UTES

Virtus Reaves Utilities ETF
*Unless otherwise stated, data provided by FactSet.

UTES Fund Description

UTES 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, offers active exposure to utility stocks. Active exposure is rare in equity ETFs and especially so among sector funds. The managers 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 slashed its fee in April 2019. 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

Virtus Reaves Utilities ETF has an MSCI ESG Fund Rating of A based on a score of 7.00 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Virtus Reaves Utilities ETF ranks in the 86th percentile within its peer group and in the 76th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

UTES Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 11/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UTES -1.87% 1.62% 21.66% 16.65% 15.01% -- --
UTES (NAV) -1.76% 1.66% 21.48% 16.72% 14.95% -- --
No Underlying Index -- -- -- -- -- -- --
Thomson Reuters US Utilities -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UTES Summary Data

Virtus
Reaves
09/23/15
Open-Ended Fund
0.49%
$29.99M
$294.39K
0.17%

UTES Portfolio Data

$38.11B
29.17
2.44
1.89%
N/A
28

UTES Index Data

No Underlying Index
Proprietary
Proprietary
Thomson Reuters US Utilities

UTES Portfolio Management

0.49%
--
--
--

UTES Tax Exposures

20.00% / 39.60%
0.56%
Qualified dividends
No

UTES Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

UTES Factset Analytics Block Liquidity

As of 11/21/19
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

7,243
$294.39K
4,464
$183.64K
0.17%
$0.07
0.06%
0.86% / -2.06%
None
100.00%
50,000
0.09
0.03%
0.16%
0
$40.24
4

UTES Sector/Industry Breakdown


UTES
Segment Benchmark
67.65%
77.98%
17.75%
13.37%
11.18%
4.77%
3.42%
3.88%

UTES Top 10 Holdings[View All]

4.77%
60.94%

UTES Countries


UTES
Segment Benchmark
96.52%
100.00%
3.48%
--

UTES Regions


UTES
Segment Benchmark
100.00%
100.00%

UTES Economic Development


UTES
Segment Benchmark
100.00%
100.00%

UTES Performance Statistics

0.97
0.96
0.96
0.99
0.15%
Thomson Reuters US Utilities

UTES MSCI ESG Ratings

A
7.00 / 10
76.32
86.36
48.94%
9.74%
--

UTES Benchmark Comparison Holdings

28
65
23
49.44%

UTES Benchmark Comparison Summary


UTES
Segment Benchmark
28
65
$38.11B
$43.12B
29.17
33.37
2.44
2.28
2.58%
2.95%
High
High

UTES Benchmark Comparison Market Cap Size


UTES
Segment Benchmark
77.68%
82.66%
20.81%
15.75%
1.51%
1.59%
0.00%
0.00%