UTES vs. BILT
UTES (Virtus Reaves Utilities ETF) and BILT (iShares Infrastructure Active ETF) are both Utilities Equities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. UTES charges 0.49%/yr vs 0.60%/yr for BILT.
Performance
UTES vs. BILT - Performance Comparison
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Returns By Period
In the year-to-date period, UTES achieves a 0.08% return, which is significantly lower than BILT's 12.39% return.
UTES
- 1D
- -0.98%
- 1M
- -6.58%
- YTD
- 0.08%
- 6M
- -1.81%
- 1Y
- 7.86%
- 3Y*
- 22.78%
- 5Y*
- 15.66%
- 10Y*
- 12.40%
BILT
- 1D
- 0.00%
- 1M
- -1.24%
- YTD
- 12.39%
- 6M
- 11.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UTES vs. BILT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UTES Virtus Reaves Utilities ETF | 0.08% | -3.30% |
BILT iShares Infrastructure Active ETF | 12.39% | 3.99% |
Correlation
The correlation between UTES and BILT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025 | 0.47 |
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Return for Risk
UTES vs. BILT — Risk / Return Rank
UTES
BILT
UTES vs. BILT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and iShares Infrastructure Active ETF (BILT). 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.
| UTES | BILT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | — | — |
| Martin ratioReturn relative to average drawdown | 1.30 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UTES | BILT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 2.00 | -1.30 |
Drawdowns
UTES vs. BILT - Drawdown Comparison
The maximum UTES drawdown since its inception was -35.39%, which is greater than BILT's maximum drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for UTES and BILT.
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Drawdown Indicators
| UTES | BILT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -5.38% | -30.01% |
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 DrawdownCurrent decline from peak | -9.26% | -2.36% | -6.90% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -1.44% | -4.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.08% | — | — |
Volatility
UTES vs. BILT - Volatility Comparison
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Volatility by Period
| UTES | BILT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.95% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.27% | 10.28% | +10.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.60% | 10.28% | +10.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.16% | 10.28% | +9.88% |
UTES vs. BILT - Expense Ratio Comparison
UTES has a 0.49% expense ratio, which is lower than BILT's 0.60% expense ratio.
Dividends
UTES vs. BILT - Dividend Comparison
UTES's dividend yield for the trailing twelve months is around 1.50%, more than BILT's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILT iShares Infrastructure Active ETF | 1.33% | 0.99% | 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 | 1.50% | 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
UTES and BILT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UTES is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UTES is cheaper with a 0.49% expense ratio, compared with 0.60% for BILT.
UTES has the higher dividend yield at 1.50%, compared with 1.33% for BILT.
They also come from different issuers: Virtus Investment Partners and iShares. Their fees differ too: 0.49% for UTES and 0.60% for BILT.
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