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 Technology34.6%+6.31 pp Utilities2.9%+0.04 pp Consumer Staples7.1%+0.00 pp Real Estate2.6%-0.16 pp Industrials9.7%-0.18 pp Financials11.0%-0.18 pp Materials2.6%-0.35 pp Communication Services2.5%-0.43 pp Consumer Discretionary11.3%-1.04 pp Energy2.5%-1.29 pp Health Care13.5%-2.72 pp

2 · Industry

Inside Utilities

Electric Utilities1.47%+0.07 pp Multi-Utilities1.20%-0.03 pp Water Utilities0.07%-0.01 pp Independent Power Producers & Energy Traders0.08%+0.01 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.20%-0.032 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.20%

Industry change · 12M

-0.03 pp

Multi-Utilities · contribution

-0.032 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$53.0bn	0.123%	+0.033 pp	+0.052 pp	+27.0%	Yes
Xcel Energy → XEL	United States	$36.4bn	0.085%	+0.029 pp	-0.021 pp	+18.5%	Yes
PG&E Corporation → PCG	United States	$51.7bn	0.120%	+0.035 pp	-0.018 pp	+22.8%	Yes
NextEra Energy → NEE	United States	$173.7bn	0.404%	+0.132 pp	+0.017 pp	+52.1%	Yes
Consolidated Edison → ED	United States	$36.0bn	0.084%	+0.026 pp	-0.015 pp	+26.1%	Yes
CenterPoint Energy → CNP	United States	$18.9bn	0.044%	+0.007 pp	-0.013 pp	+12.8%	Yes
Dominion Energy → D	United States	$48.5bn	0.113%	+0.036 pp	-0.012 pp	+36.4%	Yes
Ameren → AEE	United States	$23.3bn	0.054%	+0.019 pp	-0.011 pp	+21.0%	Yes
DTE Energy → DTE	United States	$26.6bn	0.062%	+0.019 pp	-0.006 pp	+34.0%	Yes
Pinnacle West Capital → PNW	United States	$10.1bn	0.023%	+0.007 pp	-0.004 pp	+26.0%	Yes
CMS Energy → CMS	United States	$21.1bn	0.049%	+0.016 pp	-0.003 pp	+37.6%	Yes
NiSource → NI	United States	$15.5bn	0.036%	+0.012 pp	+0.002 pp	+45.8%	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.