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 Care17.9%+1.29 pp Information Technology17.9%+0.79 pp Utilities3.9%+0.52 pp Materials2.5%+0.42 pp Real Estate3.8%+0.41 pp Communication Services3.6%+0.24 pp Consumer Discretionary7.2%+0.13 pp Consumer Staples9.1%-0.01 pp Energy4.4%-0.26 pp Industrials13.8%-1.36 pp Financials16.0%-2.17 pp

2 · Industry

Inside Utilities

Electric Utilities2.14%+0.32 pp Multi-Utilities1.42%+0.09 pp Gas Utilities0.07%+0.07 pp Independent Power Producers & Energy Traders0.14%+0.03 pp Water Utilities0.11%+0.02 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.42%+0.225 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.42%

Industry change · 12M

+0.09 pp

Multi-Utilities · contribution

+0.225 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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	$61.3bn	0.352%	+0.185 pp	+0.082 pp	+19.3%	Yes
Xcel Energy → XEL	United States	$28.9bn	0.166%	+0.076 pp	+0.024 pp	+27.6%	Yes
Ameren → AEE	United States	$18.0bn	0.103%	+0.046 pp	+0.019 pp	+33.6%	Yes
CMS Energy → CMS	United States	$15.7bn	0.090%	+0.040 pp	+0.016 pp	+26.4%	Yes
CenterPoint Energy → CNP	United States	$15.4bn	0.088%	+0.038 pp	+0.016 pp	+16.6%	Yes
NextEra Energy → NEE	United States	$23.1bn	0.133%	+0.059 pp	+0.015 pp	+21.5%	Yes
DTE Energy → DTE	United States	$19.3bn	0.111%	+0.050 pp	+0.013 pp	+23.4%	Yes
Sempra → SRE	United States	$17.2bn	0.099%	+0.046 pp	+0.012 pp	+16.8%	Yes
NiSource → NI	United States	$10.7bn	0.061%	+0.028 pp	+0.012 pp	+23.6%	Yes
Consolidated Edison → ED	United States	$27.2bn	0.156%	+0.071 pp	+0.008 pp	+12.9%	Yes
Pinnacle West Capital → PNW	United States	$10.7bn	0.062%	+0.027 pp	+0.007 pp	+24.0%	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.