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 Technology29.3%+4.19 pp Consumer Discretionary12.5%+1.15 pp Industrials10.5%+0.21 pp Real Estate2.8%-0.41 pp Materials2.8%-0.42 pp Communication Services2.8%-0.51 pp Utilities2.6%-0.62 pp Energy3.1%-0.63 pp Consumer Staples6.6%-0.85 pp Financials11.6%-1.05 pp Health Care15.5%-1.06 pp

2 · Industry

Inside Utilities

Multi-Utilities1.13%-0.33 pp Electric Utilities1.31%-0.24 pp Water Utilities0.07%-0.02 pp Independent Power Producers & Energy Traders0.06%-0.02 pp Gas Utilities0.05%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.13%-0.326 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.13%

Industry change · 12M

-0.33 pp

Multi-Utilities · contribution

-0.326 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 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	$113.3bn	0.325%	-0.050 pp	-0.172 pp	-19.9%	No
Dominion Energy → D	United States	$40.1bn	0.115%	-0.004 pp	-0.049 pp	-8.0%	No
Sempra → SRE	United States	$44.6bn	0.128%	-0.015 pp	+0.045 pp	-2.7%	Yes
Xcel Energy → XEL	United States	$29.3bn	0.084%	-0.021 pp	-0.041 pp	-15.6%	No
Consolidated Edison → ED	United States	$30.1bn	0.086%	-0.011 pp	-0.025 pp	+1.2%	No
Ameren → AEE	United States	$19.0bn	0.054%	-0.009 pp	-0.022 pp	-11.2%	No
DTE Energy → DTE	United States	$22.4bn	0.064%	-0.003 pp	-0.015 pp	+2.3%	No
CMS Energy → CMS	United States	$16.9bn	0.048%	-0.003 pp	-0.012 pp	+0.7%	No
CenterPoint Energy → CNP	United States	$17.4bn	0.050%	-0.006 pp	-0.012 pp	+1.6%	No
PG&E Corporation → PCG	United States	$43.6bn	0.125%	-0.015 pp	-0.011 pp	+6.9%	No
Pinnacle West Capital → PNW	United States	$7.8bn	0.022%	-0.004 pp	-0.007 pp	-2.9%	No
NiSource → NI	United States	$11.7bn	0.033%	+0.000 pp	-0.006 pp	-1.3%	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.