pp
Air Freight & Logistics
+0.23 pp
Rail Transportation
+0.34 pp
Diversified Support Services
+0.10 pp
Passenger Airlines
+0.16 pp
Agricultural & Farm Machinery
+0.13 pp
Industrial Machinery & Supplies & Components
+0.40 pp
Research & Consulting Services
+0.11 pp
Trading Companies & Distributors
+0.04 pp
Industrial Conglomerates
+0.71 pp
Construction & Engineering
+0.04 pp
Cargo Ground Transportation
+0.02 pp
Environmental & Facilities Services
+0.25 pp
Data Processing & Outsourced Services
+0.03 pp
Heavy Electrical Equipment
0.00 pp
Passenger Ground Transportation
0.00 pp

Consumer Staples

9.2% of market
Agricultural Products & Services
+0.03 pp
Household Products
+0.38 pp
Consumer Staples Merchandise Retail
+1.00 pp
Packaged Foods & Meats
+0.43 pp
Soft Drinks & Non-alcoholic Beverages
+1.14 pp
Food Retail
+0.04 pp
Tobacco
+0.27 pp
Personal Care Products
+0.99 pp
Food Distributors
+0.10 pp

Communication Services

5.3% of market
Cable & Satellite
+0.56 pp
Movies & Entertainment
+1.26 pp
Broadcasting
+0.00 pp
Advertising
+0.04 pp
Integrated Telecommunication Services
+1.15 pp
Interactive Home Entertainment
+0.03 pp
Wireless Telecommunication Services
+0.36 pp

Materials

3.3% of market
Specialty Chemicals
+0.34 pp
Industrial Gases
+0.70 pp
Paper & Plastic Packaging Products & Materials
+0.48 pp
Metal, Glass & Plastic Containers
+0.08 pp
Fertilizers & Agricultural Chemicals
+0.13 pp
Copper
+0.01 pp
Construction Materials
+0.11 pp
Gold
+0.11 pp
Steel
+0.02 pp
Commodity Chemicals
+0.19 pp

Utilities

4.0% of market
Multi-Utilities
+0.73 pp
Electric Utilities
+1.18 pp
Independent Power Producers & Energy Traders
+0.05 pp
Water Utilities
+0.07 pp
Gas Utilities
+0.07 pp

Real Estate

3.9% of market
Telecom Tower REITs
+0.56 pp
Office REITs
+0.10 pp
Real Estate Services
+0.05 pp
Data Center REITs
+0.22 pp
Health Care REITs
+0.26 pp
Multi-Family Residential REITs
+0.24 pp
Self-Storage REITs
+0.16 pp
Retail REITs
+0.23 pp
Hotel & Resort REITs
+0.02 pp
Other Specialized REITs
+0.02 pp
Industrial REITs
+0.17 pp
Timber REITs
+0.03 pp
Single-Family Residential REITs
0.00 pp

Energy

3.6% of market
Oil & Gas Exploration & Production
+0.06 pp
Oil & Gas Equipment & Services
-0.04 pp
Integrated Oil & Gas
+0.45 pp
Oil & Gas Storage & Transportation
+0.28 pp
Oil & Gas Refining & Marketing
+0.21 pp

