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 Discretionary49.1%+41.99 pp Materials1.4%-0.75 pp Utilities2.0%-1.14 pp Real Estate2.0%-1.19 pp Communication Services2.0%-1.50 pp Energy2.4%-2.25 pp Consumer Staples5.0%-4.42 pp Information Technology9.4%-6.70 pp Health Care9.9%-6.83 pp Industrials7.6%-7.95 pp Financials9.2%-9.26 pp

2 · Industry

Inside Utilities

Electric Utilities1.16%-0.55 pp Multi-Utilities0.72%-0.54 pp Water Utilities0.06%-0.03 pp Independent Power Producers & Energy Traders0.07%-0.02 pp Gas Utilities0.00%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities0.72%-0.419 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

0.72%

Industry change · 12M

-0.54 pp

Multi-Utilities · contribution

-0.419 pp

Company participation

82%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2019 · 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	$46.0bn	0.152%	-0.007 pp	-0.129 pp	-3.7%	No
Consolidated Edison → ED	United States	$24.2bn	0.080%	-0.000 pp	-0.062 pp	+0.2%	No
Xcel Energy → XEL	United States	$26.9bn	0.089%	+0.003 pp	-0.043 pp	+18.6%	Yes
NextEra Energy → NEE	United States	$21.4bn	0.071%	+0.001 pp	-0.036 pp	+16.0%	Yes
DTE Energy → DTE	United States	$18.2bn	0.060%	+0.001 pp	-0.032 pp	+15.3%	Yes
Sempra → SRE	United States	$16.0bn	0.053%	+0.002 pp	-0.024 pp	+12.9%	Yes
Ameren → AEE	United States	$16.9bn	0.056%	+0.002 pp	-0.023 pp	+26.2%	Yes
CMS Energy → CMS	United States	$14.8bn	0.049%	+0.001 pp	-0.019 pp	+21.1%	Yes
Pinnacle West Capital → PNW	United States	$9.9bn	0.033%	+0.001 pp	-0.018 pp	+14.1%	Yes
CenterPoint Energy → CNP	United States	$15.5bn	0.051%	+0.012 pp	-0.018 pp	+14.3%	Yes
NiSource → NI	United States	$9.9bn	0.033%	+0.001 pp	-0.015 pp	+14.1%	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.