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 Technology34.0%+4.14 pp Financials12.2%+0.98 pp Consumer Staples6.9%+0.08 pp Industrials9.8%+0.03 pp Utilities2.8%-0.10 pp Communication Services2.6%-0.24 pp Consumer Discretionary12.0%-0.29 pp Real Estate2.5%-0.34 pp Materials2.4%-0.46 pp Energy2.6%-0.67 pp Health Care12.1%-3.14 pp

2 · Industry

Inside Utilities

Multi-Utilities1.16%-0.12 pp Electric Utilities1.44%+0.04 pp Water Utilities0.06%-0.02 pp Independent Power Producers & Energy Traders0.07%-0.00 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.16%-0.115 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.16%

Industry change · 12M

-0.12 pp

Multi-Utilities · contribution

-0.115 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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
Consolidated Edison → ED	United States	$34.8bn	0.077%	-0.008 pp	-0.020 pp	+15.6%	Yes
NextEra Energy → NEE	United States	$161.8bn	0.357%	-0.043 pp	-0.017 pp	+38.4%	Yes
PG&E Corporation → PCG	United States	$56.6bn	0.125%	+0.000 pp	-0.015 pp	+26.3%	Yes
Xcel Energy → XEL	United States	$41.7bn	0.092%	+0.009 pp	-0.013 pp	+23.9%	Yes
Sempra → SRE	United States	$59.3bn	0.131%	+0.005 pp	-0.012 pp	+32.8%	Yes
DTE Energy → DTE	United States	$26.0bn	0.057%	-0.005 pp	-0.009 pp	+25.2%	Yes
Dominion Energy → D	United States	$49.4bn	0.109%	-0.004 pp	-0.009 pp	+36.2%	Yes
CenterPoint Energy → CNP	United States	$21.3bn	0.047%	+0.005 pp	-0.009 pp	+18.7%	Yes
Ameren → AEE	United States	$25.2bn	0.056%	+0.002 pp	-0.008 pp	+25.9%	Yes
NiSource → NI	United States	$17.8bn	0.039%	+0.003 pp	+0.006 pp	+54.0%	Yes
CMS Energy → CMS	United States	$20.8bn	0.046%	-0.003 pp	-0.006 pp	+26.9%	Yes
Pinnacle West Capital → PNW	United States	$10.7bn	0.024%	-0.001 pp	-0.003 pp	+30.8%	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.