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%+7.83 pp Financials16.1%+6.61 pp Health Care16.1%+6.02 pp Industrials13.5%+5.47 pp Consumer Staples9.2%+4.37 pp Communication Services5.3%+3.38 pp Materials3.3%+2.18 pp Utilities4.0%+2.09 pp Real Estate3.9%+2.04 pp Energy3.6%+0.96 pp Consumer Discretionary7.1%-40.93 pp

2 · Industry

Inside Utilities

Electric Utilities2.21%+1.18 pp Multi-Utilities1.45%+0.73 pp Gas Utilities0.07%+0.07 pp Water Utilities0.12%+0.07 pp Independent Power Producers & Energy Traders0.11%+0.05 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.45%+0.801 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.45%

Industry change · 12M

+0.73 pp

Multi-Utilities · contribution

+0.801 pp

Company participation

91%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$65.1bn	0.346%	+0.011 pp	+0.199 pp	+20.9%	Yes
Xcel Energy → XEL	United States	$33.4bn	0.178%	+0.012 pp	+0.101 pp	+41.4%	Yes
Consolidated Edison → ED	United States	$31.4bn	0.167%	+0.012 pp	+0.091 pp	+28.5%	Yes
NextEra Energy → NEE	United States	$27.9bn	0.148%	+0.016 pp	+0.085 pp	+42.5%	Yes
Sempra → SRE	United States	$20.3bn	0.108%	+0.006 pp	+0.058 pp	+33.7%	Yes
DTE Energy → DTE	United States	$20.7bn	0.110%	+0.003 pp	+0.056 pp	+25.6%	Yes
Ameren → AEE	United States	$19.7bn	0.105%	+0.005 pp	+0.055 pp	+29.9%	Yes
CMS Energy → CMS	United States	$18.1bn	0.096%	+0.008 pp	+0.052 pp	+34.3%	Yes
CenterPoint Energy → CNP	United States	$15.2bn	0.081%	+0.003 pp	+0.042 pp	+13.5%	Yes
NiSource → NI	United States	$11.2bn	0.059%	+0.001 pp	+0.031 pp	+23.6%	Yes
Pinnacle West Capital → PNW	United States	$10.9bn	0.058%	+0.001 pp	+0.030 pp	+26.7%	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.