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Launched · SEC filings

Virtus Reaves Utilities ETF

UTESNYSE ArcaVirtusB

$76.30−0.34 (−0.44%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 5 of 35 in US Active Sector

B66/100Rank 5 of 35inUS Active Sector
Intraday session: down, 79 prints from 76.64 to 76.30. Range 76.30 to 76.89. Use the arrow keys to read each point.76.4076.5076.8076.9010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$1.16B
1Y total return
−7.2%
Yield · Last 12 months
1.61%
Holdings
19
Avg volume · 30D
158K sh
52W range
low $69.45high $85.83
Launched
Filings
SEC EDGAR

The ETF.net UTES Grade

Based on 5 of 6 pillars

B

Score 66 out of 100

Category
US Active Sector⁠
Rank
5 of 35
Six-pillar profile for UTES. Scores out of 100: Cost 79, Risk 30, Mission not scored, Tradability 91, Holdings 39, Durability 85. Strongest: Tradability (91). Weakest: Risk (30). Based on 5 of 6 pillars.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A79 out of 100
    Rank 8 of 35

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 27 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A91 out of 100
    Rank 2 of 35

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D39 out of 100
    Rank 28 of 35

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A85 out of 100
    Rank 3 of 35

Our read on UTES

ETF.net Research

In short

BUtilities, but stock-picked. UTES has run an active, value-driven, bottom-up portfolio of electricity, gas and water companies since 2015, at a fee below what the typical active US equity ETF charges.

Stated mandate

The Fund seeks total return from capital appreciation and income.

Why people hold it

  • Real stock picking in a quiet sector: a value-based, bottom-up process hunting utility names with room for income growth and capital appreciation.
  • The 0.49% fee undercuts the 0.65% median for active US equity ETFs in its peer group, so the manager isn't digging out of a cost hole.
  • Live since 2015 and now a billion-dollar-plus fund that trades easily, it sits in the upper half of its active US equity peer group.
  • Pays on a quarterly schedule, matching a mandate that chases total return from both capital appreciation and income.

Worth knowing

  • At least 80% of assets sit in companies tied to generating or distributing electricity, gas or water. This is one sector, not the whole market.
  • Cheap for active, pricey next to the broad index-style leaders in its cohort such as DFAU (0.12%) and AVLC (0.15%).
  • No declared index behind it. The portfolio reflects the manager's judgment, so there's no benchmark to grade tracking against.

UTES Holdings

Holdings pillarD39 out of 100Rank 28 of 35 in US Active Sector
Asset class
Other
Holdings
19
Top-10 weight
70%
Largest holding
CEG11.3%

Sectors

  • Utilities100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1CEGConstellation Energy Corp11.31%500,852$131M376
2TLNTalen Energy Corp11.20%379,204$130M165
3VSTVistra Corp9.45%793,687$110M351
4XELXcel Energy Inc7.34%1,068,530$85.3M319
5CNPCenterPoint Energy Inc6.82%1,867,342$79.2M262
6LNTAlliant Energy Corp4.89%793,560$56.9M276
7ETREntergy Corp4.85%512,256$56.4M318
8NINiSource Inc4.85%1,264,712$56.4M280
9AEPAmerican Electric Power Co Inc4.84%432,219$56.3M346
10IDAIDACORP Inc4.76%380,834$55.4M160
11WECWEC Energy Group Inc4.64%464,502$53.9M285
12AEEAmeren Corp4.10%431,350$47.7M286
13NEENextEra Energy Inc3.93%545,673$45.7M416
14DTEDTE Energy Co3.84%329,334$44.6M283
15CMSCMS Energy Corp3.57%591,980$41.5M277

Showing 1–15 of 19 holdings

UTES Performance

Launched Sep 23, 2015

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UTES$9,282
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. UTES $9,282. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for UTES. Periods over one year show the average yearly return.
PeriodUTES
Year to date−2.3%
1 month+7.2%
3 months−1.3%
1 year−7.2%
3 yearsper year+22.7%
5 yearsper year+13.5%
10 yearsper year+12.4%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UTES
YearReturn barUTES
2026 YTD−2.3%
2025+25.7%
2024+45.3%
2023−2.4%
2022+0.8%
2021+20.7%
2020−0.3%

UTES in the news

UTES Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
1.61%Last 12 months
Payout per share
$1.23Last 12 months
Last payment
$0.26 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.12; Jun 20, 2017 $0.18; Sep 20, 2017 $0.18; Dec 20, 2017 $0.44; Mar 20, 2018 $0.13; Jun 20, 2018 $0.19; Sep 20, 2018 $0.19; Dec 20, 2018 $0.23; Mar 20, 2019 $0.14; Jun 20, 2019 $0.19; Sep 20, 2019 $0.20; Dec 20, 2019 $0.23; Mar 20, 2020 $0.16; Jun 22, 2020 $0.21; Sep 21, 2020 $0.22; Dec 21, 2020 $0.25; Mar 22, 2021 $0.18; Jun 21, 2021 $0.23; Sep 20, 2021 $0.24; Dec 20, 2021 $0.27; Mar 21, 2022 $0.20; Jun 21, 2022 $0.23; Sep 20, 2022 $0.26; Dec 20, 2022 $0.31; Mar 20, 2023 $0.23; Jun 20, 2023 $0.26; Sep 20, 2023 $0.27; Dec 20, 2023 $0.33; Mar 20, 2024 $0.26; Jun 20, 2024 $0.26; Sep 20, 2024 $0.17; Dec 20, 2024 $0.27; Mar 20, 2025 $0.26; Jun 20, 2025 $0.24; Sep 22, 2025 $0.22; Dec 22, 2025 $0.40; Mar 20, 2026 $0.32; Jun 22, 2026 $0.25; Sep 21, 2026 $0.26. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 28, 2026$0.26
Jun 22, 2026Jun 29, 2026$0.25
Mar 20, 2026Mar 27, 2026$0.32
Dec 22, 2025Dec 29, 2025$0.40
Sep 22, 2025Sep 29, 2025$0.22
Jun 20, 2025Jun 27, 2025$0.24
Mar 20, 2025Mar 25, 2025$0.26
Dec 20, 2024Dec 27, 2024$0.27
Sep 20, 2024Sep 27, 2024$0.17
Jun 20, 2024Jun 27, 2024$0.26
Mar 20, 2024Mar 26, 2024$0.26
Dec 20, 2023Dec 29, 2023$0.33

See all 44 payments⁠

$10,000 in UTES 10 years ago paid $3,298 in dividends.⁠

UTES Risk

Risk pillarD30 out of 100Rank 27 of 35 in US Active Sector
How much the fund’s monthly returns vary, scaled to a year.
20.0%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.96
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−20.4%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.74
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

UTES Cost

Compare UTES and TRUF

Overpaying vs TRUF, tied cheapest in US Active Sector

$7,686

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UTES 0.49%

    $9,792

  • TRUF 0.10% Tied cheapest

    $2,106

$10,000
30 years

Cost over time

  • UTES 0.49%
  • TRUF 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530UTES $9,792TRUF $2,106

Year by year

YearUTESTRUFOverpaying
10$883$183$700
20$3,394$717$2,677
30$9,792$2,106$7,686

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