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

Information Technology28.8%+2.60 pp Consumer Discretionary12.5%+1.60 pp Industrials10.0%+0.17 pp Energy3.5%-0.07 pp Materials2.9%-0.09 pp Real Estate2.9%-0.37 pp Health Care15.9%-0.60 pp Communication Services2.8%-0.63 pp Consumer Staples7.1%-0.63 pp Utilities2.9%-0.75 pp Financials10.7%-1.24 pp

2 · Industry

Inside Utilities

Electric Utilities1.39%-0.38 pp Multi-Utilities1.27%-0.33 pp Independent Power Producers & Energy Traders0.07%-0.03 pp Water Utilities0.09%-0.01 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.27%-0.326 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.27%

Industry change · 12M

-0.33 pp

Multi-Utilities · contribution

-0.326 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
NextEra Energy → NEE	United States	$135.2bn	0.431%	+0.064 pp	-0.167 pp	-19.5%	Yes
PG&E Corporation → PCG	United States	$41.9bn	0.133%	+0.030 pp	+0.133 pp	+32.2%	Yes
Dominion Energy → D	United States	$40.6bn	0.129%	+0.026 pp	-0.114 pp	-37.1%	Yes
Xcel Energy → XEL	United States	$31.5bn	0.100%	+0.012 pp	-0.045 pp	-20.7%	Yes
Consolidated Edison → ED	United States	$30.7bn	0.098%	+0.018 pp	-0.026 pp	-5.7%	Yes
DTE Energy → DTE	United States	$21.3bn	0.068%	+0.013 pp	-0.022 pp	-18.1%	Yes
Sempra → SRE	United States	$22.1bn	0.070%	+0.015 pp	-0.022 pp	-12.2%	Yes
Ameren → AEE	United States	$20.8bn	0.066%	+0.014 pp	-0.019 pp	-12.0%	Yes
CMS Energy → CMS	United States	$16.4bn	0.052%	+0.010 pp	-0.018 pp	-14.1%	Yes
CenterPoint Energy → CNP	United States	$17.6bn	0.056%	+0.012 pp	-0.015 pp	-9.2%	Yes
NiSource → NI	United States	$11.1bn	0.035%	+0.008 pp	-0.008 pp	-6.0%	Yes
Pinnacle West Capital → PNW	United States	$8.8bn	0.028%	+0.006 pp	-0.003 pp	+7.4%	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.