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›Gas Utilities›Gas Utilities

1 · Sector

Weight and 12M allocation change

Information Technology34.8%+5.79 pp Financials11.4%+0.39 pp Utilities2.9%-0.05 pp Industrials9.8%-0.10 pp Consumer Staples7.0%-0.16 pp Real Estate2.6%-0.19 pp Materials2.5%-0.37 pp Communication Services2.5%-0.40 pp Consumer Discretionary11.2%-0.92 pp Energy2.5%-1.08 pp Health Care12.9%-2.90 pp

2 · Industry

Inside Utilities

Multi-Utilities1.19%-0.07 pp Electric Utilities1.48%+0.03 pp Water Utilities0.06%-0.01 pp Independent Power Producers & Energy Traders0.07%+0.00 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Gas Utilities

Gas Utilities0.05%-0.004 pp

Concentrated

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

View all contributions →

Gas Utilities · weight

0.05%

Industry change · 12M

-0.00 pp

Gas Utilities · contribution

-0.004 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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
Atmos Energy → ATO	United States	$21.5bn	0.051%	+0.016 pp	-0.004 pp	+32.5%	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.