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UTES

GradeBNew York Stock Exchange Arca

Virtus Reaves Utilities ETF

Virtus · Inception 2015-09-23

$70.42−0.77 (−1.07%)

As of Sep 23, 2026, 3:05 PM EDT

Intraday session: down, 68 prints from 71.18 to 70.42. Range 70.11 to 70.76. Use the arrow keys to read each point.$70.20$70.60$70.8010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$1.3B
1Y return
−3.8%
Yield · Last 12 months
Data unavailable
Holdings
198
Volume · 30D
0.2M sh
NAV per share
$78.38
52W range
low $74.60high $88.43

The ETF.net UTES Grade

B

60/ 100

Confidence Medium

Six-pillar profile for UTES. Scores out of 100: Cost 69, Risk 24, Mission not scored, Tradability 85, Holdings 39, Durability 87. Strongest: Durability (87). Weakest: Risk (24). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 69
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 24
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 85
    —

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 39
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 87
    —

Graded as of Aug 18, 2026 · Based on 5 of 6 pillars

Our read on UTES

ETF.net Research

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

  1. 01Real stock picking in a quiet sector: a value-based, bottom-up process hunting utility names with room for income growth and capital appreciation.
  2. 02The 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.
  3. 03Live 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.
  4. 04Pays on a quarterly schedule, matching a mandate that chases total return from both capital appreciation and income.

Worth knowing

  1. 01At least 80% of assets sit in companies tied to generating or distributing electricity, gas or water. This is one sector, not the whole market.
  2. 02Cheap for active, pricey next to the broad index-style leaders in its cohort such as DFAU (0.12%) and AVLC (0.15%).
  3. 03No declared index behind it. The portfolio reflects the manager's judgment, so there's no benchmark to grade tracking against.

UTES Holdings

As of Aug 19, 2026, 3:00 AM
Asset class
Other
Holdings
198
Top-10 weight
70%
Largest holding
CEG11.8%

Sectors

  • Utilities100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CEGConstellation Energy Corp11.80%—$154M283
002TLNTalen Energy Corp11.48%—$150M139
003VSTVistra Corp9.83%—$129M255
004XELXcel Energy Inc7.18%—$94M252
005CNPCenterPoint Energy Inc6.43%—$84M214
006ETREntergy Corp4.74%—$62M257
007NINiSource Inc4.73%—$62M236
008LNTAlliant Energy Corp4.73%—$62M215
009AEPAmerican Electric Power Co Inc4.71%—$62M273
010IDAIDACORP Inc4.60%—$60M143
011WECWEC Energy Group Inc4.35%—$57M235
012NRGNRG Energy Inc4.02%—$53M242
013AEEAmeren Corp4.00%—$52M233
014NEENextEra Energy Inc3.99%—$52M313
015DTEDTE Energy Co3.94%—$52M234

Showing 1–15 of 19 holdings

UTES Performance

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

Performance data is unavailable.

Returns run to the last market 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 dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

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 return data is unavailable.

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 unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

UTES Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
—
No data available
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.
0.77
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.

UTES Cost

Expense Ratio
0.49%