Virtus Reaves Utilities ETF

Frequently Asked Questions About UTES

What does UTES invest in?

The Fund seeks to provide total return through a combination of capital appreciation and income. The Fund invests not less than 80% of its total assets in equity securities of companies in the Utility Sector. It is an actively managed ETF and does not seek to replicate the performance of a specified passive index.

What is the expense ratio of UTES?

Virtus Reaves Utilities ETF (UTES) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UTES?

Virtus Reaves Utilities ETF (UTES) manages $1.27B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is UTES actively managed or an index fund?

UTES is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (UTES's is 0.49%) in exchange for the discretion to over- or under-weight positions.

When was UTES launched?

Virtus Reaves Utilities ETF (UTES) launched in September 2015 and is managed by Virtus.

How has UTES performed?

UTES's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.