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 Technology17.3%+1.25 pp Health Care17.2%+0.52 pp Energy5.0%+0.34 pp Utilities3.4%+0.20 pp Real Estate3.4%+0.18 pp Materials2.0%-0.09 pp Communication Services3.2%-0.22 pp Consumer Discretionary6.9%-0.22 pp Consumer Staples8.8%-0.59 pp Financials17.8%-0.67 pp Industrials14.9%-0.68 pp

2 · Industry

Inside Utilities

Electric Utilities1.83%+0.11 pp Multi-Utilities1.33%+0.06 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-Utilities1.33%+0.063 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.33%

Industry change · 12M

+0.06 pp

Multi-Utilities · contribution

+0.063 pp

Company participation

58%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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	0.089%	+0.001 pp	+0.012 pp	+9.7%	Yes
CMS Energy → CMS	United States	$13.7bn	0.080%	+0.002 pp	+0.012 pp	+9.8%	Yes
Ameren → AEE	United States	$15.1bn	0.088%	+0.001 pp	+0.010 pp	+11.4%	Yes
NextEra Energy → NEE	United States	$19.8bn	0.115%	-0.003 pp	+0.009 pp	+7.2%	No
Dominion Energy → D	United States	$46.8bn	0.273%	+0.006 pp	-0.008 pp	-3.9%	Yes
Xcel Energy → XEL	United States	$23.9bn	0.139%	-0.007 pp	+0.007 pp	+4.5%	No
DTE Energy → DTE	United States	$16.8bn	0.098%	-0.002 pp	+0.006 pp	+4.6%	Yes
PG&E Corporation → PCG	United States	$22.3bn	0.130%	-0.016 pp	+0.005 pp	+1.5%	No
NiSource → NI	United States	$8.8bn	0.052%	+0.001 pp	+0.004 pp	+8.7%	Yes
CenterPoint Energy → CNP	United States	$12.3bn	0.072%	+0.005 pp	+0.002 pp	+3.2%	Yes
Pinnacle West Capital → PNW	United States	$9.0bn	0.053%	-0.003 pp	+0.002 pp	+2.4%	No
Consolidated Edison → ED	United States	$24.5bn	0.143%	-0.010 pp	+0.001 pp	+0.1%	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.