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 Technology17.6%+1.59 pp Energy5.1%+0.44 pp Utilities3.3%+0.18 pp Real Estate3.4%+0.15 pp Consumer Discretionary7.1%+0.03 pp Materials2.1%-0.02 pp Health Care16.6%-0.10 pp Communication Services3.2%-0.30 pp Industrials15.2%-0.43 pp Financials18.0%-0.50 pp Consumer Staples8.4%-1.02 pp

2 · Industry

Inside Utilities

Electric Utilities1.81%+0.10 pp Multi-Utilities1.31%+0.04 pp Independent Power Producers & Energy Traders0.12%+0.03 pp Water Utilities0.09%+0.01 pp Gas Utilities0.00%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.31%+0.043 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.31%

Industry change · 12M

+0.04 pp

Multi-Utilities · contribution

+0.043 pp

Company participation

75%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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
Dominion Energy → D	United States	$41.9bn	0.254%	-0.035 pp	-0.026 pp	-14.0%	No
NextEra Energy → NEE	United States	$19.5bn	0.119%	+0.011 pp	+0.012 pp	+5.4%	Yes
PG&E Corporation → PCG	United States	$22.4bn	0.136%	+0.009 pp	+0.011 pp	+2.1%	Yes
Ameren → AEE	United States	$14.4bn	0.088%	+0.009 pp	+0.009 pp	+5.4%	Yes
Sempra → SRE	United States	$14.1bn	0.085%	+0.002 pp	+0.009 pp	+0.4%	Yes
Xcel Energy → XEL	United States	$23.2bn	0.141%	+0.009 pp	+0.008 pp	+0.6%	Yes
CMS Energy → CMS	United States	$12.3bn	0.075%	+0.007 pp	+0.007 pp	+4.8%	Yes
NiSource → NI	United States	$8.5bn	0.052%	+0.005 pp	+0.004 pp	+4.2%	Yes
DTE Energy → DTE	United States	$15.8bn	0.096%	+0.004 pp	+0.004 pp	-2.2%	Yes
Pinnacle West Capital → PNW	United States	$8.9bn	0.054%	+0.003 pp	+0.003 pp	+0.4%	Yes
Consolidated Edison → ED	United States	$23.8bn	0.145%	+0.005 pp	+0.003 pp	-2.7%	No
CenterPoint Energy → CNP	United States	$11.3bn	0.068%	-0.001 pp	-0.001 pp	-5.3%	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.