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 Technology26.8%+8.71 pp Materials3.2%-0.02 pp Consumer Discretionary6.8%-0.23 pp Communication Services5.0%-0.29 pp Health Care16.4%-0.39 pp Real Estate3.1%-0.54 pp Consumer Staples8.2%-0.62 pp Utilities3.0%-0.62 pp Industrials12.5%-1.18 pp Energy1.9%-1.53 pp Financials13.2%-3.30 pp

2 · Industry

Inside Utilities

Electric Utilities1.65%-0.39 pp Multi-Utilities1.14%-0.20 pp Independent Power Producers & Energy Traders0.09%-0.02 pp Gas Utilities0.05%-0.01 pp Water Utilities0.12%+0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.14%-0.202 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.14%

Industry change · 12M

-0.20 pp

Multi-Utilities · contribution

-0.202 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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	$64.0bn	0.272%	+0.272 pp	-0.073 pp	-1.2%	Yes
Consolidated Edison → ED	United States	$25.5bn	0.108%	+0.108 pp	-0.037 pp	-8.8%	Yes
Sempra → SRE	United States	$18.4bn	0.078%	+0.078 pp	-0.026 pp	-10.4%	Yes
CMS Energy → CMS	United States	$17.6bn	0.075%	+0.075 pp	-0.013 pp	+3.1%	Yes
Xcel Energy → XEL	United States	$35.4bn	0.150%	+0.150 pp	-0.012 pp	+12.4%	Yes
Ameren → AEE	United States	$19.2bn	0.082%	+0.082 pp	-0.010 pp	+7.3%	Yes
NiSource → NI	United States	$9.3bn	0.039%	+0.039 pp	-0.010 pp	-5.5%	Yes
Pinnacle West Capital → PNW	United States	$9.2bn	0.039%	+0.039 pp	-0.010 pp	-2.7%	Yes
DTE Energy → DTE	United States	$20.7bn	0.088%	+0.088 pp	-0.010 pp	+4.6%	Yes
NextEra Energy → NEE	United States	$36.0bn	0.153%	+0.153 pp	+0.009 pp	+28.5%	Yes
CenterPoint Energy → CNP	United States	$12.6bn	0.054%	+0.054 pp	-0.008 pp	-2.4%	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.