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%+15.12 pp Health Care17.0%+8.92 pp Financials12.8%+5.42 pp Consumer Staples7.5%+3.67 pp Industrials10.3%+3.67 pp Energy3.3%+2.11 pp Real Estate3.4%+1.82 pp Utilities3.4%+1.74 pp Materials3.3%+1.63 pp Communication Services3.6%+1.16 pp Consumer Discretionary7.0%-45.25 pp

2 · Industry

Inside Utilities

Electric Utilities1.66%+0.87 pp Multi-Utilities1.50%+0.75 pp Water Utilities0.10%+0.05 pp Independent Power Producers & Energy Traders0.09%+0.04 pp Gas Utilities0.05%+0.03 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.50%+0.752 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.50%

Industry change · 12M

+0.75 pp

Multi-Utilities · contribution

+0.752 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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	$166.3bn	0.560%	-0.027 pp	+0.270 pp	+14.3%	Yes
Dominion Energy → D	United States	$68.9bn	0.232%	+0.028 pp	+0.112 pp	+15.7%	Yes
Consolidated Edison → ED	United States	$33.5bn	0.113%	+0.016 pp	+0.063 pp	+31.7%	Yes
Xcel Energy → XEL	United States	$39.3bn	0.132%	+0.015 pp	+0.062 pp	+11.5%	Yes
Sempra → SRE	United States	$26.5bn	0.089%	+0.022 pp	+0.050 pp	+31.0%	Yes
DTE Energy → DTE	United States	$25.6bn	0.086%	+0.012 pp	+0.043 pp	+20.2%	Yes
Ameren → AEE	United States	$24.2bn	0.081%	+0.008 pp	+0.041 pp	+18.2%	Yes
CenterPoint Energy → CNP	United States	$19.3bn	0.065%	+0.009 pp	+0.040 pp	+38.7%	Yes
CMS Energy → CMS	United States	$20.3bn	0.068%	+0.008 pp	+0.034 pp	+17.5%	Yes
NiSource → NI	United States	$12.9bn	0.043%	+0.009 pp	+0.025 pp	+36.5%	Yes
Pinnacle West Capital → PNW	United States	$8.8bn	0.030%	+0.004 pp	+0.012 pp	+0.4%	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.