UTES vs. ADPV ETF Comparison

Comparison of Reaves Utilities ETF (UTES) to Adaptiv Select ETF (ADPV)

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$51.10

Average Daily Volume

11,812

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.54

Average Daily Volume

4,155

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UTES	ADPV
30 Days	5.57%	-2.09%
60 Days	12.41%	4.71%
90 Days	17.52%	15.14%
12 Months	14.02%	31.85%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTES	Weight in ADPV	Overlap
	VST	A	9.98%	5.79%	5.79%

UTES Overweight 17 Positions Relative to ADPV

Symbol	Grade	Weight
NEE	B	14.71%
CEG	A	7.88%
PEG	A	7.19%
PCG	A	6.71%
EIX	A	4.67%
ATO	A	4.53%
SRE	B	4.52%
CNP	A	4.5%
DTE	A	4.49%
ETR	A	4.48%
NI	A	4.46%
PNW	B	4.42%
SO	A	4.01%
PNM	C	3.3%
CMS	A	3.12%
PPL	A	2.03%
IDA	B	1.32%

UTES Underweight 9 Positions Relative to ADPV

Symbol	Grade	Weight
VRT	A	-5.88%
CNM	A	-5.22%
APP	B	-5.13%
NTNX	C	-4.79%
UBER	D	-4.69%
NRG	A	-4.38%
INFA	D	-4.34%
HOOD	C	-4.3%
OWL	C	-4.14%