UTES vs. TLN

Last updated Apr 1, 2026

Compare and contrast key facts about Virtus Reaves Utilities ETF (UTES) and Talen Energy Corporation (TLN).

UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015.

Performance

UTES vs. TLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Reaves Utilities ETF (UTES) and Talen Energy Corporation (TLN). The values are adjusted to include any dividend payments, if applicable.

UTES vs. TLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UTES Virtus Reaves Utilities ETF	1.60%	25.71%	45.35%	1.20%
TLN Talen Energy Corporation	-14.84%	86.05%	214.80%	37.63%

Returns By Period

In the year-to-date period, UTES achieves a 1.60% return, which is significantly higher than TLN's -14.84% return.

UTES

• 1D: 0.11%
• 1M: -6.27%
• YTD: 1.60%
• 6M: -3.38%
• 1Y: 25.54%
• 3Y*: 22.73%
• 5Y*: 16.38%
• 10Y*: 12.83%

TLN

• 1D: 1.98%
• 1M: -13.95%
• YTD: -14.84%
• 6M: -24.95%
• 1Y: 59.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

UTES vs. TLN — Risk / Return Rank

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

UTES

UTES Risk / Return Rank: 64
UTES Sharpe Ratio Rank: 67
UTES Sortino Ratio Rank: 65
UTES Omega Ratio Rank: 61
UTES Calmar Ratio Rank: 76
UTES Martin Ratio Rank: 52

TLN

TLN Risk / Return Rank: 75
TLN Sharpe Ratio Rank: 77
TLN Sortino Ratio Rank: 74
TLN Omega Ratio Rank: 73
TLN Calmar Ratio Rank: 77
TLN Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UTES vs. TLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and Talen Energy Corporation (TLN). 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	TLN	Difference
Sharpe ratio Return per unit of total volatility	1.13	1.06	+0.06
Sortino ratio Return per unit of downside risk	1.56	1.73	-0.17
Omega ratio Gain probability vs. loss probability	1.21	1.23	-0.02
Calmar ratio Return relative to maximum drawdown	1.88	1.92	-0.04
Martin ratio Return relative to average drawdown	4.68	4.66	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UTES vs. TLN - Sharpe Ratio Comparison

The current UTES Sharpe Ratio is 1.13, which is comparable to the TLN Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of UTES and TLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UTES	TLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	1.06	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	1.99	-1.27

Correlation

The correlation between UTES and TLN is 0.61, 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.

Dividends

UTES vs. TLN - Dividend Comparison

UTES's dividend yield for the trailing twelve months is around 1.47%, while TLN has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UTES Virtus Reaves Utilities ETF	1.47%	1.42%	1.51%	2.44%	2.13%	1.94%	2.09%	1.84%	2.09%	3.44%	3.53%	0.61%
TLN Talen Energy Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UTES vs. TLN - Drawdown Comparison

The maximum UTES drawdown since its inception was -35.39%, roughly equal to the maximum TLN drawdown of -33.80%. Use the drawdown chart below to compare losses from any high point for UTES and TLN.

Drawdown Indicators

	UTES	TLN	Difference
Max Drawdown Largest peak-to-trough decline	-35.39%	-33.80%	-1.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.88%	-32.05%	+18.17%
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	-7.89%	-28.40%	+20.51%
Average Drawdown Average peak-to-trough decline	-5.51%	-6.45%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.59%	13.24%	-7.65%

Volatility

UTES vs. TLN - Volatility Comparison

The current volatility for Virtus Reaves Utilities ETF (UTES) is 8.04%, while Talen Energy Corporation (TLN) has a volatility of 16.97%. This indicates that UTES experiences smaller price fluctuations and is considered to be less risky than TLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UTES	TLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.04%	16.97%	-8.93%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	39.74%	-23.48%
Volatility (1Y) Calculated over the trailing 1-year period	22.79%	56.55%	-33.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.28%	49.52%	-29.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.03%	49.52%	-29.49%