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

Information Technology28.3%+2.98 pp Consumer Discretionary12.3%+1.34 pp Industrials9.9%+0.26 pp Energy3.7%+0.18 pp Materials2.9%-0.09 pp Communication Services2.9%-0.40 pp Real Estate2.8%-0.49 pp Utilities2.8%-0.68 pp Consumer Staples7.1%-0.72 pp Financials11.1%-0.86 pp Health Care16.2%-1.52 pp

2 · Industry

Inside Utilities

Multi-Utilities1.23%-0.33 pp Electric Utilities1.40%-0.31 pp Independent Power Producers & Energy Traders0.06%-0.03 pp Water Utilities0.08%-0.01 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Water Utilities

Water Utilities0.08%-0.012 pp

Concentrated

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

View all contributions →

Water Utilities · weight

0.08%

Industry change · 12M

-0.01 pp

Water Utilities · contribution

-0.012 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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
American Water Works → AWK	United States	$24.1bn	0.081%	+0.016 pp	-0.012 pp	-3.1%	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.