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 Technology41.0%+4.61 pp Industrials10.3%+0.34 pp Energy2.4%+0.09 pp Materials2.1%-0.14 pp Utilities2.5%-0.22 pp Real Estate2.0%-0.28 pp Consumer Discretionary11.2%-0.41 pp Health Care10.4%-0.48 pp Communication Services2.2%-0.51 pp Consumer Staples5.7%-1.01 pp Financials10.3%-1.99 pp

2 · Industry

Inside Utilities

Electric Utilities1.31%-0.18 pp Water Utilities0.04%-0.01 pp Independent Power Producers & Energy Traders0.07%-0.01 pp Multi-Utilities1.03%-0.01 pp Gas Utilities0.05%-0.00 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities1.03%-0.011 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

1.03%

Industry change · 12M

-0.01 pp

Multi-Utilities · contribution

-0.011 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 2026 · 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	$183.0bn	0.318%	+0.036 pp	+0.010 pp	+30.1%	Yes
Consolidated Edison → ED	United States	$40.8bn	0.071%	+0.011 pp	-0.007 pp	+13.9%	Yes
DTE Energy → DTE	United States	$31.7bn	0.055%	+0.011 pp	-0.004 pp	+18.9%	Yes
CMS Energy → CMS	United States	$23.6bn	0.041%	+0.006 pp	-0.004 pp	+13.8%	Yes
Xcel Energy → XEL	United States	$50.1bn	0.087%	+0.015 pp	+0.002 pp	+21.6%	Yes
PG&E Corporation → PCG	United States	$45.1bn	0.078%	+0.010 pp	-0.002 pp	+21.9%	Yes
CenterPoint Energy → CNP	United States	$28.8bn	0.050%	+0.009 pp	-0.002 pp	+22.6%	Yes
Ameren → AEE	United States	$31.3bn	0.054%	+0.010 pp	-0.002 pp	+21.1%	Yes
NiSource → NI	United States	$22.8bn	0.040%	+0.007 pp	-0.001 pp	+21.0%	Yes
Sempra → SRE	United States	$60.6bn	0.105%	+0.013 pp	-0.001 pp	+25.9%	Yes
Pinnacle West Capital → PNW	United States	$13.0bn	0.023%	+0.005 pp	-0.001 pp	+24.3%	Yes
Dominion Energy → D	United States	$60.1bn	0.104%	+0.025 pp	+0.000 pp	+26.2%	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.