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 Technology18.4%+8.88 pp Financials16.5%+7.33 pp Health Care17.0%+6.61 pp Industrials13.2%+6.00 pp Consumer Staples8.7%+3.60 pp Communication Services5.3%+3.24 pp Materials3.2%+1.83 pp Utilities3.7%+1.55 pp Real Estate3.5%+1.53 pp Energy3.5%+1.16 pp Consumer Discretionary7.0%-41.73 pp

2 · Industry

Inside Utilities

Electric Utilities2.05%+0.85 pp Multi-Utilities1.34%+0.54 pp Gas Utilities0.07%+0.07 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%+0.587 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.34%

Industry change · 12M

+0.54 pp

Multi-Utilities · contribution

+0.587 pp

Company participation

18%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 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	$68.2bn	0.334%	-0.011 pp	+0.167 pp	+21.5%	No
Xcel Energy → XEL	United States	$33.3bn	0.163%	-0.014 pp	+0.073 pp	+32.4%	No
NextEra Energy → NEE	United States	$29.6bn	0.145%	-0.003 pp	+0.071 pp	+42.7%	Yes
Consolidated Edison → ED	United States	$30.1bn	0.148%	-0.019 pp	+0.062 pp	+22.5%	No
Sempra → SRE	United States	$21.4bn	0.105%	-0.003 pp	+0.052 pp	+44.0%	Yes
DTE Energy → DTE	United States	$20.3bn	0.099%	-0.011 pp	+0.038 pp	+21.4%	No
CMS Energy → CMS	United States	$17.8bn	0.088%	-0.009 pp	+0.037 pp	+30.0%	No
Ameren → AEE	United States	$18.9bn	0.093%	-0.012 pp	+0.036 pp	+20.8%	No
NiSource → NI	United States	$10.4bn	0.051%	-0.008 pp	+0.018 pp	+13.0%	No
CenterPoint Energy → CNP	United States	$13.7bn	0.067%	-0.013 pp	+0.017 pp	+0.6%	No
Pinnacle West Capital → PNW	United States	$10.1bn	0.050%	-0.008 pp	+0.015 pp	+9.1%	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.