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 Technology27.9%+27.90 pp Health Care16.3%+16.24 pp Industrials12.0%+11.94 pp Consumer Discretionary7.1%+7.11 pp Consumer Staples7.0%+6.96 pp Communication Services4.3%+4.32 pp Materials3.3%+3.25 pp Real Estate3.2%+3.20 pp Utilities3.1%+3.05 pp Energy2.0%+2.04 pp Financials13.9%-86.02 pp

2 · Industry

Inside Utilities

Electric Utilities1.44%+1.44 pp Multi-Utilities1.37%+1.37 pp Water Utilities0.11%+0.11 pp Independent Power Producers & Energy Traders0.09%+0.09 pp Gas Utilities0.04%+0.04 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.37%+1.370 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.37%

Industry change · 12M

+1.37 pp

Multi-Utilities · contribution

+1.370 pp

Company participation

91%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$164.8bn	0.551%	+0.036 pp	+0.551 pp	+22.7%	Yes
Dominion Energy → D	United States	$62.9bn	0.210%	-0.010 pp	+0.210 pp	+3.0%	Yes
Xcel Energy → XEL	United States	$37.0bn	0.124%	-0.013 pp	+0.124 pp	+1.7%	Yes
Consolidated Edison → ED	United States	$26.7bn	0.089%	-0.006 pp	+0.089 pp	+10.1%	Yes
DTE Energy → DTE	United States	$23.3bn	0.078%	-0.004 pp	+0.078 pp	+23.3%	Yes
Ameren → AEE	United States	$22.6bn	0.075%	-0.002 pp	+0.075 pp	+13.9%	Yes
Sempra → SRE	United States	$21.1bn	0.071%	-0.003 pp	+0.071 pp	+10.7%	Yes
CMS Energy → CMS	United States	$18.6bn	0.062%	-0.003 pp	+0.062 pp	+9.0%	Yes
CenterPoint Energy → CNP	United States	$14.9bn	0.050%	-0.003 pp	+0.050 pp	+28.3%	Yes
NiSource → NI	United States	$9.7bn	0.032%	-0.003 pp	+0.032 pp	+15.3%	Yes
Pinnacle West Capital → PNW	United States	$8.7bn	0.029%	-0.005 pp	+0.029 pp	+9.2%	No

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.