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%+8.81 pp Consumer Discretionary7.5%+0.48 pp Materials3.1%-0.14 pp Communication Services5.1%-0.22 pp Real Estate2.9%-0.60 pp Utilities2.9%-0.78 pp Health Care16.1%-0.85 pp Consumer Staples7.8%-0.86 pp Industrials12.1%-1.12 pp Energy1.9%-1.68 pp Financials13.4%-3.05 pp

2 · Industry

Inside Utilities

Electric Utilities1.57%-0.47 pp Multi-Utilities1.06%-0.28 pp Gas Utilities0.05%-0.02 pp Independent Power Producers & Energy Traders0.10%-0.01 pp Water Utilities0.11%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.06%-0.278 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.06%

Industry change · 12M

-0.28 pp

Multi-Utilities · contribution

-0.278 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 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	$61.3bn	0.248%	+0.248 pp	-0.086 pp	-5.3%	Yes
Consolidated Edison → ED	United States	$24.2bn	0.098%	+0.098 pp	-0.050 pp	-17.0%	Yes
Sempra → SRE	United States	$18.4bn	0.074%	+0.074 pp	-0.030 pp	-12.8%	Yes
Xcel Energy → XEL	United States	$35.0bn	0.142%	+0.142 pp	-0.022 pp	+7.8%	Yes
CenterPoint Energy → CNP	United States	$11.8bn	0.048%	+0.048 pp	-0.019 pp	-18.0%	Yes
DTE Energy → DTE	United States	$20.0bn	0.081%	+0.081 pp	-0.018 pp	-2.9%	Yes
CMS Energy → CMS	United States	$17.5bn	0.071%	+0.071 pp	-0.017 pp	-0.3%	Yes
NiSource → NI	United States	$8.8bn	0.036%	+0.036 pp	-0.015 pp	-14.9%	Yes
Ameren → AEE	United States	$19.3bn	0.078%	+0.078 pp	-0.015 pp	+4.3%	Yes
Pinnacle West Capital → PNW	United States	$9.0bn	0.036%	+0.036 pp	-0.013 pp	-7.7%	Yes
NextEra Energy → NEE	United States	$37.8bn	0.153%	+0.153 pp	+0.008 pp	+30.1%	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.