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›Water Utilities›Water Utilities

1 · Sector

Weight and 12M allocation change

Information Technology40.9%+4.04 pp Energy3.9%+1.55 pp Health Care10.6%+0.01 pp Communication Services2.3%-0.19 pp Materials2.0%-0.23 pp Real Estate1.9%-0.31 pp Industrials9.3%-0.48 pp Utilities2.2%-0.48 pp Consumer Staples5.5%-0.92 pp Consumer Discretionary10.8%-1.27 pp Financials10.5%-1.72 pp

2 · Industry

Inside Utilities

Electric Utilities1.17%-0.29 pp Multi-Utilities0.90%-0.14 pp Independent Power Producers & Energy Traders0.06%-0.02 pp Water Utilities0.05%-0.01 pp Gas Utilities0.05%-0.01 pp

3 · Sub-industry

Inside Water Utilities

Water Utilities0.05%-0.012 pp

Concentrated

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

View all contributions →

Water Utilities · weight

0.05%

Industry change · 12M

-0.01 pp

Water Utilities · contribution

-0.012 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
American Water Works → AWK	United States	$27.5bn	0.046%	+0.004 pp	-0.012 pp	-1.1%	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.