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 Technology26.2%+5.17 pp Consumer Discretionary7.6%+1.03 pp Industrials12.5%+0.98 pp Financials14.5%+0.40 pp Materials3.4%+0.25 pp Energy2.2%-0.33 pp Utilities3.2%-0.52 pp Real Estate3.1%-0.54 pp Communication Services4.6%-0.59 pp Consumer Staples7.1%-2.07 pp Health Care15.5%-3.78 pp

2 · Industry

Inside Utilities

Electric Utilities1.52%-0.53 pp Multi-Utilities1.44%+0.05 pp Gas Utilities0.05%-0.02 pp Water Utilities0.10%-0.02 pp Independent Power Producers & Energy Traders0.10%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.44%+0.052 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.44%

Industry change · 12M

+0.05 pp

Multi-Utilities · contribution

+0.052 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 2021 · 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
NextEra Energy → NEE	United States	$152.0bn	0.551%	+0.456 pp	+0.393 pp	+36.9%	Yes
Dominion Energy → D	United States	$64.4bn	0.233%	+0.091 pp	-0.128 pp	+7.8%	Yes
Consolidated Edison → ED	United States	$26.5bn	0.096%	+0.039 pp	-0.051 pp	+2.4%	Yes
Xcel Energy → XEL	United States	$38.4bn	0.139%	+0.059 pp	-0.048 pp	+15.2%	Yes
Sempra → SRE	United States	$20.8bn	0.075%	+0.033 pp	-0.026 pp	+15.0%	Yes
CMS Energy → CMS	United States	$18.6bn	0.068%	+0.029 pp	-0.024 pp	+16.0%	Yes
Ameren → AEE	United States	$21.5bn	0.078%	+0.035 pp	-0.022 pp	+19.8%	Yes
NiSource → NI	United States	$10.2bn	0.037%	+0.017 pp	-0.017 pp	+7.4%	Yes
Pinnacle West Capital → PNW	United States	$9.5bn	0.035%	+0.014 pp	-0.014 pp	+15.7%	Yes
DTE Energy → DTE	United States	$23.1bn	0.084%	+0.037 pp	-0.012 pp	+39.9%	Yes
CenterPoint Energy → CNP	United States	$13.5bn	0.049%	+0.021 pp	+0.001 pp	+48.1%	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.