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%+3.01 pp Energy3.9%+1.57 pp Health Care17.5%+1.30 pp Consumer Staples7.7%+0.79 pp Utilities3.4%+0.46 pp Industrials10.1%+0.13 pp Real Estate3.2%-0.06 pp Materials3.1%-0.11 pp Communication Services3.2%-0.50 pp Financials12.4%-0.81 pp Information Technology24.5%-5.78 pp

2 · Industry

Inside Utilities

Electric Utilities1.61%+0.23 pp Multi-Utilities1.56%+0.21 pp Gas Utilities0.06%+0.02 pp Independent Power Producers & Energy Traders0.10%+0.02 pp Water Utilities0.09%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.56%+0.207 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Multi-Utilities · weight

1.56%

Industry change · 12M

+0.21 pp

Multi-Utilities · contribution

+0.207 pp

Company participation

17%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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
PG&E Corporation → PCG	United States	$38.7bn	0.131%	+0.131 pp	+0.131 pp	+32.2%	Yes
Consolidated Edison → ED	United States	$34.8bn	0.118%	-0.006 pp	+0.025 pp	+30.7%	No
Sempra → SRE	United States	$26.1bn	0.089%	-0.004 pp	+0.024 pp	+42.9%	No
Dominion Energy → D	United States	$50.9bn	0.173%	-0.071 pp	-0.022 pp	-11.2%	No
Xcel Energy → XEL	United States	$38.4bn	0.130%	-0.015 pp	+0.014 pp	+13.3%	No
CenterPoint Energy → CNP	United States	$19.6bn	0.066%	-0.005 pp	+0.011 pp	+22.9%	No
Ameren → AEE	United States	$23.1bn	0.078%	-0.007 pp	+0.007 pp	+12.3%	No
NiSource → NI	United States	$11.3bn	0.039%	-0.004 pp	+0.006 pp	+17.8%	No
DTE Energy → DTE	United States	$22.5bn	0.076%	-0.014 pp	+0.005 pp	+10.2%	No
Pinnacle West Capital → PNW	United States	$8.9bn	0.030%	-0.000 pp	+0.005 pp	+26.3%	Yes
NextEra Energy → NEE	United States	$168.3bn	0.571%	-0.027 pp	-0.004 pp	-0.3%	No
CMS Energy → CMS	United States	$17.7bn	0.060%	-0.010 pp	+0.003 pp	+6.8%	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.