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 Technology37.5%+17.67 pp Financials12.1%+3.93 pp Consumer Discretionary11.7%+3.50 pp Industrials10.0%+2.95 pp Consumer Staples6.5%+1.39 pp Utilities2.8%+0.81 pp Communication Services2.5%+0.68 pp Real Estate2.3%+0.39 pp Energy2.3%+0.30 pp Health Care10.3%+0.23 pp Materials2.1%-31.86 pp

2 · Industry

Inside Utilities

Electric Utilities1.54%+0.54 pp Multi-Utilities1.06%+0.21 pp Independent Power Producers & Energy Traders0.09%+0.04 pp Gas Utilities0.05%+0.02 pp Water Utilities0.06%+0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.06%+0.210 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.06%

Industry change · 12M

+0.21 pp

Multi-Utilities · contribution

+0.210 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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
Xcel Energy → XEL	United States	$43.4bn	0.092%	-0.006 pp	+0.034 pp	+30.3%	No
NextEra Energy → NEE	United States	$146.3bn	0.309%	-0.022 pp	+0.027 pp	-4.2%	No
Dominion Energy → D	United States	$49.8bn	0.105%	-0.006 pp	+0.025 pp	+14.6%	No
Sempra → SRE	United States	$53.3bn	0.112%	-0.004 pp	+0.022 pp	+5.3%	Yes
CenterPoint Energy → CNP	United States	$25.3bn	0.053%	-0.007 pp	+0.022 pp	+43.7%	No
Ameren → AEE	United States	$27.3bn	0.058%	-0.007 pp	+0.020 pp	+31.4%	No
Consolidated Edison → ED	United States	$37.3bn	0.079%	-0.015 pp	+0.018 pp	+9.8%	No
NiSource → NI	United States	$20.0bn	0.042%	-0.002 pp	+0.017 pp	+39.8%	No
DTE Energy → DTE	United States	$28.7bn	0.061%	-0.008 pp	+0.016 pp	+18.7%	No
CMS Energy → CMS	United States	$22.1bn	0.047%	-0.006 pp	+0.012 pp	+17.4%	No
PG&E Corporation → PCG	United States	$37.5bn	0.079%	-0.027 pp	-0.006 pp	-22.8%	No
Pinnacle West Capital → PNW	United States	$10.8bn	0.023%	-0.004 pp	+0.005 pp	+10.3%	No

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.