MAIN vs. UTG
MAIN (Main Street Capital Corporation) and UTG (Reaves Utility Income Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, MAIN returned 13.19%/yr vs 10.23%/yr for UTG. At a 0.28 correlation, their price movements are largely independent.
Performance
MAIN vs. UTG - Performance Comparison
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Returns By Period
In the year-to-date period, MAIN achieves a -10.97% return, which is significantly lower than UTG's 13.63% return. Over the past 10 years, MAIN has outperformed UTG with an annualized return of 13.19%, while UTG has yielded a comparatively lower 10.23% annualized return.
MAIN
- 1D
- 0.54%
- 1M
- 2.49%
- YTD
- -10.97%
- 6M
- -12.92%
- 1Y
- -3.94%
- 3Y*
- 18.74%
- 5Y*
- 12.76%
- 10Y*
- 13.19%
UTG
- 1D
- 1.59%
- 1M
- -4.80%
- YTD
- 13.63%
- 6M
- 13.46%
- 1Y
- 23.56%
- 3Y*
- 22.50%
- 5Y*
- 10.71%
- 10Y*
- 10.23%
MAIN vs. UTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | -10.97% | 10.74% | 47.30% | 28.22% | -11.37% | 48.31% | -19.54% | 36.88% | -8.27% | 16.62% |
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 MAIN and UTG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2007 | 0.28 |
The correlation between MAIN and UTG shifts across timeframes, from 0.18 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MAIN:
$4.72B
UTG:
$3.66B
MAIN:
$5.22
UTG:
$18.20
MAIN:
9.97
UTG:
2.24
MAIN:
1.14
UTG:
0.01
MAIN:
6.63
UTG:
6.97
MAIN:
1.52
UTG:
1.04
MAIN:
$704.17M
UTG:
$525.39M
MAIN:
$499.08M
UTG:
$228.88M
MAIN:
$396.90M
UTG:
$1.71B
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Return for Risk
MAIN vs. UTG — Risk / Return Rank
MAIN
UTG
MAIN vs. UTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Street Capital Corporation (MAIN) 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.
| MAIN | UTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.24 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 2.04 | -2.22 |
| Martin ratioReturn relative to average drawdown | -0.35 | 4.45 | -4.80 |
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Drawdowns
MAIN vs. UTG - Drawdown Comparison
The maximum MAIN drawdown since its inception was -64.53%, roughly equal to the maximum UTG drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for MAIN and UTG.
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Drawdown Indicators
| MAIN | UTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.53% | -67.77% | +3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -22.43% | -11.59% | -10.84% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | -15.03% | -7.40% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -26.54% | -0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -64.53% | -47.91% | -16.62% |
Current DrawdownCurrent decline from peak | -18.28% | -6.18% | -12.10% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -8.74% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.18% | 5.31% | +5.87% |
Volatility
MAIN vs. UTG - Volatility Comparison
The current volatility for Main Street Capital Corporation (MAIN) is 5.82%, while Reaves Utility Income Trust (UTG) has a volatility of 6.31%. This indicates that MAIN 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
| MAIN | UTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 6.31% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 20.12% | 13.12% | +7.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.84% | 16.96% | +7.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.57% | 16.87% | +4.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.30% | 21.61% | +5.69% |
Dividends
MAIN vs. UTG - Dividend Comparison
MAIN's dividend yield for the trailing twelve months is around 8.25%, more than UTG's 5.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 8.25% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
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
MAIN vs. UTG - Financials Comparison
This section allows you to compare key financial metrics between Main Street Capital Corporation 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
MAIN and UTG have a correlation of 0.18, 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 MAIN (5.82%). In terms of maximum drawdown, MAIN dropped -64.53% vs UTG's -67.77%.
UTG currently has the higher Sharpe Ratio (1.40 vs -0.16), 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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