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 Technology29.7%+5.20 pp Consumer Discretionary11.9%+0.62 pp Industrials10.2%+0.09 pp Communication Services2.9%-0.50 pp Real Estate2.8%-0.52 pp Materials2.7%-0.53 pp Utilities2.7%-0.66 pp Consumer Staples6.7%-0.73 pp Energy3.1%-0.73 pp Financials11.7%-0.96 pp Health Care15.6%-1.28 pp

2 · Industry

Inside Utilities

Electric Utilities1.30%-0.31 pp Multi-Utilities1.20%-0.30 pp Water Utilities0.07%-0.03 pp Independent Power Producers & Energy Traders0.07%-0.02 pp Gas Utilities0.05%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.20%-0.299 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.20%

Industry change · 12M

-0.30 pp

Multi-Utilities · contribution

-0.299 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2024 · 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	$120.3bn	0.358%	-0.043 pp	-0.150 pp	-19.2%	No
Dominion Energy → D	United States	$38.3bn	0.114%	-0.001 pp	-0.068 pp	-24.2%	No
Sempra → SRE	United States	$45.0bn	0.134%	+0.059 pp	+0.048 pp	-7.8%	Yes
Xcel Energy → XEL	United States	$33.0bn	0.098%	-0.013 pp	-0.031 pp	-10.0%	No
Ameren → AEE	United States	$18.3bn	0.054%	-0.013 pp	-0.022 pp	-17.4%	No
Consolidated Edison → ED	United States	$31.4bn	0.093%	-0.010 pp	-0.022 pp	-1.2%	No
CMS Energy → CMS	United States	$16.7bn	0.050%	-0.004 pp	-0.013 pp	-6.5%	No
DTE Energy → DTE	United States	$21.7bn	0.065%	-0.003 pp	-0.013 pp	-6.2%	No
CenterPoint Energy → CNP	United States	$17.6bn	0.052%	-0.005 pp	-0.012 pp	-4.7%	No
NiSource → NI	United States	$10.7bn	0.032%	-0.003 pp	-0.007 pp	-2.9%	No
Pinnacle West Capital → PNW	United States	$7.8bn	0.023%	-0.005 pp	-0.006 pp	-3.2%	No
PG&E Corporation → PCG	United States	$44.1bn	0.131%	-0.014 pp	-0.003 pp	+6.2%	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.