UTES vs. BMVP ETF Comparison

Comparison of Reaves Utilities ETF (UTES) to Invesco Bloomberg MVP Multi-factor ETF (BMVP)

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

$64.88

Average Daily Volume

41,774

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BMVP

Invesco Bloomberg MVP Multi-factor ETF

BMVP Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index seeks to include the 50 securities with the strongest momentum, most muted volatility, most inexpensive valuations, and highest profitability based on an aggregated sector-neutral "MVP" score. Stocks are selected from the top of each sector and size category in a manner designed to produce an index with sector and size dispersion similar to the overall broad market.

Grade (RS Rating)

Last Trade

$48.34

Average Daily Volume

1,749

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UTES	BMVP
30 Days	13.47%	1.57%
60 Days	21.25%	7.52%
90 Days	23.84%	10.67%
12 Months	65.09%	36.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTES	Weight in BMVP	Overlap
	EIX	A	4.36%	2.08%	2.08%

UTES Overweight 15 Positions Relative to BMVP

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

UTES Underweight 9 Positions Relative to BMVP

Symbol	Grade	Weight
MMM	C	-2.26%
IRM	A	-2.17%
LMT	A	-2.09%
PGR	C	-2.08%
NVR	A	-2.07%
FOXA	A	-2.06%
PHM	A	-2.05%
BRO	A	-2.02%
VICI	C	-2.0%