DX vs. UTG
DX (Dynex Capital, Inc.) and UTG (Reaves Utility Income Trust) are both stocks. DX operates in REIT - Mortgage (Real Estate), while UTG operates in Asset Management (Financial Services). Over the past 10 years, DX returned 7.67%/yr vs 10.23%/yr for UTG. At a 0.26 correlation, their price movements are largely independent.
Performance
DX vs. UTG - Performance Comparison
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Returns By Period
In the year-to-date period, DX achieves a -0.46% return, which is significantly lower than UTG's 13.63% return. Over the past 10 years, DX has underperformed UTG with an annualized return of 7.67%, while UTG has yielded a comparatively higher 10.23% annualized return.
DX
- 1D
- 0.23%
- 1M
- 1.03%
- YTD
- -0.46%
- 6M
- 3.07%
- 1Y
- 22.92%
- 3Y*
- 17.14%
- 5Y*
- 3.88%
- 10Y*
- 7.67%
UTG
- 1D
- 1.59%
- 1M
- -3.02%
- YTD
- 13.63%
- 6M
- 13.46%
- 1Y
- 23.88%
- 3Y*
- 22.50%
- 5Y*
- 10.71%
- 10Y*
- 10.23%
DX vs. UTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DX Dynex Capital, Inc. | -0.46% | 29.48% | 13.64% | 11.91% | -15.39% | 2.25% | 17.09% | 11.12% | -8.46% | 13.80% |
UTG Reaves Utility Income Trust | 13.63% | 23.24% | 28.10% | 2.84% | -13.38% | 14.26% | -5.25% | 33.65% | 1.84% | 6.74% |
Correlation
The correlation between DX and UTG is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2004 | 0.26 |
The correlation between DX and UTG shifts across timeframes, from 0.19 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DX:
$2.59B
UTG:
$3.66B
DX:
$1.59
UTG:
$18.20
DX:
8.12
UTG:
2.24
DX:
2.82
UTG:
6.97
DX:
0.99
UTG:
1.04
DX:
$695.85M
UTG:
$525.39M
DX:
$695.85M
UTG:
$228.88M
DX:
$900.29M
UTG:
$1.71B
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Return for Risk
DX vs. UTG — Risk / Return Rank
DX
UTG
DX vs. UTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynex Capital, Inc. (DX) and Reaves Utility Income Trust (UTG). 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.
| DX | UTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 2.04 | -0.60 |
| Martin ratioReturn relative to average drawdown | 4.41 | 4.45 | -0.04 |
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Drawdowns
DX vs. UTG - Drawdown Comparison
The maximum DX drawdown since its inception was -99.12%, which is greater than UTG's maximum drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for DX and UTG.
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Drawdown Indicators
| DX | UTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.12% | -67.77% | -31.35% |
Max Drawdown (1Y)Largest decline over 1 year | -15.27% | -11.59% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -25.81% | -15.03% | -10.78% |
Max Drawdown (5Y)Largest decline over 5 years | -38.08% | -26.54% | -11.54% |
Max Drawdown (10Y)Largest decline over 10 years | -56.76% | -47.91% | -8.85% |
Current DrawdownCurrent decline from peak | -31.87% | -6.18% | -25.69% |
Average DrawdownAverage peak-to-trough decline | -56.79% | -8.74% | -48.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 5.31% | -0.32% |
Volatility
DX vs. UTG - Volatility Comparison
The current volatility for Dynex Capital, Inc. (DX) is 5.24%, while Reaves Utility Income Trust (UTG) has a volatility of 6.31%. This indicates that DX experiences smaller price fluctuations and is considered to be less risky than UTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DX | UTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 6.31% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.72% | 13.12% | +0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 16.96% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.88% | 16.87% | +7.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.88% | 21.61% | +8.27% |
Dividends
DX vs. UTG - Dividend Comparison
DX's dividend yield for the trailing twelve months is around 15.78%, more than UTG's 5.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DX Dynex Capital, Inc. | 15.78% | 14.13% | 11.46% | 12.46% | 12.26% | 9.34% | 9.33% | 11.87% | 12.59% | 10.27% | 12.32% | 15.12% |
UTG Reaves Utility Income Trust | 5.86% | 6.42% | 7.19% | 8.53% | 8.07% | 6.35% | 6.59% | 5.69% | 6.86% | 6.21% | 9.02% | 6.86% |
Financials
DX vs. UTG - Financials Comparison
This section allows you to compare key financial metrics between Dynex Capital, Inc. and Reaves Utility Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
DX and UTG have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UTG has higher volatility (6.31%) compared to DX (5.24%). In terms of maximum drawdown, DX dropped -99.12% vs UTG's -67.77%.
UTG currently has the higher Sharpe Ratio (1.40 vs 1.24), 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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