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 Technology33.7%+4.42 pp Financials12.6%+1.00 pp Consumer Staples7.2%+0.57 pp Utilities2.7%+0.11 pp Communication Services2.7%-0.04 pp Real Estate2.5%-0.34 pp Energy2.6%-0.50 pp Materials2.3%-0.52 pp Consumer Discretionary11.8%-0.67 pp Industrials9.5%-0.95 pp Health Care12.4%-3.07 pp

2 · Industry

Inside Utilities

Electric Utilities1.46%+0.15 pp Multi-Utilities1.09%-0.04 pp Water Utilities0.06%-0.01 pp Gas Utilities0.05%+0.01 pp Independent Power Producers & Energy Traders0.07%+0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.09%-0.041 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.09%

Industry change · 12M

-0.04 pp

Multi-Utilities · contribution

-0.041 pp

Company participation

67%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2025 · 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
PG&E Corporation → PCG	United States	$43.6bn	0.098%	-0.027 pp	-0.027 pp	-1.8%	No
Sempra → SRE	United States	$46.6bn	0.104%	-0.027 pp	-0.024 pp	+4.6%	No
NiSource → NI	United States	$19.2bn	0.043%	+0.004 pp	+0.009 pp	+61.9%	Yes
Xcel Energy → XEL	United States	$41.4bn	0.093%	+0.001 pp	+0.009 pp	+42.1%	Yes
Consolidated Edison → ED	United States	$35.2bn	0.079%	+0.002 pp	-0.008 pp	+20.5%	Yes
Ameren → AEE	United States	$27.4bn	0.061%	+0.006 pp	+0.007 pp	+47.6%	Yes
Dominion Energy → D	United States	$48.2bn	0.108%	-0.001 pp	-0.007 pp	+24.2%	No
Pinnacle West Capital → PNW	United States	$11.0bn	0.025%	+0.001 pp	+0.002 pp	+41.4%	Yes
DTE Energy → DTE	United States	$27.7bn	0.062%	+0.004 pp	-0.002 pp	+27.9%	Yes
NextEra Energy → NEE	United States	$144.3bn	0.323%	-0.034 pp	-0.002 pp	+30.7%	No
CMS Energy → CMS	United States	$21.8bn	0.049%	+0.003 pp	+0.000 pp	+31.4%	Yes
CenterPoint Energy → CNP	United States	$22.4bn	0.050%	+0.003 pp	+0.000 pp	+28.5%	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.