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›Utilities›Multi-Utilities›Multi-Utilities

1 · Sector

Weight and 12M allocation change

Information Technology17.1%+1.04 pp Utilities3.4%+0.20 pp Real Estate3.4%+0.14 pp Materials2.1%-0.03 pp Consumer Discretionary7.0%-0.06 pp Energy4.6%-0.08 pp Communication Services3.4%-0.08 pp Health Care16.6%-0.13 pp Consumer Staples9.1%-0.27 pp Financials18.1%-0.33 pp Industrials15.2%-0.39 pp

2 · Industry

Inside Utilities

Electric Utilities1.82%+0.11 pp Multi-Utilities1.34%+0.07 pp Independent Power Producers & Energy Traders0.11%+0.02 pp Water Utilities0.09%+0.01 pp Gas Utilities0.00%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.34%+0.068 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.34%

Industry change · 12M

+0.07 pp

Multi-Utilities · contribution

+0.068 pp

Company participation

92%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 2018 · 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
PG&E Corporation → PCG	United States	$22.6bn	0.139%	+0.014 pp	+0.014 pp	+3.5%	Yes
NextEra Energy → NEE	United States	$19.2bn	0.118%	+0.012 pp	+0.012 pp	+3.8%	Yes
Dominion Energy → D	United States	$43.9bn	0.270%	-0.011 pp	-0.011 pp	-10.8%	No
Sempra → SRE	United States	$14.2bn	0.087%	+0.010 pp	+0.010 pp	+4.8%	Yes
Xcel Energy → XEL	United States	$23.1bn	0.142%	+0.010 pp	+0.010 pp	+0.5%	Yes
Consolidated Edison → ED	United States	$24.2bn	0.148%	+0.006 pp	+0.006 pp	-2.1%	Yes
CMS Energy → CMS	United States	$12.1bn	0.074%	+0.006 pp	+0.006 pp	+2.1%	Yes
Ameren → AEE	United States	$13.7bn	0.084%	+0.006 pp	+0.006 pp	+0.8%	Yes
DTE Energy → DTE	United States	$15.9bn	0.098%	+0.006 pp	+0.006 pp	-0.3%	Yes
Pinnacle West Capital → PNW	United States	$8.9bn	0.055%	+0.004 pp	+0.004 pp	-0.2%	Yes
CenterPoint Energy → CNP	United States	$11.8bn	0.072%	+0.003 pp	+0.003 pp	-1.7%	Yes
NiSource → NI	United States	$8.1bn	0.049%	+0.002 pp	+0.002 pp	-2.3%	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.