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

Health Care18.1%+1.27 pp Utilities3.8%+0.64 pp Information Technology17.5%+0.52 pp Real Estate3.7%+0.46 pp Materials2.5%+0.41 pp Communication Services3.6%+0.24 pp Consumer Discretionary7.1%+0.12 pp Energy4.3%-0.09 pp Consumer Staples8.8%-0.25 pp Industrials14.2%-1.17 pp Financials16.5%-2.16 pp

2 · Industry

Inside Utilities

Electric Utilities2.11%+0.40 pp Multi-Utilities1.39%+0.11 pp Gas Utilities0.07%+0.07 pp Independent Power Producers & Energy Traders0.13%+0.04 pp Water Utilities0.11%+0.02 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.39%+0.236 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.39%

Industry change · 12M

+0.11 pp

Multi-Utilities · contribution

+0.236 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 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	$59.2bn	0.343%	+0.181 pp	+0.054 pp	+6.2%	Yes
Xcel Energy → XEL	United States	$28.2bn	0.164%	+0.074 pp	+0.032 pp	+31.0%	Yes
NextEra Energy → NEE	United States	$22.4bn	0.130%	+0.058 pp	+0.023 pp	+26.7%	Yes
Ameren → AEE	United States	$17.4bn	0.101%	+0.045 pp	+0.022 pp	+35.2%	Yes
CMS Energy → CMS	United States	$15.4bn	0.089%	+0.040 pp	+0.021 pp	+32.0%	Yes
DTE Energy → DTE	United States	$19.1bn	0.111%	+0.049 pp	+0.019 pp	+26.8%	Yes
CenterPoint Energy → CNP	United States	$15.1bn	0.088%	+0.041 pp	+0.018 pp	+16.0%	Yes
Consolidated Edison → ED	United States	$26.5bn	0.153%	+0.070 pp	+0.014 pp	+14.2%	Yes
Sempra → SRE	United States	$16.5bn	0.096%	+0.043 pp	+0.012 pp	+14.1%	Yes
NiSource → NI	United States	$10.0bn	0.058%	+0.026 pp	+0.011 pp	+20.3%	Yes
Pinnacle West Capital → PNW	United States	$10.5bn	0.061%	+0.028 pp	+0.009 pp	+26.1%	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.