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 Technology19.1%+9.77 pp Financials16.2%+6.99 pp Health Care16.6%+6.66 pp Industrials13.4%+5.77 pp Consumer Staples8.8%+3.81 pp Communication Services5.2%+3.23 pp Utilities3.9%+1.91 pp Materials3.1%+1.72 pp Real Estate3.6%+1.56 pp Energy3.2%+0.74 pp Consumer Discretionary6.9%-42.15 pp

2 · Industry

Inside Utilities

Electric Utilities2.20%+1.04 pp Multi-Utilities1.43%+0.70 pp Gas Utilities0.07%+0.07 pp Water Utilities0.12%+0.06 pp Independent Power Producers & Energy Traders0.11%+0.04 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.43%+0.702 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.43%

Industry change · 12M

+0.70 pp

Multi-Utilities · contribution

+0.702 pp

Company participation

64%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2020 · 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	$70.6bn	0.348%	+0.003 pp	+0.196 pp	+28.0%	Yes
NextEra Energy → NEE	United States	$32.8bn	0.162%	+0.010 pp	+0.091 pp	+53.5%	Yes
Xcel Energy → XEL	United States	$36.3bn	0.179%	+0.005 pp	+0.090 pp	+35.7%	Yes
Consolidated Edison → ED	United States	$31.2bn	0.154%	-0.005 pp	+0.074 pp	+25.4%	No
Sempra → SRE	United States	$22.6bn	0.112%	+0.008 pp	+0.059 pp	+41.2%	Yes
CMS Energy → CMS	United States	$19.4bn	0.096%	+0.001 pp	+0.047 pp	+34.0%	Yes
Ameren → AEE	United States	$20.2bn	0.100%	+0.000 pp	+0.044 pp	+21.4%	Yes
DTE Energy → DTE	United States	$20.7bn	0.102%	-0.001 pp	+0.042 pp	+16.1%	No
Pinnacle West Capital → PNW	United States	$11.0bn	0.054%	-0.001 pp	+0.022 pp	+14.5%	Yes
NiSource → NI	United States	$10.9bn	0.054%	-0.001 pp	+0.021 pp	+10.6%	No
CenterPoint Energy → CNP	United States	$13.3bn	0.066%	-0.010 pp	+0.015 pp	-10.8%	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.