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

Materials34.0%+1.88 pp Financials8.2%+0.50 pp Consumer Staples5.1%+0.15 pp Industrials7.1%+0.09 pp Utilities2.0%-0.12 pp Real Estate1.9%-0.15 pp Communication Services1.8%-0.15 pp Energy2.0%-0.39 pp Information Technology19.8%-0.42 pp Consumer Discretionary8.2%-0.48 pp Health Care10.0%-0.91 pp

2 · Industry

Inside Utilities

Multi-Utilities0.85%-0.10 pp Water Utilities0.05%-0.01 pp Gas Utilities0.03%-0.00 pp Electric Utilities1.00%-0.00 pp Independent Power Producers & Energy Traders0.05%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities0.85%-0.095 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

0.85%

Industry change · 12M

-0.10 pp

Multi-Utilities · contribution

-0.095 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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	$157.0bn	0.281%	-0.117 pp	-0.042 pp	+7.5%	No
Sempra → SRE	United States	$50.7bn	0.091%	-0.040 pp	+0.040 pp	+11.1%	No
Xcel Energy → XEL	United States	$32.4bn	0.058%	-0.028 pp	-0.017 pp	-3.5%	No
Dominion Energy → D	United States	$44.8bn	0.080%	-0.043 pp	-0.017 pp	+5.4%	No
PG&E Corporation → PCG	United States	$47.7bn	0.086%	-0.044 pp	-0.013 pp	+3.8%	No
Consolidated Edison → ED	United States	$33.7bn	0.060%	-0.034 pp	-0.011 pp	+6.6%	No
Ameren → AEE	United States	$21.1bn	0.038%	-0.019 pp	-0.011 pp	-4.2%	No
CenterPoint Energy → CNP	United States	$17.8bn	0.032%	-0.022 pp	-0.009 pp	-5.2%	No
DTE Energy → DTE	United States	$25.0bn	0.045%	-0.021 pp	-0.007 pp	+9.4%	No
CMS Energy → CMS	United States	$19.4bn	0.035%	-0.018 pp	-0.004 pp	+9.8%	No
Pinnacle West Capital → PNW	United States	$9.7bn	0.017%	-0.007 pp	-0.003 pp	+7.2%	No
NiSource → NI	United States	$14.0bn	0.025%	-0.011 pp	+0.000 pp	+16.6%	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.