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 Technology33.3%+4.48 pp Financials11.4%+0.74 pp Consumer Staples7.3%+0.20 pp Utilities2.8%-0.07 pp Industrials9.8%-0.20 pp Real Estate2.7%-0.24 pp Materials2.6%-0.32 pp Communication Services2.4%-0.40 pp Energy2.6%-0.86 pp Consumer Discretionary10.9%-1.64 pp Health Care14.2%-1.69 pp

2 · Industry

Inside Utilities

Multi-Utilities1.20%-0.07 pp Water Utilities0.07%-0.02 pp Electric Utilities1.41%+0.02 pp Independent Power Producers & Energy Traders0.07%+0.01 pp Gas Utilities0.05%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.20%-0.070 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.20%

Industry change · 12M

-0.07 pp

Multi-Utilities · contribution

-0.070 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
Sempra → SRE	United States	$52.0bn	0.126%	+0.033 pp	+0.055 pp	+21.0%	Yes
NextEra Energy → NEE	United States	$165.5bn	0.400%	+0.086 pp	-0.031 pp	+24.2%	Yes
Xcel Energy → XEL	United States	$34.1bn	0.082%	+0.024 pp	-0.018 pp	+11.4%	Yes
Dominion Energy → D	United States	$46.9bn	0.113%	+0.027 pp	-0.016 pp	+21.4%	Yes
CenterPoint Energy → CNP	United States	$17.5bn	0.042%	+0.005 pp	-0.014 pp	+0.8%	Yes
Ameren → AEE	United States	$22.0bn	0.053%	+0.016 pp	-0.013 pp	+7.8%	Yes
Consolidated Edison → ED	United States	$35.2bn	0.085%	+0.022 pp	-0.013 pp	+18.3%	Yes
PG&E Corporation → PCG	United States	$51.5bn	0.124%	+0.032 pp	-0.009 pp	+21.1%	Yes
DTE Energy → DTE	United States	$25.9bn	0.063%	+0.016 pp	-0.005 pp	+25.4%	Yes
Pinnacle West Capital → PNW	United States	$9.9bn	0.024%	+0.007 pp	-0.004 pp	+18.7%	Yes
CMS Energy → CMS	United States	$20.3bn	0.049%	+0.013 pp	-0.003 pp	+25.0%	Yes
NiSource → NI	United States	$14.8bn	0.036%	+0.011 pp	+0.001 pp	+28.3%	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.