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 Discretionary10.9%+3.79 pp Energy3.6%+1.54 pp Consumer Staples7.7%+0.73 pp Utilities3.6%+0.56 pp Health Care16.5%+0.26 pp Real Estate3.3%+0.06 pp Materials3.0%-0.23 pp Communication Services3.5%-0.87 pp Information Technology26.2%-1.69 pp Financials11.9%-1.97 pp Industrials9.8%-2.17 pp

2 · Industry

Inside Utilities

Electric Utilities1.77%+0.33 pp Multi-Utilities1.59%+0.22 pp Gas Utilities0.06%+0.01 pp Water Utilities0.10%-0.01 pp Independent Power Producers & Energy Traders0.10%+0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.59%+0.223 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.59%

Industry change · 12M

+0.22 pp

Multi-Utilities · contribution

+0.223 pp

Company participation

64%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$167.1bn	0.598%	+0.063 pp	+0.047 pp	+3.4%	Yes
Consolidated Edison → ED	United States	$34.7bn	0.124%	-0.003 pp	+0.035 pp	+34.3%	Yes
Dominion Energy → D	United States	$68.1bn	0.244%	-0.002 pp	+0.033 pp	+8.6%	Yes
Sempra → SRE	United States	$25.9bn	0.093%	+0.000 pp	+0.022 pp	+28.7%	Yes
Xcel Energy → XEL	United States	$40.6bn	0.145%	-0.002 pp	+0.022 pp	+11.0%	Yes
CenterPoint Energy → CNP	United States	$19.8bn	0.071%	-0.002 pp	+0.021 pp	+28.7%	Yes
DTE Energy → DTE	United States	$25.3bn	0.090%	-0.002 pp	+0.012 pp	+11.5%	No
NiSource → NI	United States	$12.0bn	0.043%	-0.003 pp	+0.011 pp	+23.7%	No
Ameren → AEE	United States	$23.9bn	0.086%	-0.003 pp	+0.010 pp	+8.3%	No
CMS Energy → CMS	United States	$19.6bn	0.070%	-0.004 pp	+0.008 pp	+8.3%	No
Pinnacle West Capital → PNW	United States	$8.5bn	0.030%	-0.001 pp	+0.001 pp	+2.8%	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.