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 Technology17.9%+7.76 pp Health Care16.6%+6.64 pp Financials15.9%+6.02 pp Industrials13.4%+5.24 pp Consumer Staples9.3%+4.44 pp Communication Services5.4%+3.44 pp Real Estate4.0%+2.04 pp Utilities3.9%+2.00 pp Materials2.9%+1.73 pp Energy3.6%+0.89 pp Consumer Discretionary7.2%-40.20 pp

2 · Industry

Inside Utilities

Electric Utilities2.18%+1.13 pp Multi-Utilities1.43%+0.68 pp Water Utilities0.13%+0.07 pp Gas Utilities0.07%+0.07 pp Independent Power Producers & Energy Traders0.11%+0.04 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.43%+0.760 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.43%

Industry change · 12M

+0.68 pp

Multi-Utilities · contribution

+0.760 pp

Company participation

73%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$62.4bn	0.339%	-0.012 pp	+0.190 pp	+15.0%	No
Xcel Energy → XEL	United States	$33.1bn	0.180%	+0.008 pp	+0.101 pp	+37.7%	Yes
Consolidated Edison → ED	United States	$29.5bn	0.161%	-0.004 pp	+0.081 pp	+16.7%	Yes
NextEra Energy → NEE	United States	$26.2bn	0.143%	+0.004 pp	+0.078 pp	+32.0%	Yes
DTE Energy → DTE	United States	$20.2bn	0.110%	-0.004 pp	+0.055 pp	+20.3%	Yes
Sempra → SRE	United States	$19.4bn	0.106%	+0.001 pp	+0.055 pp	+25.8%	Yes
Ameren → AEE	United States	$19.0bn	0.103%	-0.002 pp	+0.053 pp	+25.3%	Yes
CMS Energy → CMS	United States	$17.9bn	0.097%	+0.005 pp	+0.052 pp	+31.7%	Yes
CenterPoint Energy → CNP	United States	$13.9bn	0.076%	-0.008 pp	+0.037 pp	+3.6%	No
Pinnacle West Capital → PNW	United States	$10.7bn	0.058%	-0.003 pp	+0.030 pp	+25.4%	No
NiSource → NI	United States	$11.0bn	0.060%	-0.001 pp	+0.028 pp	+12.4%	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.