UTES

Reaves Utilities ETF
D

85
*Unless otherwise stated, data provided by FactSet.

UTES Fund Description

The Reaves Utilities ETF is an actively managed ETF that holds US-listed utility stocks. UTES' managers aim to outperform the sector by selecting and weighting stocks based on fundamental, growth and risk metrics.

UTES Factset Analytics Insight

UTES, launched in September 2015, is the first and only ETF offering active exposure to utility stocks. Active exposure is rare in equity ETFs and especially so among sector funds. The managers will use fundamental, growth, and risk-based metrics looking to outperform the broader sector from a total return perspective. Examples of the metrics include capital structure, historical earnings growth and share price volatility. Dividends are a factor too, but the fund does not appear to be yield-focused despite its dividend-heavy sector. UTES’ fee is in line with its tiny peer group of active sector ETFs, but much higher than peer market-cap-weighted ETFs like VPU and XLU. Reaves Asset Management manages the portfolio day to day—the firm is new to ETFs but runs utilities-oriented mutual funds and SMAs.

UTES MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 17, 2018 the Reaves Utilities ETF MSCI ESG Fund Quality Score is 6.77 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. UTES ranks in the 79th percentile within its peer group and in the 89th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

UTES CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/15/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UTES -1.78% 1.67% -3.17% -4.16% -- -- --
UTES (NAV) 0.53% 3.15% -1.63% -2.84% -- -- --
No Underlying Index -- -- -- -- -- -- --
Thomson Reuters US Utilities -1.01% 0.83% -4.04% -3.35% 8.52% 8.51% 6.46%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UTES Top 10 Countries

UTES Top 10 Sectors

UTES Top 10 Holdings [View All]

UTES Summary Data

Virtus
Reaves
09/23/15
Open-Ended Fund
0.95%
$12.67M
$27.25K
0.21%

UTES Portfolio Data

$25.30B
20.49
1.96
2.89%
N/A
24

UTES Index Data

No Underlying Index
Proprietary
Proprietary
Thomson Reuters US Utilities

UTES Portfolio Management

0.95%
--
--
--

UTES Tax Exposures

20.00% / 39.60%
0.55%
Qualified dividends
No

UTES Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UTES Factset Analytics Block Liquidity

As of 06/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UTES. UTES is rated a 4 out of 5.

UTES Tradability

613
$27.25K
18
$4.99K
0.21%
$0.07
-0.08%
2.48% / -2.00%
None
100.00%
50,000
0.00
0.03%
0.20%
--
$31.87
4

UTES Sector/Industry Breakdown


UTES
Segment Benchmark
57.16%
77.30%
20.19%
13.11%
9.89%
6.15%
5.40%
3.32%
4.55%
--

UTES TOP 10 HOLDINGS[View All]

15.54%
8.59%
5.19%
4.97%
4.97%
4.76%
4.58%
4.55%
4.54%
4.43%
62.12%

UTES Countries


UTES
Segment Benchmark
97.19%
100.00%
2.81%
--

UTES Regions


UTES
Segment Benchmark
97.19%
100.00%
2.81%
--

UTES Economic Development


UTES
Segment Benchmark
100.00%
100.00%

UTES Performance Statistics

0.94
0.95
0.91
0.96
0.18%
Thomson Reuters US Utilities

UTES MSCI ESG Ratings

6.77 / 10
78.82
88.93
41.55%
11.73%
1,921.96

UTES BENCHMARK COMPARISON HOLDINGS

24
70
21
38.47%

UTES BENCHMARK COMPARISON SUMMARY


UTES
Segment Benchmark
24
70
$25.30B
$30.22B
20.49
21.35
1.96
1.89
3.15%
3.45%
--
--

UTES BENCHMARK COMPARISON MARKET CAP SIZE


UTES
Segment Benchmark
65.09%
75.83%
22.02%
21.39%
12.89%
2.74%
0.00%
0.04%