UTES

Virtus Reaves Utilities ETF

$81.19

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Virtus Reaves Utilities ETF (UTES) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the S&P 500 Utilities Index, which is designed to measure the performance of the utilities sector of the S&P 500 Index.

Overview

ETF tracking Virtus Reaves Utilities ETF

Category Utilities

Issuer Other

Inception Date 2016-10-24

Market Cap $1.1B

Average Volume N/A

Dividend Yield 1.22%

52-Week Range $59.64 - $87.52

VWAP $81.32

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests at least 80% of its assets in securities that are included in the S&P 500 Utilities Index. The fund uses a passive or indexing investment approach, attempting to replicate the performance of the index.

✨ Key Features

Provides exposure to the utilities sector of the S&P 500 Index
Passively managed to track the performance of the S&P 500 Utilities Index
Low expense ratio of 0.00%
Suitable for investors seeking broad exposure to the utilities sector

⚠️ Primary Risks

Concentration risk as the fund is focused on the utilities sector
Market risk as the fund's performance is tied to the overall stock market
Tracking error risk as the fund may not perfectly replicate the index performance
Liquidity risk due to the relatively small asset size of the fund

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the utilities sector as part of a diversified portfolio. It may be particularly attractive for investors who value low-cost, passively managed exposure to the utilities industry.