UTES vs. SMOG ETF Comparison

Comparison of Reaves Utilities ETF (UTES) to VanEck Vectors Low Carbon Energy ETF (SMOG)

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

$62.65

Average Daily Volume

33,676

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$107.34

Average Daily Volume

1,914

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	UTES	SMOG
30 Days	12.25%	4.87%
60 Days	18.63%	3.22%
90 Days	19.24%	9.19%
12 Months	42.61%	0.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTES	Weight in SMOG	Overlap
	NEE	C	17.92%	9.05%	9.05%

UTES Overweight 16 Positions Relative to SMOG

Symbol	Grade	Weight
CEG	A	10.24%
VST	A	8.9%
PCG	B	6.09%
CNP	D	5.04%
PEG	A	4.8%
EIX	C	4.7%
ATO	B	4.64%
PNW	B	4.54%
ETR	A	4.46%
SRE	B	4.42%
DTE	B	4.35%
PNM	B	3.2%
CMS	B	3.1%
NI	B	3.02%
IDA	C	1.24%
PPL	B	1.04%

UTES Underweight 28 Positions Relative to SMOG

Symbol	Grade	Weight
TSLA	C	-10.09%
FSLR	C	-3.91%
LI	D	-2.95%
ENPH	D	-2.78%
OC	D	-2.52%
EBR	D	-2.18%
RIVN	F	-1.99%
NIO	D	-1.85%
XPEV	C	-1.38%
IBP	D	-0.93%
BMI	B	-0.89%
LCID	D	-0.87%
CIG	C	-0.72%
ENS	D	-0.7%
RUN	C	-0.64%
ORA	C	-0.63%
HASI	C	-0.58%
TAC	B	-0.5%
QS	F	-0.48%
ELP	D	-0.39%
BE	F	-0.35%
AY	B	-0.35%
PLUG	F	-0.31%
SEDG	F	-0.2%
DQ	D	-0.19%
ARRY	F	-0.16%
JKS	D	-0.16%
CSIQ	F	-0.12%