Key stats
About Virtus Reaves Utilities ETF
Expense ratio
0.49%
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Inception date
Sep 23, 2015
UTES offers active exposure to utility stocks. Active exposure is rare among sector funds, especially with respect to utilities. The managers use fundamental, growth, and risk-based metrics looking to outperform the broader sector from a total return perspective. Examples of the metrics include capital structure, historical earnings growth and share price volatility. Dividends are a factor too, but the fund does not appear to be yield-focused despite its dividend-heavy sector. Reaves Asset Management manages the portfolio day to day in addition to this ETF, the firm runs utilities-oriented mutual funds and SMAs.
Classification
What's in the fund
Exposure type
Utilities
Stock breakdown by region