BILT vs. UTES
BILT (iShares Infrastructure Active ETF) and UTES (Virtus Reaves Utilities ETF) are both exchange-traded funds - BILT is a Infrastructure Equities fund actively managed by iShares, while UTES is a Utilities Equities fund actively managed by Virtus. Both are actively managed. Over the past year, BILT returned 17.98% vs -3.98% for UTES. Their 0.49 correlation means their historical movements had little consistent relationship. 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 14.30% return, which is significantly higher than UTES's -1.07% return.
BILT
- 1D
- 0.11%
- 1M
- -1.05%
- 6M
- 8.99%
- YTD
- 14.30%
- 1Y
- 17.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.07%
UTES
- 1D
- -0.03%
- 1M
- -4.28%
- 6M
- 0.59%
- YTD
- -1.07%
- 1Y
- -3.98%
- 3Y*
- 21.10%
- 5Y*
- 14.97%
- 10Y*
- 11.78%
- ALL TIME*
- 13.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.38M | $1.70M | $1.65M | |
| $11.16M | $10.04M | $13.72M |
BILT vs. UTES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BILT iShares Infrastructure Active ETF | 14.30% | 4.16% |
UTES Virtus Reaves Utilities ETF | -1.07% | -2.40% |
Correlation
The correlation between BILT and UTES is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025 | 0.49 |
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Return for Risk
BILT vs. UTES — Risk / Return Rank
BILT
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 | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.98 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | -0.31 | +3.83 |
| Martin ratioReturn relative to average drawdown | 10.60 | -0.65 | +11.24 |
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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 | -5.38% | -13.88% | +8.50% |
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 | -2.25% | -10.30% | +8.05% |
Average DrawdownAverage peak-to-trough decline | -1.36% | -5.54% | +4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 6.72% | -4.94% |
Volatility
BILT vs. UTES - Volatility Comparison
The current volatility for iShares Infrastructure Active ETF (BILT) is 3.10%, while Virtus Reaves Utilities ETF (UTES) has a volatility of 5.50%. This indicates that BILT experiences smaller price fluctuations and is considered to be less risky than UTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BILT | UTES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 5.50% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 8.44% | 16.19% | -7.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 21.39% | -11.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.31% | 20.74% | -10.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.31% | 20.26% | -9.95% |
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 5.70%, more than UTES's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILT iShares Infrastructure Active ETF | 5.70% | 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 | 1.53% | 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 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UTES has higher volatility (5.50%) compared to BILT (3.10%). In terms of maximum drawdown, BILT dropped -5.38% vs UTES's -35.39%.
On 1-year performance, BILT leads with 17.98% vs -3.98% for UTES. On fees, UTES is cheaper at 0.49% per year. On volatility, BILT has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BILT has performed better with a 17.98% return vs -3.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UTES is cheaper with a 0.49% expense ratio, compared with 0.60% for BILT.
BILT has the higher dividend yield at 5.70%, compared with 1.53% for UTES.
BILT is categorized as Infrastructure Equities, while UTES is Utilities Equities. They also come from different issuers: iShares and Virtus. Their fees differ too: 0.60% for BILT and 0.49% for UTES.
BILT currently has the higher Sharpe Ratio (1.84 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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