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›Water Utilities›Water Utilities

1 · Sector

Weight and 12M allocation change

Information Technology21.1%+2.55 pp Health Care19.3%+2.41 pp Communication Services5.2%+1.68 pp Materials3.1%+0.58 pp Consumer Staples9.2%+0.20 pp Real Estate3.6%-0.03 pp Utilities3.7%-0.06 pp Consumer Discretionary6.5%-0.72 pp Energy2.5%-1.60 pp Industrials11.5%-2.34 pp Financials14.1%-2.68 pp

2 · Industry

Inside Utilities

Electric Utilities2.06%-0.04 pp Independent Power Producers & Energy Traders0.10%-0.03 pp Water Utilities0.12%+0.01 pp Gas Utilities0.07%+0.00 pp Multi-Utilities1.39%+0.00 pp

3 · Sub-industry

Inside Water Utilities

Water Utilities0.12%+0.014 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Water Utilities · weight

0.12%

Industry change · 12M

+0.01 pp

Water Utilities · contribution

+0.014 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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
American Water Works → AWK	United States	$22.0bn	0.123%	+0.002 pp	+0.014 pp	+14.4%	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.