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

Latest available · not live

20182026

Universe›Utilities›Multi-Utilities›Multi-Utilities

1 · Sector

Weight and 12M allocation change

Information Technology43.1%+4.93 pp Energy3.8%+1.55 pp Health Care10.6%+0.26 pp Materials1.9%-0.22 pp Communication Services2.1%-0.27 pp Real Estate1.8%-0.35 pp Industrials9.1%-0.58 pp Utilities2.1%-0.61 pp Consumer Staples5.4%-0.78 pp Consumer Discretionary10.3%-1.78 pp Financials9.7%-2.16 pp

2 · Industry

Inside Utilities

Electric Utilities1.12%-0.35 pp Multi-Utilities0.85%-0.21 pp Independent Power Producers & Energy Traders0.05%-0.03 pp Water Utilities0.04%-0.01 pp Gas Utilities0.04%-0.01 pp

3 · Sub-industry

Inside Multi-Utilities

Multi-Utilities0.85%-0.209 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Multi-Utilities · weight

0.85%

Industry change · 12M

-0.21 pp

Multi-Utilities · contribution

-0.209 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$157.9bn	0.265%	-0.053 pp	-0.046 pp	+3.2%	No
Sempra → SRE	United States	$51.0bn	0.086%	-0.020 pp	-0.032 pp	-10.1%	No
PG&E Corporation → PCG	United States	$32.8bn	0.055%	-0.023 pp	-0.026 pp	-17.7%	No
Xcel Energy → XEL	United States	$44.0bn	0.074%	-0.013 pp	-0.022 pp	-9.9%	No
DTE Energy → DTE	United States	$25.3bn	0.043%	-0.013 pp	-0.016 pp	-10.9%	No
Dominion Energy → D	United States	$53.2bn	0.089%	-0.015 pp	-0.015 pp	+3.2%	No
CMS Energy → CMS	United States	$19.8bn	0.033%	-0.008 pp	-0.011 pp	-11.2%	No
Ameren → AEE	United States	$27.5bn	0.046%	-0.008 pp	-0.010 pp	-2.1%	No
CenterPoint Energy → CNP	United States	$24.1bn	0.040%	-0.010 pp	-0.010 pp	-3.0%	No
NiSource → NI	United States	$18.7bn	0.031%	-0.008 pp	-0.009 pp	-7.5%	No
Consolidated Edison → ED	United States	$37.7bn	0.063%	-0.008 pp	-0.009 pp	+5.1%	No
Pinnacle West Capital → PNW	United States	$11.3bn	0.019%	-0.004 pp	-0.002 pp	+7.8%	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.