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 Technology18.1%+8.41 pp Financials16.5%+6.93 pp Health Care16.8%+6.27 pp Industrials13.7%+6.24 pp Consumer Staples8.8%+3.60 pp Communication Services5.3%+3.22 pp Materials3.2%+1.80 pp Utilities3.7%+1.59 pp Real Estate3.6%+1.58 pp Energy3.4%+1.00 pp Consumer Discretionary7.0%-40.65 pp

2 · Industry

Inside Utilities

Electric Utilities2.03%+0.88 pp Multi-Utilities1.34%+0.56 pp Gas Utilities0.06%+0.06 pp Water Utilities0.11%+0.05 pp Independent Power Producers & Energy Traders0.11%+0.04 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.34%+0.603 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.34%

Industry change · 12M

+0.56 pp

Multi-Utilities · contribution

+0.603 pp

Company participation

27%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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	$68.4bn	0.345%	+0.005 pp	+0.182 pp	+16.9%	Yes
Xcel Energy → XEL	United States	$32.2bn	0.162%	-0.017 pp	+0.073 pp	+20.6%	No
NextEra Energy → NEE	United States	$28.6bn	0.144%	+0.001 pp	+0.072 pp	+31.8%	Yes
Consolidated Edison → ED	United States	$28.9bn	0.146%	-0.015 pp	+0.062 pp	+12.0%	No
Sempra → SRE	United States	$20.8bn	0.105%	-0.001 pp	+0.052 pp	+31.7%	Yes
CMS Energy → CMS	United States	$17.4bn	0.088%	-0.010 pp	+0.039 pp	+20.9%	No
DTE Energy → DTE	United States	$19.5bn	0.098%	-0.012 pp	+0.037 pp	+7.5%	No
Ameren → AEE	United States	$18.3bn	0.092%	-0.011 pp	+0.036 pp	+11.2%	No
NiSource → NI	United States	$9.9bn	0.050%	-0.010 pp	+0.018 pp	+3.0%	No
Pinnacle West Capital → PNW	United States	$9.8bn	0.049%	-0.009 pp	+0.016 pp	+1.0%	No
CenterPoint Energy → CNP	United States	$12.3bn	0.062%	-0.013 pp	+0.016 pp	-8.7%	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.