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

Consumer Discretionary11.0%+3.71 pp Energy3.4%+1.21 pp Utilities3.5%+0.44 pp Health Care16.9%+0.44 pp Consumer Staples7.5%+0.40 pp Real Estate3.3%+0.12 pp Materials3.0%-0.22 pp Information Technology26.7%-0.60 pp Communication Services3.4%-0.97 pp Financials11.7%-2.06 pp Industrials9.7%-2.46 pp

2 · Industry

Inside Utilities

Electric Utilities1.70%+0.26 pp Multi-Utilities1.52%+0.18 pp Gas Utilities0.06%+0.01 pp Water Utilities0.10%-0.01 pp Independent Power Producers & Energy Traders0.08%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.52%+0.184 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.52%

Industry change · 12M

+0.18 pp

Multi-Utilities · contribution

+0.184 pp

Company participation

36%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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	$166.0bn	0.570%	+0.066 pp	+0.046 pp	+10.7%	Yes
Consolidated Edison → ED	United States	$35.2bn	0.121%	+0.002 pp	+0.034 pp	+39.7%	Yes
Sempra → SRE	United States	$26.1bn	0.090%	-0.003 pp	+0.022 pp	+31.0%	Yes
Dominion Energy → D	United States	$66.5bn	0.229%	-0.011 pp	+0.022 pp	+13.2%	No
CenterPoint Energy → CNP	United States	$19.9bn	0.069%	-0.001 pp	+0.018 pp	+27.5%	Yes
Xcel Energy → XEL	United States	$40.0bn	0.138%	-0.007 pp	+0.012 pp	+10.2%	No
Ameren → AEE	United States	$24.0bn	0.083%	-0.004 pp	+0.009 pp	+13.8%	No
NiSource → NI	United States	$12.3bn	0.042%	-0.000 pp	+0.009 pp	+26.8%	No
DTE Energy → DTE	United States	$25.2bn	0.087%	-0.005 pp	+0.009 pp	+14.3%	No
CMS Energy → CMS	United States	$19.9bn	0.069%	-0.003 pp	+0.007 pp	+14.4%	No
Pinnacle West Capital → PNW	United States	$8.3bn	0.029%	-0.001 pp	-0.004 pp	-7.7%	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.