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 Technology33.1%+5.29 pp Financials12.3%+0.37 pp Communication Services2.8%+0.09 pp Utilities2.9%+0.07 pp Real Estate2.5%-0.09 pp Consumer Staples7.6%-0.20 pp Materials2.3%-0.53 pp Consumer Discretionary11.5%-0.54 pp Energy2.4%-0.88 pp Industrials9.9%-0.92 pp Health Care12.6%-2.65 pp

2 · Industry

Inside Utilities

Electric Utilities1.56%+0.16 pp Multi-Utilities1.17%-0.08 pp Independent Power Producers & Energy Traders0.07%-0.01 pp Gas Utilities0.06%+0.01 pp Water Utilities0.07%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.17%-0.080 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.17%

Industry change · 12M

-0.08 pp

Multi-Utilities · contribution

-0.080 pp

Company participation

75%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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
NextEra Energy → NEE	United States	$137.7bn	0.331%	+0.003 pp	-0.068 pp	+2.7%	No
PG&E Corporation → PCG	United States	$44.2bn	0.106%	+0.015 pp	-0.023 pp	-3.1%	No
Sempra → SRE	United States	$48.4bn	0.116%	-0.001 pp	-0.015 pp	+7.0%	No
Dominion Energy → D	United States	$46.3bn	0.111%	+0.007 pp	-0.012 pp	+11.9%	Yes
Xcel Energy → XEL	United States	$40.8bn	0.098%	+0.012 pp	+0.011 pp	+36.3%	Yes
NiSource → NI	United States	$18.4bn	0.044%	+0.005 pp	+0.008 pp	+44.7%	Yes
Ameren → AEE	United States	$26.8bn	0.064%	+0.008 pp	+0.007 pp	+38.7%	Yes
CenterPoint Energy → CNP	United States	$25.3bn	0.061%	+0.014 pp	+0.007 pp	+36.8%	Yes
Pinnacle West Capital → PNW	United States	$11.3bn	0.027%	+0.005 pp	+0.003 pp	+33.3%	Yes
DTE Energy → DTE	United States	$28.4bn	0.068%	+0.013 pp	+0.002 pp	+28.5%	Yes
Consolidated Edison → ED	United States	$39.1bn	0.094%	+0.022 pp	-0.001 pp	+23.6%	Yes
CMS Energy → CMS	United States	$22.0bn	0.053%	+0.009 pp	+0.000 pp	+25.4%	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.