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 Technology36.8%+3.53 pp Consumer Discretionary12.0%+1.16 pp Financials12.2%+0.79 pp Communication Services2.5%+0.07 pp Industrials9.8%+0.05 pp Utilities2.7%-0.09 pp Energy2.4%-0.29 pp Materials2.3%-0.34 pp Real Estate2.3%-0.39 pp Consumer Staples6.4%-0.84 pp Health Care10.6%-3.65 pp

2 · Industry

Inside Utilities

Multi-Utilities1.05%-0.15 pp Electric Utilities1.46%+0.06 pp Water Utilities0.06%-0.01 pp Independent Power Producers & Energy Traders0.08%+0.01 pp Gas Utilities0.06%+0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.05%-0.152 pp

Concentrated

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

View all contributions →

Multi-Utilities · weight

1.05%

Industry change · 12M

-0.15 pp

Multi-Utilities · contribution

-0.152 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$148.4bn	0.308%	-0.022 pp	-0.092 pp	-7.7%	No
PG&E Corporation → PCG	United States	$40.9bn	0.085%	-0.018 pp	-0.040 pp	-22.0%	No
Sempra → SRE	United States	$53.9bn	0.112%	-0.004 pp	-0.014 pp	+3.7%	No
Consolidated Edison → ED	United States	$35.4bn	0.073%	-0.012 pp	-0.011 pp	+0.1%	No
CenterPoint Energy → CNP	United States	$24.6bn	0.051%	-0.004 pp	+0.009 pp	+41.6%	No
Dominion Energy → D	United States	$51.1bn	0.106%	-0.004 pp	-0.007 pp	+11.0%	No
Xcel Energy → XEL	United States	$42.8bn	0.089%	-0.003 pp	+0.006 pp	+22.3%	No
NiSource → NI	United States	$19.9bn	0.041%	-0.001 pp	+0.005 pp	+31.6%	No
CMS Energy → CMS	United States	$21.4bn	0.044%	-0.003 pp	-0.005 pp	+8.7%	No
DTE Energy → DTE	United States	$28.4bn	0.059%	-0.005 pp	-0.004 pp	+13.0%	No
Ameren → AEE	United States	$27.0bn	0.056%	-0.003 pp	+0.003 pp	+24.6%	No
Pinnacle West Capital → PNW	United States	$10.7bn	0.022%	-0.003 pp	-0.002 pp	+6.3%	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.