PGZ vs. UTG
PGZ (Principal Real Estate Income Fund) 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, PGZ returned 4.49%/yr vs 10.06%/yr for UTG. At a 0.36 correlation, their price movements are largely independent.
Performance
PGZ vs. UTG - Performance Comparison
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Returns By Period
In the year-to-date period, PGZ achieves a 9.27% return, which is significantly lower than UTG's 14.11% return. Over the past 10 years, PGZ has underperformed UTG with an annualized return of 4.49%, while UTG has yielded a comparatively higher 10.06% annualized return.
PGZ
- 1D
- 0.19%
- 1M
- 2.37%
- 6M
- 7.66%
- YTD
- 9.27%
- 1Y
- 11.02%
- 3Y*
- 15.49%
- 5Y*
- 3.36%
- 10Y*
- 4.49%
UTG
- 1D
- -0.17%
- 1M
- 0.43%
- 6M
- 13.74%
- YTD
- 14.11%
- 1Y
- 19.73%
- 3Y*
- 21.81%
- 5Y*
- 10.81%
- 10Y*
- 10.06%
PGZ vs. UTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGZ Principal Real Estate Income Fund | 9.27% | 14.50% | 17.99% | 4.05% | -27.98% | 38.70% | -36.50% | 36.77% | 3.92% | 18.23% |
UTG Reaves Utility Income Trust | 14.11% | 23.24% | 28.10% | 2.84% | -13.38% | 14.26% | -5.25% | 33.65% | 1.84% | 6.74% |
Correlation
The correlation between PGZ and UTG is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2013 | 0.36 |
The correlation between PGZ and UTG shifts across timeframes, from 0.24 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PGZ:
$68.82M
UTG:
$3.73B
PGZ:
$4.06
UTG:
$22.08
PGZ:
2.53
UTG:
1.85
PGZ:
0.09
UTG:
0.01
PGZ:
6.52
UTG:
6.97
PGZ:
0.91
UTG:
0.93
PGZ:
$10.56M
UTG:
$532.00M
PGZ:
$3.00M
UTG:
$478.68M
PGZ:
$31.08M
UTG:
$2.08B
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Return for Risk
PGZ vs. UTG — Risk / Return Rank
PGZ
UTG
PGZ vs. UTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Real Estate Income Fund (PGZ) 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.
| PGZ | UTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.71 | -0.56 |
| Martin ratioReturn relative to average drawdown | 4.26 | 3.57 | +0.69 |
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Drawdowns
PGZ vs. UTG - Drawdown Comparison
The maximum PGZ drawdown since its inception was -53.58%, smaller than the maximum UTG drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for PGZ and UTG.
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Drawdown Indicators
| PGZ | UTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.58% | -67.77% | +14.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -11.59% | +1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -10.56% | -15.03% | +4.47% |
Max Drawdown (5Y)Largest decline over 5 years | -35.34% | -26.54% | -8.80% |
Max Drawdown (10Y)Largest decline over 10 years | -53.58% | -47.91% | -5.67% |
Current DrawdownCurrent decline from peak | -6.91% | -5.77% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -16.07% | -8.72% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 5.53% | -2.89% |
Volatility
PGZ vs. UTG - Volatility Comparison
The current volatility for Principal Real Estate Income Fund (PGZ) is 3.79%, while Reaves Utility Income Trust (UTG) has a volatility of 6.34%. This indicates that PGZ 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
| PGZ | UTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 6.34% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 13.79% | -4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 17.67% | -7.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 17.06% | -2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.79% | 21.67% | +0.12% |
Dividends
PGZ vs. UTG - Dividend Comparison
PGZ's dividend yield for the trailing twelve months is around 12.26%, more than UTG's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGZ Principal Real Estate Income Fund | 12.26% | 12.59% | 12.75% | 13.33% | 11.86% | 6.32% | 10.34% | 6.25% | 7.98% | 9.51% | 10.90% | 10.40% |
UTG Reaves Utility Income Trust | 5.89% | 6.42% | 7.19% | 8.53% | 8.07% | 6.35% | 6.59% | 5.69% | 6.86% | 6.21% | 9.02% | 6.86% |
Financials
PGZ vs. UTG - Financials Comparison
This section allows you to compare key financial metrics between Principal Real Estate Income Fund 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
PGZ and UTG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UTG has higher volatility (6.34%) compared to PGZ (3.79%). In terms of maximum drawdown, PGZ dropped -53.58% vs UTG's -67.77%.
UTG currently has the higher Sharpe Ratio (1.12 vs 1.06), 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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