WATT vs. UTF

Last updated Jul 11, 2026

WATT (Energous Corporation) and UTF (Cohen & Steers Infrastructure Fund, Inc) are both stocks. WATT operates in Scientific & Technical Instruments (Technology), while UTF operates in Asset Management (Financial Services). Over the past 10 years, WATT returned -45.50%/yr vs 11.37%/yr for UTF. At a 0.20 correlation, their price movements are largely independent.

Performance

WATT vs. UTF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energous Corporation (WATT) and Cohen & Steers Infrastructure Fund, Inc (UTF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WATT achieves a 350.88% return, which is significantly higher than UTF's 19.09% return. Over the past 10 years, WATT has underperformed UTF with an annualized return of -45.50%, while UTF has yielded a comparatively higher 11.37% annualized return.

WATT

• 1D: -5.32%
• 1M: -24.12%
• 6M: 252.05%
• YTD: 350.88%
• 1Y: 53.37%
• 3Y*: -51.87%
• 5Y*: -59.10%
• 10Y*: -45.50%

UTF

• 1D: 0.33%
• 1M: 1.06%
• 6M: 17.87%
• YTD: 19.09%
• 1Y: 13.33%
• 3Y*: 14.54%
• 5Y*: 7.64%
• 10Y*: 11.37%

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

WATT vs. UTF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WATT Energous Corporation	350.88%	-86.83%	-44.81%	-89.06%	-33.12%	-30.56%	1.69%	-69.43%	-70.23%	15.43%
UTF Cohen & Steers Infrastructure Fund, Inc	19.09%	9.93%	22.37%	-3.83%	-9.60%	17.91%	6.93%	42.74%	-9.87%	34.10%

Correlation

The correlation between WATT and UTF is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Mar 28, 2014	0.20

Fundamentals

Market Cap WATT : $26.72M UTF : $2.68B
EPS WATT : -$3.39 UTF : $6.79
PS Ratio WATT : 5.00 UTF : 6.93
PB Ratio WATT : 1.63 UTF : 0.94
Total Revenue (TTM) WATT : $8.37M UTF : $387.16M
Gross Profit (TTM) WATT : $3.00M UTF : $388.42M
EBITDA (TTM) WATT : -$8.08M UTF : $765.72M

Return for Risk

WATT vs. UTF — Risk / Return Rank

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

WATT

WATT Risk / Return Rank: 66
WATT Sharpe Ratio Rank: 63
WATT Sortino Ratio Rank: 74
WATT Omega Ratio Rank: 70
WATT Calmar Ratio Rank: 63
WATT Martin Ratio Rank: 60

UTF

UTF Risk / Return Rank: 71
UTF Sharpe Ratio Rank: 77
UTF Sortino Ratio Rank: 71
UTF Omega Ratio Rank: 69
UTF Calmar Ratio Rank: 71
UTF Martin Ratio Rank: 69

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.

WATT vs. UTF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energous Corporation (WATT) and Cohen & Steers Infrastructure Fund, Inc (UTF). 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.

	WATT	UTF	Difference
Sharpe ratio: Return per unit of total volatility	0.50	1.07	-0.57
Sortino ratio: Return per unit of downside risk	1.66	1.54	+0.12
Omega ratio: Gain probability vs. loss probability	1.19	1.19	+0.01
Calmar ratio: Return relative to maximum drawdown	0.81	1.29	-0.48
Martin ratio: Return relative to average drawdown	1.39	2.63	-1.24

WATT vs. UTF - Sharpe Ratio Comparison

The current WATT Sharpe Ratio is 0.50, which is lower than the UTF Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of WATT and UTF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WATT vs. UTF - Drawdown Comparison

The maximum WATT drawdown since its inception was -99.98%, which is greater than UTF's maximum drawdown of -72.62%. Use the drawdown chart below to compare losses from any high point for WATT and UTF.

Drawdown Indicators

	WATT	UTF	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-72.62%	-27.36%
Max Drawdown (1Y) Largest decline over 1 year	-77.01%	-10.33%	-66.68%
Max Drawdown (3Y) Largest decline over 3 years	-97.64%	-20.45%	-77.19%
Max Drawdown (5Y) Largest decline over 5 years	-99.77%	-30.28%	-69.49%
Max Drawdown (10Y) Largest decline over 10 years	-99.98%	-52.53%	-47.45%
Current Drawdown Current decline from peak	-99.91%	-0.43%	-99.48%
Average Drawdown Average peak-to-trough decline	-73.19%	-10.33%	-62.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.70%	5.05%	+39.65%

Volatility

WATT vs. UTF - Volatility Comparison

Energous Corporation (WATT) has a higher volatility of 30.30% compared to Cohen & Steers Infrastructure Fund, Inc (UTF) at 3.13%. This indicates that WATT's price experiences larger fluctuations and is considered to be riskier than UTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WATT	UTF	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.30%	3.13%	+27.17%
Volatility (6M) Calculated over the trailing 6-month period	88.17%	8.23%	+79.94%
Volatility (1Y) Calculated over the trailing 1-year period	127.10%	12.44%	+114.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	266.74%	18.23%	+248.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.98%	23.30%	+190.68%

Dividends

WATT vs. UTF - Dividend Comparison

WATT has not paid dividends to shareholders, while UTF's dividend yield for the trailing twelve months is around 6.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UTF Cohen & Steers Infrastructure Fund, Inc	6.80%	7.62%	7.74%	8.76%	7.75%	6.53%	7.20%	7.10%	10.12%	7.37%	10.51%	8.39%
WATT Energous 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%

Financials

Frequently Asked Questions

Can I hold both WATT and UTF in my portfolio?

WATT and UTF have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WATT or UTF?

WATT has higher volatility (30.30%) compared to UTF (3.13%). In terms of maximum drawdown, WATT dropped -99.98% vs UTF's -72.62%.

Which has better risk-adjusted returns?

UTF currently has the higher Sharpe Ratio (1.07 vs 0.50), 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.