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SSMG vs. UTES
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SSMG vs. UTES

Last updated Aug 5, 2026
Documentation

SSMG (Virtus Silvant Small/Mid Growth ETF) and UTES (Virtus Reaves Utilities ETF) are both exchange-traded funds - SSMG is a Mid Cap Growth Equities fund actively managed by Virtus, while UTES is a Utilities Equities fund actively managed by Virtus. Both are actively managed. Their 0.37 correlation means their historical movements had little consistent relationship. SSMG charges 0.39%/yr vs 0.49%/yr for UTES.

Performance

SSMG vs. UTES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Small/Mid Growth ETF (SSMG) and Virtus Reaves Utilities ETF (UTES). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

SSMG

1D
3.18%
1M
-0.84%
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

UTES

1D
-1.98%
1M
-4.82%
6M
0.97%
YTD
-1.63%
1Y
-6.49%
3Y*
22.00%
5Y*
14.18%
10Y*
11.91%
ALL TIME*
13.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

SSMG

Virtus Silvant Small/Mid Growth ETF
$5.89K$3.26K$5.76K

UTES

Virtus Reaves Utilities ETF
$11.81M$10.34M$13.84M

SSMG vs. UTES - Yearly Performance Comparison

2026 (YTD)
SSMG
Virtus Silvant Small/Mid Growth ETF		7.79%
UTES
Virtus Reaves Utilities ETF		-3.21%

Correlation

The correlation between SSMG and UTES is 0.37, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (All Time)
Calculated using the full available price history since Apr 22, 2026

0.37

SSMG vs. UTES - Sectors Allocation Comparison

Sectors
SSMG
UTES

Industrials

25.8%

-

Technology

25.3%

-

Healthcare

18.6%

-

Consumer Cyclical

9.4%

-

Financial Services

8.2%

-

Energy

4.5%

-

Basic Materials

3.5%

-

Utilities

1.5%
100.0%

Communication Services

1.4%

-

Real Estate

0.7%

-

Consumer Defensive

-

-

Industrials

SSMG
25.8%
UTES

-

Technology

SSMG
25.3%
UTES

-

Healthcare

SSMG
18.6%
UTES

-

Consumer Cyclical

SSMG
9.4%
UTES

-

Financial Services

SSMG
8.2%
UTES

-

Energy

SSMG
4.5%
UTES

-

Basic Materials

SSMG
3.5%
UTES

-

Utilities

SSMG
1.5%
UTES
100.0%

Communication Services

SSMG
1.4%
UTES

-

Real Estate

SSMG
0.7%
UTES

-

Consumer Defensive

SSMG

-

UTES

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Virtus Silvant Small/Mid Growth ETF

Virtus Reaves Utilities ETF

Often compared with SSMG:
SSMG vs. QQQNSSMG vs. VDISSMG vs. SEIXSSMG vs. TPLCSSMG vs. JHMMSSMG vs. QMIDSSMG vs. VOT
Often compared with UTES:
UTES vs. XLUUTES vs. FUTYUTES vs. VPUUTES vs. FXUUTES vs. UMAX.TOUTES vs. PUIUTES vs. PAVE

Return for Risk

SSMG vs. UTES — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SSMG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

UTES
UTES Risk / Return Rank: 66
Overall Rank
UTES Sharpe Ratio Rank: 77
Sharpe Ratio Rank
UTES Sortino Ratio Rank: 77
Sortino Ratio Rank
UTES Omega Ratio Rank: 77
Omega Ratio Rank
UTES Calmar Ratio Rank: 55
Calmar Ratio Rank
UTES Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSMG vs. UTES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Small/Mid Growth ETF (SSMG) 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.

SSMGUTESDifference
Sharpe ratioReturn per unit of total volatility

—

-0.30

—

Sortino ratioReturn per unit of downside risk

—

-0.28

—

Omega ratioGain probability vs. loss probability

—

0.97

—

Calmar ratioReturn relative to maximum drawdown

—

-0.47

—

Martin ratioReturn relative to average drawdown

—

-0.97

—

SSMG vs. UTES - Sharpe Ratio Comparison

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Drawdowns

SSMG vs. UTES - Drawdown Comparison

The maximum SSMG drawdown since its inception was -13.72%, smaller than the maximum UTES drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for SSMG and UTES.

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Drawdown Indicators

SSMGUTESDifference

Max Drawdown

Largest peak-to-trough decline

-13.72%

-35.39%

+21.67%

Max Drawdown (1Y)

Largest decline over 1 year

—

-13.88%

—

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 Drawdown

Current decline from peak

-4.83%

-10.81%

+5.98%

Average Drawdown

Average peak-to-trough decline

-3.36%

-5.54%

+2.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

6.78%

—

Volatility

SSMG vs. UTES - Volatility Comparison

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Volatility by Period

SSMGUTESDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.80%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

16.26%

—

Volatility (1Y)

Calculated over the trailing 1-year period

28.58%

21.51%

+7.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.58%

20.77%

+7.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.58%

20.28%

+8.30%

SSMG vs. UTES - Expense Ratio Comparison

SSMG has a 0.39% expense ratio, which is lower than UTES's 0.49% expense ratio.

Dividends

SSMG vs. UTES - Dividend Comparison

SSMG has not paid dividends to shareholders, while UTES's dividend yield for the trailing twelve months is around 1.54%.

PositionTTM20252024202320222021202020192018201720162015
SSMG
Virtus Silvant Small/Mid Growth ETF		0.00%0.00%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		1.54%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

SSMG and UTES have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SSMG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SSMG is cheaper with a 0.39% expense ratio, compared with 0.49% for UTES.

UTES has the higher dividend yield at 1.54%, compared with 0.00% for SSMG.

SSMG is categorized as Mid Cap Growth Equities, while UTES is Utilities Equities. Their fees differ too: 0.39% for SSMG and 0.49% for UTES.

Portfolio Optimizer

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