Summary
UTES Chart
UTES: AI-Driven Power Demand Growth Is Still In Early Innings
The Virtus Reaves Utilities ETF is an actively managed fund with strong exposure to regulated utilities and independent power producers. UTES is positioned to benefit from surging electricity demand driven by AI data center growth, supporting a strong long-term growth outlook. Despite a modest 1.5% yield, UTES offers supercharged dividend growth potential and has outperformed passive utilities ETFs in recent years.
Virtus Reaves Utilities ETF Q1 2026 Commentary
The Virtus Reaves Utilities ETF increased 1.65% in the quarter, underperforming the S&P 500 Utilities Index, though it returned 25.49% over the last 12 months. Entergy and Meta significantly up-sized their existing generation development commitment by 5 gigawatts to support expanding data center development opportunities. Xcel Energy and Google announced a creative 1.9 GW partnership incorporating new renewables and long-duration energy storage to meet growing power demands.
UTES: Utilities Dashboard For March
Water utilities appear undervalued by 18% versus historical baselines, while electric/multi utilities are overvalued by 18%, partially offset by quality. Virtus Reaves Utilities ETF offers a compelling active alternative for utilities exposure, outperforming XLU since inception with the risk of a concentrated portfolio. 10 utility stocks were cheaper than their peers in March.
Virtus Reaves Utilities ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 23,395 | $1.7M | $1.92M | $220,207 | 12.94% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 314 | $23,745.1 | $25,628.68 | $1,883.58 | 7.93% |
 Jeff Ameen Spire Wealth Management | 8,425 | $690,971.25 | $690,513 | -$458.25 | -0.07% |
| BPF Barnes Pettey Financial Advisors LLC Barnes Pettey Financial Advisors LLC | 8,621 | $686,238.65 | $701,835.61 | $15,596.96 | 2.27% |
| CF Cheryl Fluker Members Advisory Group LLC | 87,475 | $7.15M | $7.17M | $19,244.5 | 0.27% |
Virtus Reaves Utilities ETF (UTES) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Virtus Reaves Utilities ETF ever had a stock split?
Virtus Reaves Utilities ETF Profile
| ARCA Exchange | US Country |
Overview
The fund focuses on investing primarily in the equity securities of companies operating within the Utility Sector. It earmarks at least 80% of its net assets, along with any borrowed funds intended for investment purposes, to these utility companies. The fund's investment strategy is centered around entities involved in the generation, distribution, or provision of electricity, gas, or water. These companies are characterized by their substantial engagement, either through customer base or asset dedication, in the utilities sphere. It seeks opportunities in businesses where at least half of the assets or client base is devoted to utility services or at least half of the revenue, gross income, or profits stem from utility operations. This fund is non-diversified, implying a concentrated investment approach within the utility sector rather than spreading investments across various sectors.
Products and Services
- Equity Securities of Utility Sector Companies
- Borrowing for Investment Purposes
This product consists of investments in shares or stock options of companies engaged in the utility sector. The focus is on entities that either supply utility services or produce equipment essential for the provision, generation, and distribution of electricity, gas, and water. The fund targets companies showing a substantial portion (at least 50%) of their operations or financials rooted in utilities, aligning with the fund’s core investment thesis.
The fund has the capability to borrow additional funds with the intent to invest in its focused sector. This strategy aims to leverage potential opportunities within the utility sector by increasing the capital available for investment. However, it's worth noting that borrowing for investment purposes also introduces a higher level of risk due to the potential for increased losses that may exceed the borrowed amount.
