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 Technology17.4%+1.34 pp Energy5.1%+0.43 pp Real Estate3.5%+0.28 pp Utilities3.4%+0.26 pp Health Care16.9%+0.12 pp Consumer Discretionary7.0%-0.03 pp Materials2.1%-0.04 pp Communication Services3.3%-0.15 pp Consumer Staples8.8%-0.60 pp Financials17.7%-0.75 pp Industrials14.7%-0.86 pp

2 · Industry

Inside Utilities

Electric Utilities1.86%+0.15 pp Multi-Utilities1.35%+0.08 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-Utilities1.35%+0.080 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.35%

Industry change · 12M

+0.08 pp

Multi-Utilities · contribution

+0.080 pp

Company participation

83%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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
Sempra → SRE	United States	$15.3bn	0.093%	+0.006 pp	+0.016 pp	+10.2%	Yes
NextEra Energy → NEE	United States	$19.7bn	0.119%	+0.001 pp	+0.013 pp	+6.9%	Yes
Ameren → AEE	United States	$14.8bn	0.090%	+0.006 pp	+0.012 pp	+9.3%	Yes
Dominion Energy → D	United States	$44.5bn	0.270%	+0.000 pp	-0.011 pp	-8.6%	No
PG&E Corporation → PCG	United States	$22.0bn	0.133%	-0.005 pp	+0.009 pp	+0.3%	No
Xcel Energy → XEL	United States	$23.2bn	0.141%	-0.001 pp	+0.009 pp	+1.9%	Yes
CMS Energy → CMS	United States	$12.6bn	0.077%	+0.002 pp	+0.008 pp	+7.4%	Yes
NiSource → NI	United States	$8.9bn	0.054%	+0.004 pp	+0.006 pp	+8.3%	Yes
DTE Energy → DTE	United States	$16.0bn	0.097%	-0.001 pp	+0.005 pp	-0.1%	Yes
Consolidated Edison → ED	United States	$24.2bn	0.147%	-0.001 pp	+0.005 pp	-1.1%	Yes
Pinnacle West Capital → PNW	United States	$9.0bn	0.055%	-0.000 pp	+0.004 pp	+1.6%	Yes
CenterPoint Energy → CNP	United States	$12.0bn	0.073%	+0.000 pp	+0.003 pp	+0.4%	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.