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›Water Utilities›Water 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 Water Utilities

Water Utilities0.09%-0.010 pp

Concentrated

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

View all contributions →

Water Utilities · weight

0.09%

Industry change · 12M

-0.01 pp

Water Utilities · contribution

-0.010 pp

Company participation

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
American Water Works → AWK	United States	$27.6bn	0.094%	-0.003 pp	-0.010 pp	-8.4%	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.