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 Technology29.7%+2.54 pp Health Care16.7%+0.60 pp Energy2.3%+0.44 pp Real Estate3.4%+0.43 pp Consumer Discretionary7.8%+0.36 pp Utilities3.1%+0.17 pp Materials3.3%+0.15 pp Financials12.9%-0.47 pp Consumer Staples7.2%-0.68 pp Communication Services3.6%-1.42 pp Industrials10.0%-2.13 pp

2 · Industry

Inside Utilities

Multi-Utilities1.40%+0.33 pp Electric Utilities1.43%-0.14 pp Independent Power Producers & Energy Traders0.09%-0.01 pp Gas Utilities0.04%-0.00 pp Water Utilities0.11%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.40%+0.331 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.40%

Industry change · 12M

+0.33 pp

Multi-Utilities · contribution

+0.331 pp

Company participation

55%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 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	$183.2bn	0.587%	+0.046 pp	+0.434 pp	+23.4%	Yes
Dominion Energy → D	United States	$63.6bn	0.204%	-0.003 pp	-0.044 pp	+8.1%	No
Xcel Energy → XEL	United States	$36.5bn	0.117%	-0.001 pp	-0.025 pp	+4.4%	No
Pinnacle West Capital → PNW	United States	$8.0bn	0.026%	-0.003 pp	-0.011 pp	-7.8%	No
CMS Energy → CMS	United States	$18.8bn	0.060%	-0.000 pp	-0.010 pp	+9.7%	Yes
CenterPoint Energy → CNP	United States	$17.6bn	0.056%	+0.005 pp	+0.009 pp	+32.4%	Yes
DTE Energy → DTE	United States	$23.2bn	0.074%	-0.002 pp	-0.007 pp	+19.4%	No
Sempra → SRE	United States	$21.1bn	0.068%	-0.003 pp	-0.007 pp	+7.4%	No
Ameren → AEE	United States	$22.9bn	0.073%	+0.000 pp	-0.005 pp	+17.1%	Yes
Consolidated Edison → ED	United States	$30.2bn	0.097%	+0.007 pp	-0.001 pp	+23.0%	Yes
NiSource → NI	United States	$10.8bn	0.035%	+0.001 pp	-0.001 pp	+24.8%	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.