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

Financials14.2%+1.72 pp Information Technology28.5%+1.35 pp Consumer Discretionary7.8%+0.98 pp Energy2.5%+0.82 pp Materials3.2%+0.05 pp Real Estate3.2%+0.01 pp Health Care16.5%-0.40 pp Utilities3.0%-0.41 pp Communication Services3.9%-1.00 pp Consumer Staples7.0%-1.51 pp Industrials10.2%-1.61 pp

2 · Industry

Inside Utilities

Electric Utilities1.40%-0.43 pp Multi-Utilities1.35%+0.06 pp Water Utilities0.11%-0.02 pp Gas Utilities0.04%-0.01 pp Independent Power Producers & Energy Traders0.09%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.35%+0.060 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.35%

Industry change · 12M

+0.06 pp

Multi-Utilities · contribution

+0.060 pp

Company participation

18%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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	$167.4bn	0.559%	+0.035 pp	+0.389 pp	+18.9%	Yes
Dominion Energy → D	United States	$61.4bn	0.205%	-0.002 pp	-0.115 pp	-2.3%	No
Xcel Energy → XEL	United States	$34.8bn	0.116%	-0.010 pp	-0.058 pp	-5.2%	No
Consolidated Edison → ED	United States	$26.6bn	0.089%	+0.002 pp	-0.035 pp	-0.0%	No
CMS Energy → CMS	United States	$17.5bn	0.058%	-0.003 pp	-0.027 pp	-2.0%	No
DTE Energy → DTE	United States	$22.0bn	0.073%	-0.005 pp	-0.023 pp	+11.5%	No
Ameren → AEE	United States	$21.7bn	0.072%	-0.001 pp	-0.022 pp	+6.7%	No
Pinnacle West Capital → PNW	United States	$7.3bn	0.024%	-0.008 pp	-0.019 pp	-18.5%	No
Sempra → SRE	United States	$20.4bn	0.068%	+0.000 pp	-0.018 pp	+5.3%	No
NiSource → NI	United States	$9.7bn	0.032%	-0.001 pp	-0.009 pp	+11.3%	No
CenterPoint Energy → CNP	United States	$15.4bn	0.052%	+0.001 pp	-0.003 pp	+26.5%	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.