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 Technology34.8%+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 Multi-Utilities

Multi-Utilities1.19%-0.067 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.19%

Industry change · 12M

-0.07 pp

Multi-Utilities · contribution

-0.067 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
Sempra → SRE	United States	$52.8bn	0.124%	+0.033 pp	+0.049 pp	+23.0%	Yes
Xcel Energy → XEL	United States	$38.4bn	0.090%	+0.032 pp	-0.021 pp	+17.1%	Yes
PG&E Corporation → PCG	United States	$52.9bn	0.124%	+0.039 pp	-0.020 pp	+24.3%	Yes
Consolidated Edison → ED	United States	$35.2bn	0.083%	+0.022 pp	-0.020 pp	+20.0%	Yes
NextEra Energy → NEE	United States	$163.0bn	0.383%	+0.102 pp	-0.018 pp	+40.1%	Yes
Ameren → AEE	United States	$23.2bn	0.055%	+0.017 pp	-0.013 pp	+19.1%	Yes
CenterPoint Energy → CNP	United States	$19.2bn	0.045%	+0.013 pp	-0.012 pp	+13.1%	Yes
DTE Energy → DTE	United States	$25.7bn	0.060%	+0.016 pp	-0.007 pp	+33.6%	Yes
Pinnacle West Capital → PNW	United States	$10.0bn	0.023%	+0.006 pp	-0.005 pp	+22.6%	Yes
CMS Energy → CMS	United States	$20.8bn	0.049%	+0.014 pp	-0.005 pp	+32.6%	Yes
NiSource → NI	United States	$16.4bn	0.039%	+0.013 pp	+0.003 pp	+44.8%	Yes
Dominion Energy → D	United States	$49.9bn	0.117%	+0.037 pp	+0.003 pp	+55.7%	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.