DEM vs UTG

Comparison between WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND (DEM, ETF) and Reaves Utility Income Fund (UTG, ETF).

5-Year PerformanceUTG has outperformed DEM, delivering a return of +10.7% compared to +9.7%

DEM vs UTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DEM(ETF)	UTG(ETF)
Net Assets	$4B	$4B
Expense Ratio	0.63%	N/A
Max Drawdown	57.03%	71.97%
Sharpe Ratio	1.59	1.19
5Y Beta	0.60	0.50
5Y Dividends CAGR	6.07%	1.97%

Net Assets

DEM

$4B

UTG

$4B

Expense Ratio

DEM

0.63%

UTG

N/A

Max Drawdown

Winner

DEM

57.03%

UTG

71.97%

Sharpe Ratio

Winner

DEM

1.59

UTG

1.19

5Y Beta

DEM

0.60

Winner

UTG

0.50

5Y Dividends CAGR

Winner

DEM

6.07%

UTG

1.97%

DEM vs UTG - Historical Returns

Returns include dividend reinvestment.

Period	DEM	UTG
1 month	+3.24%	-5.60%
3 months	+14.22%	+3.08%
6 months	+21.06%	+13.51%
1 year	+28.20%	+23.61%
5 years(CAGR)	+9.65%	+10.74%
10 years(CAGR)	+10.62%	+10.22%
Max(CAGR)	+5.11%	+11.08%

Winner

DEM

+3.24%

UTG

-5.60%

Winner

DEM

+14.22%

UTG

+3.08%

Winner

DEM

+21.06%

UTG

+13.51%

Winner

DEM

+28.20%

UTG

+23.61%

5Y(CAGR)

DEM

+9.65%

Winner

UTG

+10.74%

10Y(CAGR)

Winner

DEM

+10.62%

UTG

+10.22%

Max(CAGR)

DEM

+5.11%

Winner

UTG

+11.08%

DEM vs UTG - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	DEM	UTG
2026	+18.40%	+12.09%
2025	+21.85%	+22.37%
2024	+5.66%	+26.78%
2023	+21.11%	+1.15%
2022	-10.64%	-13.56%
2021	+10.71%	+14.73%
2020	-7.42%	-5.97%
2019	+19.79%	+34.02%
2018	-8.80%	+2.33%
2017	+24.78%	+5.13%
2016	+26.16%	+29.83%
2015	-20.90%	-13.79%
2014	-10.17%	+39.83%
2013	-8.21%	+10.08%
2012	+13.65%	+1.56%
2011	-11.22%	+23.57%
2010	+20.83%	+24.97%
2009	+53.78%	+61.39%
2008	-33.89%	-48.71%
2007	+2.61%	+13.03%
2006	N/A	+31.94%
2005	N/A	+3.28%
2004	N/A	+5.01%

DEM vs UTG Drawdown Comparison

The maximum drawdown for DEM was -51.78%, occurring on Mar 2, 2009. Recovery took 471 trading sessions.

The maximum drawdown for UTG was -67.75%, occurring on Mar 9, 2009. Recovery took 642 trading sessions.

The current DEM drawdown is -1.29%. The current UTG drawdown is -6.16%.

Rank	DEM	UTG
#1	-51.78% May 19, 2008 - Apr 1, 2010	-67.75% Jan 11, 2008 - Jul 30, 2010
#2	-47.00% Apr 29, 2011 - Jan 18, 2018	-47.96% Feb 12, 2020 - Sep 2, 2021
#3	-37.79% Jan 13, 2020 - Mar 15, 2021	-26.50% Apr 20, 2022 - Aug 15, 2024
#4	-27.12% Feb 16, 2022 - Feb 20, 2024	-22.66% Feb 3, 2015 - May 12, 2016
#5	-19.03% Jan 26, 2018 - Jan 2, 2020	-22.28% Aug 24, 2017 - Mar 18, 2019
#6	-18.42% Apr 14, 2010 - Sep 13, 2010	-21.31% Jul 25, 2011 - Sep 20, 2011
#7	-16.36% Jul 23, 2007 - Sep 27, 2007	-20.10% Mar 17, 2004 - Dec 22, 2004
#8	-15.64% Oct 7, 2024 - Jun 6, 2025	-15.96% Jul 3, 2012 - Mar 13, 2013
#9	-15.33% Oct 31, 2007 - May 15, 2008	-15.30% May 21, 2007 - Oct 31, 2007
#10	-9.48% Jul 11, 2024 - Sep 24, 2024	-14.94% Nov 27, 2024 - May 15, 2025
#11	-9.17% Jun 4, 2021 - Jan 12, 2022	-14.92% Sep 7, 2005 - Jul 26, 2006
#12	-7.89% Feb 25, 2026 - Apr 17, 2026	-13.54% May 17, 2013 - Feb 11, 2014
#13	-6.69% Jan 3, 2011 - Mar 30, 2011	-11.66% Jul 11, 2016 - Dec 27, 2016
#14	-6.36% Nov 4, 2010 - Dec 31, 2010	-11.57% Oct 15, 2025 - Feb 17, 2026
#15	-5.30% Sep 17, 2025 - Nov 10, 2025	-11.30% Sep 3, 2021 - Apr 20, 2022

Correlation

Correlation between DEM and UTG is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2004 - 2026)

DEM vs UTG dividend yield comparison.

Year	DEM	UTG
2026	0.42%	1.96%
2025	4.88%	6.42%
2024	5.24%	7.19%
2023	5.49%	8.53%
2022	8.62%	8.07%
2021	5.87%	6.35%
2020	4.21%	6.59%
2019	4.78%	5.69%
2018	4.47%	6.86%
2017	3.67%	6.21%
2016	3.63%	9.02%
2015	5.21%	6.86%
2014	5.51%	5.06%
2013	4.10%	6.31%
2012	3.29%	6.30%
2011	4.44%	6.49%
2010	3.24%	6.17%
2009	2.93%	7.78%
2008	5.85%	13.58%
2007	0.92%	8.08%
2006	0.00%	5.47%
2005	0.00%	7.65%
2004	0.00%	4.88%