UTES vs. VPU
Compare and contrast key facts about Virtus Reaves Utilities ETF (UTES) and Vanguard Utilities ETF (VPU).
UTES and VPU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTES is an actively managed fund by Virtus Investment Partners. It was launched on Sep 23, 2015. VPU is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Utilities 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTES or VPU.
Key characteristics
| UTES | VPU | |
|---|---|---|
| YTD Return | 12.14% | 7.12% |
| 1Y Return | 10.35% | 0.72% |
| 3Y Return (Ann) | 7.51% | 3.22% |
| 5Y Return (Ann) | 8.35% | 5.70% |
| Sharpe Ratio | 0.67 | 0.03 |
| Daily Std Dev | 16.21% | 17.02% |
| Max Drawdown | -35.39% | -46.31% |
| Current Drawdown | 0.00% | -8.78% |
Correlation
The correlation between UTES and VPU is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UTES vs. VPU - Performance Comparison
In the year-to-date period, UTES achieves a 12.14% return, which is significantly higher than VPU's 7.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UTES vs. VPU - Expense Ratio Comparison
UTES has a 0.49% expense ratio, which is higher than VPU's 0.10% expense ratio.
Risk-Adjusted Performance
UTES vs. VPU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and Vanguard Utilities ETF (VPU). 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.
Dividends
UTES vs. VPU - Dividend Comparison
UTES's dividend yield for the trailing twelve months is around 2.25%, less than VPU's 3.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTES Virtus Reaves Utilities ETF | 2.25% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.16% | 2.81% | 3.28% | 0.61% | 0.00% | 0.00% |
VPU Vanguard Utilities ETF | 3.25% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% | 3.02% | 3.76% |
Drawdowns
UTES vs. VPU - Drawdown Comparison
The maximum UTES drawdown since its inception was -35.39%, smaller than the maximum VPU drawdown of -46.31%. Use the drawdown chart below to compare losses from any high point for UTES and VPU. For additional features, visit the drawdowns tool.
Volatility
UTES vs. VPU - Volatility Comparison
The current volatility for Virtus Reaves Utilities ETF (UTES) is 4.20%, while Vanguard Utilities ETF (VPU) has a volatility of 4.56%. This indicates that UTES experiences smaller price fluctuations and is considered to be less risky than VPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.