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 Technology27.2%+9.30 pp Health Care16.9%+0.36 pp Materials3.2%-0.04 pp Consumer Discretionary6.8%-0.33 pp Communication Services4.9%-0.41 pp Utilities3.4%-0.47 pp Consumer Staples8.5%-0.55 pp Real Estate3.2%-0.60 pp Industrials11.8%-1.61 pp Energy1.6%-1.86 pp Financials12.5%-3.80 pp

2 · Industry

Inside Utilities

Electric Utilities1.83%-0.33 pp Multi-Utilities1.29%-0.13 pp Gas Utilities0.05%-0.02 pp Independent Power Producers & Energy Traders0.10%-0.01 pp Water Utilities0.13%+0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.29%-0.127 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.29%

Industry change · 12M

-0.13 pp

Multi-Utilities · contribution

-0.127 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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
Consolidated Edison → ED	United States	$26.3bn	0.124%	+0.124 pp	-0.035 pp	-11.6%	Yes
Dominion Energy → D	United States	$67.5bn	0.320%	+0.319 pp	-0.026 pp	+1.8%	Yes
CenterPoint Energy → CNP	United States	$11.5bn	0.055%	+0.054 pp	-0.022 pp	-24.5%	Yes
NextEra Energy → NEE	United States	$35.9bn	0.170%	+0.170 pp	+0.018 pp	+25.5%	Yes
Sempra → SRE	United States	$18.1bn	0.086%	+0.086 pp	-0.018 pp	-10.2%	Yes
NiSource → NI	United States	$8.8bn	0.042%	+0.042 pp	-0.013 pp	-15.4%	Yes
Pinnacle West Capital → PNW	United States	$9.2bn	0.043%	+0.043 pp	-0.012 pp	-9.2%	Yes
CMS Energy → CMS	United States	$18.1bn	0.086%	+0.086 pp	-0.009 pp	+1.1%	Yes
DTE Energy → DTE	United States	$20.3bn	0.096%	+0.096 pp	-0.007 pp	+0.7%	Yes
Ameren → AEE	United States	$20.0bn	0.095%	+0.095 pp	-0.005 pp	+7.1%	Yes
Xcel Energy → XEL	United States	$36.8bn	0.174%	+0.174 pp	+0.001 pp	+13.1%	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.