UTES vs. WMT
UTES (Virtus Reaves Utilities ETF) is Utilities Equities fund actively managed by Virtus, while WMT (Walmart Inc.) is a stock. Over the past 10 years, UTES returned 11.78%/yr vs 18.40%/yr for WMT. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
UTES vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, UTES achieves a -1.07% return, which is significantly lower than WMT's 0.21% return. Over the past 10 years, UTES has underperformed WMT with an annualized return of 11.78%, while WMT has yielded a comparatively higher 18.40% annualized return.
UTES
- 1D
- -0.03%
- 1M
- -2.93%
- 6M
- 0.59%
- YTD
- -1.07%
- 1Y
- -4.33%
- 3Y*
- 21.10%
- 5Y*
- 14.97%
- 10Y*
- 11.78%
- ALL TIME*
- 13.50%
WMT
- 1D
- 0.09%
- 1M
- 2.19%
- 6M
- -6.30%
- YTD
- 0.21%
- 1Y
- 14.44%
- 3Y*
- 29.39%
- 5Y*
- 20.06%
- 10Y*
- 18.40%
- ALL TIME*
- 18.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.16M | $10.04M | $13.72M | |
WMT Walmart Inc. | $2.47B | $2.41B | $2.70B |
UTES vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UTES Virtus Reaves Utilities ETF | -1.07% | 25.71% | 45.35% | -2.46% | 0.80% | 20.74% | -0.30% | 25.48% | 5.14% | 14.21% |
WMT Walmart Inc. | 0.21% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between UTES and WMT is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2015 | 0.25 |
The correlation between UTES and WMT shifts across timeframes, from -0.05 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
UTES vs. WMT — Risk / Return Rank
UTES
WMT
UTES vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Reaves Utilities ETF (UTES) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.12 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 0.75 | -1.07 |
| Martin ratioReturn relative to average drawdown | -0.65 | 1.96 | -2.60 |
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Drawdowns
UTES vs. WMT - Drawdown Comparison
The maximum UTES drawdown since its inception was -35.39%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for UTES and WMT.
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Drawdown Indicators
| UTES | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -77.14% | +41.75% |
Max Drawdown (1Y)Largest decline over 1 year | -13.88% | -19.23% | +5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -21.93% | +4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -20.40% | -25.74% | +5.34% |
Max Drawdown (10Y)Largest decline over 10 years | -35.39% | -25.74% | -9.65% |
Current DrawdownCurrent decline from peak | -10.30% | -17.14% | +6.84% |
Average DrawdownAverage peak-to-trough decline | -5.54% | -14.63% | +9.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.72% | 7.39% | -0.67% |
Volatility
UTES vs. WMT - Volatility Comparison
The current volatility for Virtus Reaves Utilities ETF (UTES) is 5.50%, while Walmart Inc. (WMT) has a volatility of 6.81%. This indicates that UTES experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UTES | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 6.81% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 16.19% | 19.61% | -3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.39% | 24.77% | -3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.74% | 21.96% | -1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 21.90% | -1.64% |
Dividends
UTES vs. WMT - Dividend Comparison
UTES's dividend yield for the trailing twelve months is around 1.53%, more than WMT's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTES Virtus Reaves Utilities ETF | 1.53% | 1.42% | 1.51% | 2.44% | 2.13% | 1.94% | 2.09% | 1.84% | 2.09% | 3.44% | 3.53% | 0.61% |
WMT Walmart Inc. | 0.87% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
UTES and WMT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (6.81%) compared to UTES (5.50%). In terms of maximum drawdown, UTES dropped -35.39% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (0.59 vs -0.20), 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.
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