EBLU vs. UTES ETF Comparison

Comparison of Ecofin Global Water ESG Fund (EBLU) to Reaves Utilities ETF (UTES)

EBLU

Ecofin Global Water ESG Fund

EBLU Description

The Tortoise Global Water ESG Fund uses a passive management approach and seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return Index®, which is comprised of companies across the globe and throughout the water cycle that we believe are positioned to benefit from the pursuit of solving the water supply/demand imbalance.

Grade (RS Rating)

Last Trade

$50.17

Average Daily Volume

2,235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$66.41

Average Daily Volume

45,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EBLU	UTES
30 Days	4.15%	17.90%
60 Days	3.94%	27.27%
90 Days	10.77%	26.78%
12 Months	31.90%	70.18%

0 Overlapping Holdings

	Symbol	Grade	Weight in EBLU	Weight in UTES	Overlap

EBLU Overweight 21 Positions Relative to UTES

Symbol	Grade	Weight
CNM	F	4.54%
ERII	C	4.38%
ANET	A	4.34%
AOS	C	4.11%
ECL	C	4.07%
BMI	A	4.04%
WMS	D	4.0%
AWK	D	3.68%
FELE	C	3.42%
WTRG	D	3.31%
IEX	D	2.66%
LNN	C	2.08%
MEG	F	1.79%
MWA	A	1.66%
PNR	C	1.38%
WTTR	B	1.12%
TTEK	A	0.43%
VLTO	A	0.33%
WTS	C	0.32%
XYL	C	0.3%
ZWS	A	0.15%

EBLU Underweight 16 Positions Relative to UTES

Symbol	Grade	Weight
NEE	C	-16.41%
CEG	A	-12.52%
VST	A	-11.76%
PCG	C	-5.55%
CNP	B	-4.8%
PEG	A	-4.59%
EIX	C	-4.36%
ATO	A	-4.29%
ETR	A	-4.28%
SRE	C	-4.07%
PNW	C	-4.06%
DTE	B	-4.02%
NI	A	-3.69%
PNM	B	-3.03%
CMS	A	-2.85%
IDA	D	-1.12%