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 Technology28.6%+15.24 pp Health Care16.6%+8.70 pp Financials13.3%+6.14 pp Industrials10.2%+4.03 pp Consumer Staples7.5%+3.95 pp Energy3.1%+1.92 pp Real Estate3.2%+1.74 pp Utilities3.2%+1.64 pp Materials3.2%+1.62 pp Communication Services3.9%+1.42 pp Consumer Discretionary7.2%-46.41 pp

2 · Industry

Inside Utilities

Electric Utilities1.54%+0.82 pp Multi-Utilities1.42%+0.72 pp Water Utilities0.10%+0.04 pp Gas Utilities0.05%+0.03 pp Independent Power Producers & Energy Traders0.08%+0.03 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.42%+0.718 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.42%

Industry change · 12M

+0.72 pp

Multi-Utilities · contribution

+0.718 pp

Company participation

91%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 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	$153.6bn	0.533%	-0.042 pp	+0.245 pp	+8.6%	No
Dominion Energy → D	United States	$64.5bn	0.224%	+0.029 pp	+0.114 pp	+20.5%	Yes
Xcel Energy → XEL	United States	$36.6bn	0.127%	+0.011 pp	+0.064 pp	+18.1%	Yes
Consolidated Edison → ED	United States	$30.4bn	0.105%	+0.013 pp	+0.060 pp	+35.9%	Yes
Sempra → SRE	United States	$22.8bn	0.079%	+0.014 pp	+0.044 pp	+28.6%	Yes
DTE Energy → DTE	United States	$23.6bn	0.082%	+0.011 pp	+0.043 pp	+25.2%	Yes
Ameren → AEE	United States	$22.2bn	0.077%	+0.006 pp	+0.041 pp	+25.6%	Yes
CenterPoint Energy → CNP	United States	$17.2bn	0.060%	+0.005 pp	+0.038 pp	+44.3%	Yes
CMS Energy → CMS	United States	$18.5bn	0.064%	+0.007 pp	+0.033 pp	+21.7%	Yes
NiSource → NI	United States	$11.7bn	0.041%	+0.008 pp	+0.024 pp	+38.6%	Yes
Pinnacle West Capital → PNW	United States	$8.0bn	0.028%	+0.003 pp	+0.012 pp	+5.9%	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.