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 Technology25.6%+25.56 pp Health Care15.7%+15.64 pp Industrials12.8%+12.82 pp Consumer Discretionary7.4%+7.37 pp Consumer Staples7.2%+7.19 pp Communication Services4.6%+4.56 pp Materials3.5%+3.50 pp Utilities3.1%+3.09 pp Real Estate3.1%+3.08 pp Energy2.4%+2.35 pp Financials14.7%-85.17 pp

2 · Industry

Inside Utilities

Electric Utilities1.47%+1.47 pp Multi-Utilities1.39%+1.38 pp Water Utilities0.10%+0.10 pp Independent Power Producers & Energy Traders0.09%+0.09 pp Gas Utilities0.05%+0.05 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.39%+1.384 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.39%

Industry change · 12M

+1.38 pp

Multi-Utilities · contribution

+1.384 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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	$143.6bn	0.514%	+0.227 pp	+0.514 pp	+17.0%	Yes
Dominion Energy → D	United States	$61.4bn	0.220%	+0.110 pp	+0.220 pp	-6.8%	Yes
Xcel Energy → XEL	United States	$38.1bn	0.137%	+0.074 pp	+0.136 pp	+12.0%	Yes
Consolidated Edison → ED	United States	$26.5bn	0.095%	+0.050 pp	+0.095 pp	+7.2%	Yes
DTE Energy → DTE	United States	$22.8bn	0.082%	+0.043 pp	+0.081 pp	+33.0%	Yes
Ameren → AEE	United States	$21.5bn	0.077%	+0.042 pp	+0.077 pp	+15.7%	Yes
Sempra → SRE	United States	$20.5bn	0.073%	+0.038 pp	+0.073 pp	+11.0%	Yes
CMS Energy → CMS	United States	$18.2bn	0.065%	+0.034 pp	+0.065 pp	+10.1%	Yes
CenterPoint Energy → CNP	United States	$14.7bn	0.053%	+0.031 pp	+0.053 pp	+46.2%	Yes
NiSource → NI	United States	$10.0bn	0.036%	+0.019 pp	+0.036 pp	+10.9%	Yes
Pinnacle West Capital → PNW	United States	$9.5bn	0.034%	+0.018 pp	+0.034 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.