Virtus Reaves Utilities ETF
$77.12+0.56 (+0.73%)
- 0.49%
- $1.2B
- −8.0%
- 1.60%
- 0.2M sh
- $76.50
- low $69.45high $88.43
The ETF.net UTES Grade
B
Score 67 out of 100
- 5 of 35
Score 67 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 100Rank 8 of 35Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 28 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A94 out of 100Rank 2 of 35Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 28 of 35Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 3 of 35
Our read on UTES
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.
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
- Other
- 19
- 72%
- CEG
Sectors
- Utilities100.0%
Geography
- United States100.00%
UTES Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UTES$9,201
Returns run to the Oct 12, 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.
| Period | UTES |
|---|---|
| Year to date | −2.0% |
| 1 month | +2.5% |
| 3 months | −5.7% |
| 1 year | −8.0% |
| 3 years | +24.8% |
| 5 years | +14.9% |
| 10 years | +12.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UTES |
|---|---|---|
| 2026 YTD | −2.0% | |
| 2025 | +25.7% | |
| 2024 | +45.3% | |
| 2023 | −2.4% | |
| 2022 | +0.8% | |
| 2021 | +20.7% | |
| 2020 | −0.3% |
UTES in the news
UTES Dividends
- 1.60%
- $1.23
- $0.26 per share
- Quarterly
Distribution history
UTES Risk
- 19.6%
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.
- 0.85
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.
- −20.4%
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.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UTES Cost
0.49%
UTES0.49%
- The middle half of US Active Sector funds
- Median 0.65%
7 of the 35 US Active Sector funds charge less.
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