UTES vs. BSCQ
UTES (Virtus Reaves Utilities ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - UTES is a Utilities Equities fund actively managed by Virtus Investment Partners, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. UTES is actively managed, while BSCQ is passively managed. Over the past 5 years, UTES returned 17.31%/yr vs 1.53%/yr for BSCQ. At a 0.18 correlation, their price movements are largely independent. UTES charges 0.49%/yr vs 0.10%/yr for BSCQ.
Performance
UTES vs. BSCQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UTES achieves a 5.53% return, which is significantly higher than BSCQ's 1.68% return.
UTES
- 1D
- 0.95%
- 1M
- 1.74%
- YTD
- 5.53%
- 6M
- 5.66%
- 1Y
- 13.65%
- 3Y*
- 24.73%
- 5Y*
- 17.31%
- 10Y*
- 12.78%
BSCQ
- 1D
- -0.03%
- 1M
- 0.25%
- YTD
- 1.68%
- 6M
- 1.81%
- 1Y
- 4.25%
- 3Y*
- 5.17%
- 5Y*
- 1.53%
- 10Y*
- —
UTES vs. BSCQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UTES Virtus Reaves Utilities ETF | 5.53% | 25.71% | 45.35% | -2.46% | 0.80% | 20.74% | -0.30% | 25.48% | 5.14% | 14.21% |
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 1.68% | 5.02% | 4.86% | 5.71% | -8.31% | -1.68% | 9.41% | 13.94% | -2.40% | 5.93% |
Correlation
The correlation between UTES and BSCQ is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016 | 0.18 |
The correlation between UTES and BSCQ shifts across timeframes, from -0.11 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UTES vs. BSCQ — Risk / Return Rank
UTES
BSCQ
UTES vs. BSCQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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.
| UTES | BSCQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.40 | ||
| Sortino ratioReturn per unit of downside risk | -14.59 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 3.43 | -2.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 41.77 | -40.79 |
| Martin ratioReturn relative to average drawdown | 2.15 | 181.80 | -179.64 |
Loading charts...
Drawdowns
UTES vs. BSCQ - Drawdown Comparison
The maximum UTES drawdown since its inception was -35.39%, which is greater than BSCQ's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for UTES and BSCQ.
Loading charts...
Drawdown Indicators
| UTES | BSCQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -16.50% | -18.89% |
Max Drawdown (1Y)Largest decline over 1 year | -13.88% | -0.10% | -13.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -1.13% | -16.49% |
Max Drawdown (5Y)Largest decline over 5 years | -20.40% | -13.02% | -7.38% |
Max Drawdown (10Y)Largest decline over 10 years | -35.39% | — | — |
Current DrawdownCurrent decline from peak | -4.32% | -0.03% | -4.29% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -2.84% | -2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 0.02% | +6.33% |
Volatility
UTES vs. BSCQ - Volatility Comparison
Virtus Reaves Utilities ETF (UTES) has a higher volatility of 6.78% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.13%. This indicates that UTES's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UTES | BSCQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 0.13% | +6.65% |
Volatility (6M)Calculated over the trailing 6-month period | 16.89% | 0.43% | +16.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.52% | 0.61% | +20.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.64% | 3.29% | +17.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.21% | 4.75% | +15.46% |
UTES vs. BSCQ - Expense Ratio Comparison
UTES has a 0.49% expense ratio, which is higher than BSCQ's 0.10% expense ratio.
Dividends
UTES vs. BSCQ - Dividend Comparison
UTES's dividend yield for the trailing twelve months is around 1.44%, less than BSCQ's 4.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 4.46% | 4.14% | 4.05% | 3.53% | 2.54% | 1.91% | 2.42% | 2.96% | 3.32% | 2.92% | 0.51% | 0.00% |
UTES Virtus Reaves Utilities ETF | 1.44% | 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 BSCQ have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UTES has higher volatility (6.78%) compared to BSCQ (0.13%). In terms of maximum drawdown, UTES dropped -35.39% vs BSCQ's -16.50%.
On 5-year performance, UTES leads with 17.31% vs 1.53% for BSCQ. On fees, BSCQ is cheaper at 0.10% per year. On volatility, BSCQ has been the lower-risk option at 0.13%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, UTES has performed better with a 17.31% return vs 1.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSCQ is cheaper with a 0.10% expense ratio, compared with 0.49% for UTES.
BSCQ has the higher dividend yield at 4.46%, compared with 1.44% for UTES.
UTES is categorized as Utilities Equities, while BSCQ is Corporate Bonds. They also come from different issuers: Virtus Investment Partners and Invesco. Their fees differ too: 0.49% for UTES and 0.10% for BSCQ.
BSCQ currently has the higher Sharpe Ratio (7.04 vs 0.64), 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.
Find the right allocation for UTES and BSCQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer