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

Consumer Discretionary47.4%+40.34 pp Materials1.1%-1.02 pp Utilities1.9%-1.24 pp Real Estate1.9%-1.31 pp Communication Services1.9%-1.52 pp Energy2.7%-2.03 pp Consumer Staples4.8%-4.53 pp Information Technology10.1%-5.91 pp Health Care9.9%-6.82 pp Industrials8.2%-7.41 pp Financials9.9%-8.55 pp

2 · Industry

Inside Utilities

Electric Utilities1.05%-0.66 pp Multi-Utilities0.75%-0.52 pp Water Utilities0.05%-0.03 pp Independent Power Producers & Energy Traders0.06%-0.03 pp Gas Utilities0.00%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities0.75%-0.519 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

0.75%

Industry change · 12M

-0.52 pp

Multi-Utilities · contribution

-0.519 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$46.3bn	0.149%	-0.105 pp	-0.131 pp	-5.1%	No
Consolidated Edison → ED	United States	$24.6bn	0.079%	-0.065 pp	-0.063 pp	+1.0%	No
Xcel Energy → XEL	United States	$24.5bn	0.079%	-0.062 pp	-0.053 pp	+7.2%	No
PG&E Corporation → PCG	United States	$23.9bn	0.077%	-0.059 pp	-0.047 pp	+8.8%	No
NextEra Energy → NEE	United States	$20.1bn	0.065%	-0.054 pp	-0.042 pp	+9.6%	No
DTE Energy → DTE	United States	$17.2bn	0.055%	-0.040 pp	-0.036 pp	+7.1%	No
CenterPoint Energy → CNP	United States	$12.0bn	0.039%	-0.030 pp	-0.031 pp	+1.7%	No
Ameren → AEE	United States	$15.4bn	0.050%	-0.038 pp	-0.029 pp	+13.5%	No
Sempra → SRE	United States	$15.9bn	0.051%	-0.034 pp	-0.025 pp	+10.2%	No
CMS Energy → CMS	United States	$13.9bn	0.045%	-0.030 pp	-0.023 pp	+12.7%	No
Pinnacle West Capital → PNW	United States	$8.8bn	0.028%	-0.026 pp	-0.023 pp	-0.0%	No
NiSource → NI	United States	$9.8bn	0.032%	-0.020 pp	-0.016 pp	+12.4%	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.