UTES vs. RNEW ETF Comparison
Comparison of Reaves Utilities ETF (UTES) to VanEck Green Infrastructure ETF (RNEW)
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
$69.05
Average Daily Volume
86,356
16
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.65
Average Daily Volume
133
39
Performance
Period | UTES | RNEW |
---|---|---|
30 Days | 5.44% | 7.86% |
60 Days | 8.91% | 1.22% |
90 Days | 21.87% | 0.45% |
12 Months | 59.87% | 14.52% |
1 Overlapping Holdings
Symbol | Grade | Weight in UTES | Weight in RNEW | Overlap | |
---|---|---|---|---|---|
IDA | A | 3.87% | 3.21% | 3.21% |
UTES Underweight 38 Positions Relative to RNEW
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -9.84% | |
LNG | B | -6.99% | |
PWR | A | -6.12% | |
RSG | A | -5.75% | |
CLH | B | -5.66% | |
WM | A | -5.6% | |
ECL | D | -5.24% | |
DCI | B | -4.9% | |
RIVN | F | -4.4% | |
BWA | D | -4.19% | |
FSLR | F | -3.35% | |
CWST | A | -3.29% | |
SWX | B | -2.97% | |
ITRI | B | -2.83% | |
BE | B | -2.77% | |
LCID | F | -2.64% | |
ORA | B | -2.56% | |
ENPH | F | -2.39% | |
NWE | B | -1.82% | |
CWEN | C | -1.22% | |
RUN | F | -1.19% | |
NFE | D | -0.98% | |
NEP | F | -0.8% | |
PLUG | F | -0.79% | |
SPH | B | -0.61% | |
ARRY | C | -0.52% | |
AMRC | F | -0.49% | |
ERII | D | -0.45% | |
REX | D | -0.43% | |
SHLS | F | -0.39% | |
GPRE | F | -0.37% | |
AMPS | C | -0.33% | |
CLNE | D | -0.32% | |
MEG | F | -0.32% | |
MNTK | F | -0.31% | |
CHPT | F | -0.25% | |
NOVA | F | -0.24% | |
SES | F | -0.05% |
UTES: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords