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 Discretionary11.2%+3.78 pp Energy3.9%+1.03 pp Health Care16.9%+0.53 pp Utilities3.4%+0.25 pp Industrials10.1%+0.16 pp Real Estate3.3%+0.09 pp Materials3.3%+0.07 pp Consumer Staples7.4%+0.03 pp Communication Services3.4%-0.27 pp Financials12.7%-1.04 pp Information Technology24.5%-4.63 pp

2 · Industry

Inside Utilities

Multi-Utilities1.50%+0.12 pp Electric Utilities1.61%+0.11 pp Gas Utilities0.06%+0.01 pp Independent Power Producers & Energy Traders0.09%+0.01 pp Water Utilities0.10%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.50%+0.121 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.50%

Industry change · 12M

+0.12 pp

Multi-Utilities · contribution

+0.121 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2023 · 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	$39.2bn	0.134%	+0.004 pp	+0.134 pp	+24.3%	Yes
Dominion Energy → D	United States	$53.0bn	0.181%	-0.025 pp	-0.038 pp	-18.2%	No
Consolidated Edison → ED	United States	$33.8bn	0.116%	+0.005 pp	+0.013 pp	+14.1%	No
Sempra → SRE	United States	$25.2bn	0.086%	+0.002 pp	+0.012 pp	+19.5%	No
NextEra Energy → NEE	United States	$148.3bn	0.508%	-0.033 pp	-0.008 pp	-2.4%	No
CenterPoint Energy → CNP	United States	$19.0bn	0.065%	+0.001 pp	+0.005 pp	+8.7%	No
Xcel Energy → XEL	United States	$37.6bn	0.129%	+0.002 pp	+0.003 pp	+1.5%	No
Pinnacle West Capital → PNW	United States	$8.4bn	0.029%	+0.002 pp	+0.002 pp	+12.3%	No
DTE Energy → DTE	United States	$22.5bn	0.077%	+0.000 pp	-0.001 pp	-0.5%	No
CMS Energy → CMS	United States	$18.3bn	0.063%	+0.004 pp	+0.000 pp	+1.0%	No
Ameren → AEE	United States	$22.5bn	0.077%	+0.002 pp	-0.000 pp	+0.5%	No
NiSource → NI	United States	$11.3bn	0.039%	+0.002 pp	+0.000 pp	-1.7%	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.