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

Health Care17.6%+1.90 pp Energy4.0%+1.62 pp Information Technology26.9%+1.35 pp Utilities3.6%+0.53 pp Consumer Staples7.7%+0.52 pp Real Estate3.4%+0.27 pp Materials3.5%-0.04 pp Consumer Discretionary6.7%-0.71 pp Communication Services3.8%-0.73 pp Financials12.8%-1.90 pp Industrials10.0%-2.80 pp

2 · Industry

Inside Utilities

Electric Utilities1.82%+0.34 pp Multi-Utilities1.55%+0.17 pp Gas Utilities0.06%+0.01 pp Independent Power Producers & Energy Traders0.09%+0.00 pp Water Utilities0.10%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.55%+0.169 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.55%

Industry change · 12M

+0.17 pp

Multi-Utilities · contribution

+0.169 pp

Company participation

91%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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
Consolidated Edison → ED	United States	$35.2bn	0.127%	+0.021 pp	+0.032 pp	+33.5%	Yes
Dominion Energy → D	United States	$68.3bn	0.246%	+0.022 pp	+0.026 pp	+14.4%	Yes
NextEra Energy → NEE	United States	$148.7bn	0.535%	+0.003 pp	+0.021 pp	+6.0%	No
CenterPoint Energy → CNP	United States	$20.2bn	0.073%	+0.013 pp	+0.020 pp	+29.8%	Yes
Sempra → SRE	United States	$25.8bn	0.093%	+0.014 pp	+0.019 pp	+24.9%	Yes
Ameren → AEE	United States	$24.6bn	0.089%	+0.012 pp	+0.011 pp	+16.0%	Yes
Xcel Energy → XEL	United States	$41.0bn	0.148%	+0.021 pp	+0.011 pp	+9.2%	Yes
DTE Energy → DTE	United States	$25.7bn	0.093%	+0.011 pp	+0.011 pp	+16.4%	Yes
NiSource → NI	United States	$12.8bn	0.046%	+0.005 pp	+0.010 pp	+27.5%	Yes
CMS Energy → CMS	United States	$20.6bn	0.074%	+0.010 pp	+0.009 pp	+16.4%	Yes
Pinnacle West Capital → PNW	United States	$8.8bn	0.032%	+0.004 pp	-0.003 pp	-3.8%	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.