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 Technology17.0%+0.98 pp Energy5.1%+0.38 pp Utilities3.4%+0.28 pp Real Estate3.4%+0.12 pp Health Care16.8%+0.09 pp Consumer Discretionary7.1%+0.05 pp Materials2.1%-0.04 pp Communication Services3.3%-0.22 pp Financials18.2%-0.27 pp Industrials15.0%-0.59 pp Consumer Staples8.6%-0.79 pp

2 · Industry

Inside Utilities

Electric Utilities1.88%+0.16 pp Multi-Utilities1.36%+0.09 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-Utilities1.36%+0.087 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.36%

Industry change · 12M

+0.09 pp

Multi-Utilities · contribution

+0.087 pp

Company participation

83%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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	$23.7bn	0.146%	+0.021 pp	+0.021 pp	+8.6%	Yes
Xcel Energy → XEL	United States	$23.8bn	0.146%	+0.014 pp	+0.014 pp	+3.5%	Yes
Dominion Energy → D	United States	$43.4bn	0.266%	-0.014 pp	-0.014 pp	-11.9%	No
NextEra Energy → NEE	United States	$19.3bn	0.119%	+0.012 pp	+0.012 pp	+4.2%	Yes
Sempra → SRE	United States	$14.3bn	0.088%	+0.011 pp	+0.011 pp	+5.3%	Yes
Consolidated Edison → ED	United States	$24.9bn	0.153%	+0.011 pp	+0.011 pp	+0.6%	Yes
CMS Energy → CMS	United States	$12.6bn	0.077%	+0.009 pp	+0.009 pp	+6.3%	Yes
Ameren → AEE	United States	$14.2bn	0.087%	+0.009 pp	+0.009 pp	+4.4%	Yes
DTE Energy → DTE	United States	$16.3bn	0.100%	+0.008 pp	+0.008 pp	+0.6%	Yes
Pinnacle West Capital → PNW	United States	$9.0bn	0.055%	+0.004 pp	+0.004 pp	+1.6%	Yes
NiSource → NI	United States	$8.2bn	0.051%	+0.003 pp	+0.003 pp	+0.5%	Yes
CenterPoint Energy → CNP	United States	$10.9bn	0.067%	-0.002 pp	-0.002 pp	-9.2%	No

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.