PUI vs. UTES
Compare and contrast key facts about Invesco DWA Utilities Momentum ETF (PUI) and Virtus Reaves Utilities ETF (UTES).
PUI and UTES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PUI is a passively managed fund by Invesco that tracks the performance of the DWA Utilities Technical Leaders Index. It was launched on Oct 26, 2005. UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PUI or UTES.
Performance
PUI vs. UTES - Performance Comparison
Returns By Period
In the year-to-date period, PUI achieves a 32.21% return, which is significantly lower than UTES's 53.08% return.
PUI
32.21%
2.88%
16.49%
36.71%
6.82%
8.57%
UTES
53.08%
3.07%
25.06%
57.22%
13.46%
N/A
Key characteristics
| PUI | UTES | |
|---|---|---|
| Sharpe Ratio | 2.61 | 3.11 |
| Sortino Ratio | 3.59 | 4.12 |
| Omega Ratio | 1.46 | 1.52 |
| Calmar Ratio | 1.99 | 3.94 |
| Martin Ratio | 15.03 | 18.90 |
| Ulcer Index | 2.43% | 3.04% |
| Daily Std Dev | 13.98% | 18.44% |
| Max Drawdown | -43.20% | -35.39% |
| Current Drawdown | 0.00% | -0.55% |
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PUI vs. UTES - Expense Ratio Comparison
PUI has a 0.60% expense ratio, which is higher than UTES's 0.49% expense ratio.
Correlation
The correlation between PUI and UTES is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
PUI vs. UTES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Utilities Momentum ETF (PUI) 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.
Dividends
PUI vs. UTES - Dividend Comparison
PUI's dividend yield for the trailing twelve months is around 1.97%, more than UTES's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PUI Invesco DWA Utilities Momentum ETF | 1.97% | 2.36% | 2.16% | 2.04% | 2.42% | 2.02% | 1.88% | 2.98% | 3.35% | 2.82% | 2.13% | 2.53% |
UTES Virtus Reaves Utilities ETF | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.16% | 2.81% | 3.28% | 0.61% | 0.00% | 0.00% |
Drawdowns
PUI vs. UTES - Drawdown Comparison
The maximum PUI drawdown since its inception was -43.20%, which is greater than UTES's maximum drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for PUI and UTES. For additional features, visit the drawdowns tool.
Volatility
PUI vs. UTES - Volatility Comparison
The current volatility for Invesco DWA Utilities Momentum ETF (PUI) is 4.60%, while Virtus Reaves Utilities ETF (UTES) has a volatility of 7.02%. This indicates that PUI 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.