Consumer Discretionary

7.1% of market
Broadline Retail
+0.14 pp
Automotive Parts & Equipment
+0.05 pp
Automotive Retail
+0.08 pp
Computer & Electronics Retail
+0.03 pp
Hotels, Resorts & Cruise Lines
+0.21 pp
Restaurants
+0.90 pp
Homebuilding
+0.16 pp
Automobile Manufacturers
+0.20 pp
Distributors
+0.03 pp
Consumer Electronics
-44.12 pp
Leisure Products
+0.04 pp
Home Improvement Retail
+0.75 pp
Casinos & Gaming
+0.05 pp
Apparel, Accessories & Luxury Goods
+0.19 pp
Apparel Retail
+0.34 pp
Other Specialty Retail
+0.03 pp
Footwear
0.00 pp
Homefurnishing Retail
0.00 pp
Exact values for the selected metric
IndustrySector12M weight change
Technology Hardware, Storage & PeripheralsInformation Technology+0.58 pp
IT Consulting & Other ServicesInformation Technology+0.60 pp
Application SoftwareInformation Technology+1.30 pp
SemiconductorsInformation Technology+1.32 pp
Internet Services & InfrastructureInformation Technology+0.10 pp
Semiconductor Materials & EquipmentInformation Technology+0.14 pp
Electronic ComponentsInformation Technology+0.03 pp
Communications EquipmentInformation Technology+0.50 pp
Systems SoftwareInformation Technology+2.89 pp
Electronic Equipment & InstrumentsInformation Technology+0.20 pp
Electronic Manufacturing ServicesInformation Technology+0.07 pp
Technology DistributorsInformation Technology+0.09 pp
Life & Health InsuranceFinancials+0.29 pp
Multi-line InsuranceFinancials+0.16 pp
Insurance BrokersFinancials+0.30 pp
Property & Casualty InsuranceFinancials+0.60 pp
Asset Management & Custody BanksFinancials+0.25 pp
Consumer FinanceFinancials+0.36 pp
Diversified BanksFinancials+2.34 pp
Multi-Sector HoldingsFinancials+0.00 pp
Financial Exchanges & DataFinancials+0.53 pp
Regional BanksFinancials+0.18 pp
Transaction & Payment Processing ServicesFinancials+1.23 pp
ReinsuranceFinancials+0.03 pp
Investment Banking & BrokerageFinancials+0.33 pp
Life Sciences Tools & ServicesHealth Care+0.84 pp
BiotechnologyHealth Care+0.57 pp
Health Care EquipmentHealth Care+1.56 pp
Health Care SuppliesHealth Care-0.01 pp
PharmaceuticalsHealth Care+1.87 pp
Health Care DistributorsHealth Care+0.12 pp
Health Care ServicesHealth Care+0.55 pp
Managed Health CareHealth Care+0.46 pp
Health Care FacilitiesHealth Care+0.06 pp
Health Care TechnologyHealth Care0.00 pp
Human Resource & Employment ServicesIndustrials+0.24 pp
Building ProductsIndustrials+0.20 pp
Electrical Components & EquipmentIndustrials+0.21 pp
Aerospace & DefenseIndustrials+2.00 pp
Construction Machinery & Heavy Transportation EquipmentIndustrials+0.26 pp
Air Freight & LogisticsIndustrials+0.23 pp
Rail TransportationIndustrials+0.34 pp
Diversified Support ServicesIndustrials+0.10 pp
Passenger AirlinesIndustrials+0.16 pp
Agricultural & Farm MachineryIndustrials+0.13 pp
Industrial Machinery & Supplies & ComponentsIndustrials+0.40 pp
Research & Consulting ServicesIndustrials+0.11 pp
Trading Companies & DistributorsIndustrials+0.04 pp
Industrial ConglomeratesIndustrials+0.71 pp
Construction & EngineeringIndustrials+0.04 pp
Cargo Ground TransportationIndustrials+0.02 pp
Environmental & Facilities ServicesIndustrials+0.25 pp
Data Processing & Outsourced ServicesIndustrials+0.03 pp
Heavy Electrical EquipmentIndustrials0.00 pp
Passenger Ground TransportationIndustrials0.00 pp
Agricultural Products & ServicesConsumer Staples+0.03 pp
Household ProductsConsumer Staples+0.38 pp
Consumer Staples Merchandise RetailConsumer Staples+1.00 pp
Packaged Foods & MeatsConsumer Staples+0.43 pp
Soft Drinks & Non-alcoholic BeveragesConsumer Staples+1.14 pp
Food RetailConsumer Staples+0.04 pp
TobaccoConsumer Staples+0.27 pp
Personal Care ProductsConsumer Staples+0.99 pp
Food DistributorsConsumer Staples+0.10 pp
Cable & SatelliteCommunication Services+0.56 pp
Movies & EntertainmentCommunication Services+1.26 pp
BroadcastingCommunication Services+0.00 pp
AdvertisingCommunication Services+0.04 pp
Integrated Telecommunication ServicesCommunication Services+1.15 pp
Interactive Home EntertainmentCommunication Services+0.03 pp
Wireless Telecommunication ServicesCommunication Services+0.36 pp
Specialty ChemicalsMaterials+0.34 pp
Industrial GasesMaterials+0.70 pp
Paper & Plastic Packaging Products & MaterialsMaterials+0.48 pp
Metal, Glass & Plastic ContainersMaterials+0.08 pp
Fertilizers & Agricultural ChemicalsMaterials+0.13 pp
CopperMaterials+0.01 pp
Construction MaterialsMaterials+0.11 pp
GoldMaterials+0.11 pp
SteelMaterials+0.02 pp
Commodity ChemicalsMaterials+0.19 pp
Multi-UtilitiesUtilities+0.73 pp
Electric UtilitiesUtilities+1.18 pp
Independent Power Producers & Energy TradersUtilities+0.05 pp
Water UtilitiesUtilities+0.07 pp
Gas UtilitiesUtilities+0.07 pp
Telecom Tower REITsReal Estate+0.56 pp
Office REITsReal Estate+0.10 pp
Real Estate ServicesReal Estate+0.05 pp
Data Center REITsReal Estate+0.22 pp
Health Care REITsReal Estate+0.26 pp
Multi-Family Residential REITsReal Estate+0.24 pp
Self-Storage REITsReal Estate+0.16 pp
Retail REITsReal Estate+0.23 pp
Hotel & Resort REITsReal Estate+0.02 pp
Other Specialized REITsReal Estate+0.02 pp
Industrial REITsReal Estate+0.17 pp
Timber REITsReal Estate+0.03 pp
Single-Family Residential REITsReal Estate0.00 pp
Oil & Gas Exploration & ProductionEnergy+0.06 pp
Oil & Gas Equipment & ServicesEnergy-0.04 pp
Integrated Oil & GasEnergy+0.45 pp
Oil & Gas Storage & TransportationEnergy+0.28 pp
Oil & Gas Refining & MarketingEnergy+0.21 pp
Broadline RetailConsumer Discretionary+0.14 pp
Automotive Parts & EquipmentConsumer Discretionary+0.05 pp
Automotive RetailConsumer Discretionary+0.08 pp
Computer & Electronics RetailConsumer Discretionary+0.03 pp
Hotels, Resorts & Cruise LinesConsumer Discretionary+0.21 pp
RestaurantsConsumer Discretionary+0.90 pp
HomebuildingConsumer Discretionary+0.16 pp
Automobile ManufacturersConsumer Discretionary+0.20 pp
DistributorsConsumer Discretionary+0.03 pp
Consumer ElectronicsConsumer Discretionary-44.12 pp
Leisure ProductsConsumer Discretionary+0.04 pp
Home Improvement RetailConsumer Discretionary+0.75 pp
Casinos & GamingConsumer Discretionary+0.05 pp
Apparel, Accessories & Luxury GoodsConsumer Discretionary+0.19 pp
Apparel RetailConsumer Discretionary+0.34 pp
Other Specialty RetailConsumer Discretionary+0.03 pp
FootwearConsumer Discretionary0.00 pp
Homefurnishing RetailConsumer Discretionary0.00 pp

Tile colour shows only the selected metric; tile size is uniform and does not encode investment merit. Market weight is not an observed fund flow. Historical comparisons describe structural change, not which period or industry was “better.”