BILT vs. UTES
BILT (iShares Infrastructure Active ETF) and UTES (Virtus Reaves Utilities ETF) are both Utilities Equities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. BILT charges 0.60%/yr vs 0.49%/yr for UTES.
Performance
BILT vs. UTES - Performance Comparison
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Returns By Period
In the year-to-date period, BILT achieves a 12.98% return, which is significantly higher than UTES's 5.53% return.
BILT
- 1D
- 0.41%
- 1M
- -1.21%
- YTD
- 12.98%
- 6M
- 13.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UTES
- 1D
- 0.95%
- 1M
- 1.74%
- YTD
- 5.53%
- 6M
- 5.66%
- 1Y
- 13.65%
- 3Y*
- 24.73%
- 5Y*
- 17.31%
- 10Y*
- 12.78%
BILT vs. UTES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BILT iShares Infrastructure Active ETF | 12.98% | 4.16% |
UTES Virtus Reaves Utilities ETF | 5.53% | -2.40% |
Correlation
The correlation between BILT and UTES is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025 | 0.47 |
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Return for Risk
BILT vs. UTES — Risk / Return Rank
BILT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UTES
BILT vs. UTES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Infrastructure Active ETF (BILT) and Virtus Reaves Utilities ETF (UTES). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BILT | UTES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.12 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.99 | — |
| Martin ratioReturn relative to average drawdown | — | 2.15 | — |
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Drawdowns
BILT vs. UTES - Drawdown Comparison
The maximum BILT drawdown since its inception was -5.38%, smaller than the maximum UTES drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for BILT and UTES.
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Drawdown Indicators
| BILT | UTES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.38% | -35.39% | +30.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.88% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.39% | — |
Current DrawdownCurrent decline from peak | -1.85% | -4.32% | +2.47% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -5.53% | +4.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.35% | — |
Volatility
BILT vs. UTES - Volatility Comparison
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Volatility by Period
| BILT | UTES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.78% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.29% | 21.52% | -11.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.29% | 20.64% | -10.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.29% | 20.21% | -9.92% |
BILT vs. UTES - Expense Ratio Comparison
BILT has a 0.60% expense ratio, which is higher than UTES's 0.49% expense ratio.
Dividends
BILT vs. UTES - Dividend Comparison
BILT's dividend yield for the trailing twelve months is around 5.77%, more than UTES's 1.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILT iShares Infrastructure Active ETF | 5.77% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UTES Virtus Reaves Utilities ETF | 1.44% | 1.42% | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.09% | 3.44% | 3.53% | 0.61% |
Frequently Asked Questions
BILT and UTES have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UTES is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UTES is cheaper with a 0.49% expense ratio, compared with 0.60% for BILT.
BILT has the higher dividend yield at 5.77%, compared with 1.44% for UTES.
They also come from different issuers: iShares and Virtus Investment Partners. Their fees differ too: 0.60% for BILT and 0.49% for UTES.
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