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 Technology27.5%+27.47 pp Health Care16.1%+16.09 pp Industrials11.8%+11.83 pp Consumer Discretionary7.3%+7.33 pp Consumer Staples7.0%+6.99 pp Communication Services4.3%+4.28 pp Materials3.2%+3.15 pp Real Estate3.1%+3.13 pp Utilities3.0%+2.99 pp Energy2.3%+2.34 pp Financials14.3%-85.61 pp

2 · Industry

Inside Utilities

Electric Utilities1.41%+1.41 pp Multi-Utilities1.35%+1.35 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-Utilities1.35%+1.349 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.35%

Industry change · 12M

+1.35 pp

Multi-Utilities · contribution

+1.349 pp

Company participation

18%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$154.0bn	0.541%	+0.033 pp	+0.541 pp	+15.4%	Yes
Dominion Energy → D	United States	$59.0bn	0.207%	-0.002 pp	+0.207 pp	-4.4%	No
Xcel Energy → XEL	United States	$33.7bn	0.118%	-0.007 pp	+0.118 pp	-6.9%	No
Consolidated Edison → ED	United States	$25.7bn	0.090%	+0.003 pp	+0.090 pp	-2.9%	No
DTE Energy → DTE	United States	$21.6bn	0.076%	+0.001 pp	+0.076 pp	+17.9%	No
Ameren → AEE	United States	$20.8bn	0.073%	+0.001 pp	+0.073 pp	+5.2%	No
Sempra → SRE	United States	$20.2bn	0.071%	+0.000 pp	+0.071 pp	+10.5%	No
CMS Energy → CMS	United States	$17.3bn	0.061%	+0.000 pp	+0.061 pp	-0.0%	No
CenterPoint Energy → CNP	United States	$14.6bn	0.051%	+0.001 pp	+0.051 pp	+30.5%	Yes
NiSource → NI	United States	$9.5bn	0.033%	-0.001 pp	+0.033 pp	+14.2%	No
Pinnacle West Capital → PNW	United States	$8.2bn	0.029%	-0.004 pp	+0.029 pp	+1.1%	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.