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 Care18.4%+2.69 pp Consumer Staples8.3%+1.19 pp Energy3.5%+1.09 pp Utilities3.7%+0.74 pp Real Estate3.5%+0.33 pp Materials3.2%-0.03 pp Information Technology26.7%-0.23 pp Communication Services3.9%-0.63 pp Consumer Discretionary6.4%-0.92 pp Financials12.3%-1.95 pp Industrials10.1%-2.27 pp

2 · Industry

Inside Utilities

Electric Utilities1.83%+0.42 pp Multi-Utilities1.63%+0.31 pp Gas Utilities0.06%+0.02 pp Water Utilities0.11%+0.01 pp Independent Power Producers & Energy Traders0.09%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.63%+0.305 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.63%

Industry change · 12M

+0.31 pp

Multi-Utilities · contribution

+0.305 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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	$152.2bn	0.592%	+0.032 pp	+0.084 pp	+7.9%	Yes
Consolidated Edison → ED	United States	$33.7bn	0.131%	+0.018 pp	+0.044 pp	+37.7%	Yes
Dominion Energy → D	United States	$64.7bn	0.252%	+0.020 pp	+0.042 pp	+12.2%	Yes
Xcel Energy → XEL	United States	$38.5bn	0.150%	+0.018 pp	+0.025 pp	+10.4%	Yes
CenterPoint Energy → CNP	United States	$18.6bn	0.072%	+0.008 pp	+0.022 pp	+23.6%	Yes
Sempra → SRE	United States	$23.6bn	0.092%	+0.003 pp	+0.021 pp	+17.2%	Yes
DTE Energy → DTE	United States	$24.6bn	0.095%	+0.009 pp	+0.020 pp	+18.3%	Yes
Ameren → AEE	United States	$23.3bn	0.091%	+0.009 pp	+0.019 pp	+15.8%	Yes
CMS Energy → CMS	United States	$19.6bn	0.076%	+0.008 pp	+0.016 pp	+17.5%	Yes
NiSource → NI	United States	$12.0bn	0.047%	+0.003 pp	+0.013 pp	+24.5%	Yes
Pinnacle West Capital → PNW	United States	$8.3bn	0.032%	+0.002 pp	-0.000 pp	-6.6%	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.