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 Technology29.1%+12.97 pp Health Care16.4%+6.67 pp Financials13.7%+6.01 pp Industrials10.0%+3.06 pp Consumer Staples7.4%+3.04 pp Energy2.8%+1.70 pp Real Estate3.2%+1.49 pp Utilities3.1%+1.42 pp Materials3.2%+1.41 pp Communication Services3.7%+0.84 pp Consumer Discretionary7.5%-38.63 pp

2 · Industry

Inside Utilities

Multi-Utilities1.38%+0.77 pp Electric Utilities1.50%+0.59 pp Water Utilities0.10%+0.03 pp Gas Utilities0.05%+0.02 pp Independent Power Producers & Energy Traders0.08%+0.02 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.38%+0.767 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.38%

Industry change · 12M

+0.77 pp

Multi-Utilities · contribution

+0.767 pp

Company participation

82%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2022 · 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	$153.3bn	0.516%	-0.044 pp	+0.421 pp	-1.5%	No
Dominion Energy → D	United States	$65.3bn	0.220%	+0.015 pp	+0.077 pp	+14.5%	Yes
Consolidated Edison → ED	United States	$30.6bn	0.103%	+0.014 pp	+0.046 pp	+27.2%	Yes
Xcel Energy → XEL	United States	$37.5bn	0.126%	+0.010 pp	+0.046 pp	+11.9%	Yes
Ameren → AEE	United States	$22.9bn	0.077%	+0.004 pp	+0.034 pp	+25.3%	Yes
CenterPoint Energy → CNP	United States	$17.8bn	0.060%	+0.008 pp	+0.032 pp	+38.1%	Yes
DTE Energy → DTE	United States	$23.3bn	0.078%	+0.005 pp	+0.032 pp	+23.0%	Yes
Sempra → SRE	United States	$22.1bn	0.074%	+0.006 pp	+0.031 pp	+15.5%	Yes
CMS Energy → CMS	United States	$18.7bn	0.063%	+0.004 pp	+0.024 pp	+16.5%	Yes
NiSource → NI	United States	$11.5bn	0.039%	+0.006 pp	+0.018 pp	+36.6%	Yes
Pinnacle West Capital → PNW	United States	$7.9bn	0.026%	+0.002 pp	+0.006 pp	-3.3%	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.