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UTES vs. FDFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UTES and FDFIX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

UTES vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Reaves Utilities ETF (UTES) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

120.00%140.00%160.00%180.00%200.00%NovemberDecember2025FebruaryMarchApril
148.78%
163.74%
UTES
FDFIX

Key characteristics

Sharpe Ratio

UTES:

1.47

FDFIX:

0.52

Sortino Ratio

UTES:

1.89

FDFIX:

0.85

Omega Ratio

UTES:

1.27

FDFIX:

1.12

Calmar Ratio

UTES:

2.16

FDFIX:

0.53

Martin Ratio

UTES:

6.42

FDFIX:

2.19

Ulcer Index

UTES:

5.93%

FDFIX:

4.60%

Daily Std Dev

UTES:

26.02%

FDFIX:

19.54%

Max Drawdown

UTES:

-35.39%

FDFIX:

-33.77%

Current Drawdown

UTES:

-8.67%

FDFIX:

-10.17%

Returns By Period

In the year-to-date period, UTES achieves a 4.13% return, which is significantly higher than FDFIX's -6.02% return.


UTES

YTD

4.13%

1M

2.35%

6M

3.68%

1Y

36.27%

5Y*

15.01%

10Y*

N/A

FDFIX

YTD

-6.02%

1M

-3.52%

6M

-4.57%

1Y

10.54%

5Y*

15.97%

10Y*

N/A

*Annualized

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UTES vs. FDFIX - Expense Ratio Comparison

UTES has a 0.49% expense ratio, which is higher than FDFIX's 0.00% expense ratio.


Expense ratio chart for UTES: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UTES: 0.49%
Expense ratio chart for FDFIX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDFIX: 0.00%

Risk-Adjusted Performance

UTES vs. FDFIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UTES
The Risk-Adjusted Performance Rank of UTES is 8989
Overall Rank
The Sharpe Ratio Rank of UTES is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of UTES is 8787
Sortino Ratio Rank
The Omega Ratio Rank of UTES is 8888
Omega Ratio Rank
The Calmar Ratio Rank of UTES is 9494
Calmar Ratio Rank
The Martin Ratio Rank of UTES is 8888
Martin Ratio Rank

FDFIX
The Risk-Adjusted Performance Rank of FDFIX is 6060
Overall Rank
The Sharpe Ratio Rank of FDFIX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FDFIX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FDFIX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of FDFIX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of FDFIX is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UTES vs. FDFIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and Fidelity Flex 500 Index Fund (FDFIX). 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.


The chart of Sharpe ratio for UTES, currently valued at 1.47, compared to the broader market-1.000.001.002.003.004.00
UTES: 1.47
FDFIX: 0.52
The chart of Sortino ratio for UTES, currently valued at 1.89, compared to the broader market-2.000.002.004.006.008.00
UTES: 1.89
FDFIX: 0.85
The chart of Omega ratio for UTES, currently valued at 1.27, compared to the broader market0.501.001.502.002.50
UTES: 1.27
FDFIX: 1.12
The chart of Calmar ratio for UTES, currently valued at 2.16, compared to the broader market0.002.004.006.008.0010.0012.00
UTES: 2.16
FDFIX: 0.53
The chart of Martin ratio for UTES, currently valued at 6.42, compared to the broader market0.0020.0040.0060.00
UTES: 6.42
FDFIX: 2.19

The current UTES Sharpe Ratio is 1.47, which is higher than the FDFIX Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of UTES and FDFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.47
0.52
UTES
FDFIX

Dividends

UTES vs. FDFIX - Dividend Comparison

UTES's dividend yield for the trailing twelve months is around 1.45%, more than FDFIX's 1.05% yield.


TTM2024202320222021202020192018201720162015
UTES
Virtus Reaves Utilities ETF
1.45%1.51%2.44%2.13%1.94%2.09%1.84%2.16%2.81%3.28%0.61%
FDFIX
Fidelity Flex 500 Index Fund
1.05%1.26%1.48%1.70%1.18%1.52%1.78%1.81%0.85%0.00%0.00%

Drawdowns

UTES vs. FDFIX - Drawdown Comparison

The maximum UTES drawdown since its inception was -35.39%, roughly equal to the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for UTES and FDFIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-8.67%
-10.17%
UTES
FDFIX

Volatility

UTES vs. FDFIX - Volatility Comparison

The current volatility for Virtus Reaves Utilities ETF (UTES) is 11.91%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 14.34%. This indicates that UTES experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.91%
14.34%
UTES
FDFIX