GSY vs UTG

Comparison between INVESCO ULTRA SHORT DURATION ETF (GSY, ETF) and Reaves Utility Income Fund (UTG, ETF).

5-Year PerformanceUTG has outperformed GSY, delivering a return of +11.9% compared to +3.6%

GSY vs UTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GSY(ETF)	UTG(ETF)
Net Assets	$3.60B	$3.60B
Expense Ratio	0.22%	N/A
Max Drawdown	12.14%	71.97%
Sharpe Ratio	2.40	1.67
5Y Beta	0.00	0.49
5Y Dividends CAGR	32.93%	3.54%

Net Assets

GSY

$3.60B

UTG

$3.60B

Expense Ratio

GSY

0.22%

UTG

N/A

Max Drawdown

Winner

GSY

12.14%

UTG

71.97%

Sharpe Ratio

Winner

GSY

2.40

UTG

1.67

5Y Beta

Winner

GSY

0.00

UTG

0.49

5Y Dividends CAGR

Winner

GSY

32.93%

UTG

3.54%

GSY vs UTG - Historical Returns

Returns include dividend reinvestment.

Period	GSY	UTG
1 month	+0.41%	+4.87%
3 months	+0.79%	+11.70%
6 months	+1.98%	+17.48%
1 year	+4.66%	+34.99%
5 years(CAGR)	+3.61%	+11.92%
10 years(CAGR)	+2.86%	+11.10%
Max(CAGR)	+1.94%	+11.31%

GSY

+0.41%

Winner

UTG

+4.87%

GSY

+0.79%

Winner

UTG

+11.70%

GSY

+1.98%

Winner

UTG

+17.48%

GSY

+4.66%

Winner

UTG

+34.99%

5Y(CAGR)

GSY

+3.61%

Winner

UTG

+11.92%

10Y(CAGR)

GSY

+2.86%

Winner

UTG

+11.10%

Max(CAGR)

GSY

+1.94%

Winner

UTG

+11.31%

GSY vs UTG - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	GSY	UTG
2026	+1.27%	+16.22%
2025	+4.98%	+22.37%
2024	+6.00%	+26.78%
2023	+6.03%	+1.15%
2022	+0.05%	-13.56%
2021	+0.03%	+14.73%
2020	+1.90%	-5.97%
2019	+3.34%	+34.02%
2018	+2.16%	+2.33%
2017	+1.88%	+5.13%
2016	+1.81%	+29.83%
2015	+1.00%	-13.79%
2014	+0.76%	+39.83%
2013	+1.37%	+10.08%
2012	+1.53%	+1.56%
2011	+0.09%	+23.57%
2010	-0.15%	+24.97%
2009	+0.06%	+61.39%
2008	+1.62%	-48.71%
2007	N/A	+13.03%
2006	N/A	+31.94%
2005	N/A	+3.28%
2004	N/A	+5.01%

GSY vs UTG Drawdown Comparison

The maximum drawdown for GSY was -12.14%, occurring on Dec 4, 2008. Recovery took 2158 trading sessions.

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

The current UTG drawdown is -2.70%.

Rank	GSY	UTG
#1	-12.14% Dec 3, 2008 - Jun 30, 2017	-67.75% Jan 11, 2008 - Jul 30, 2010
#2	-5.25% Mar 5, 2020 - May 27, 2020	-47.96% Feb 12, 2020 - Sep 2, 2021
#3	-3.29% Nov 20, 2008 - Dec 3, 2008	-26.50% Apr 20, 2022 - Aug 15, 2024
#4	-1.48% Sep 15, 2021 - Jan 9, 2023	-22.66% Feb 3, 2015 - May 12, 2016
#5	-0.90% Aug 25, 2008 - Sep 24, 2008	-22.28% Aug 24, 2017 - Mar 18, 2019
#6	-0.80% Sep 24, 2008 - Oct 30, 2008	-21.31% Jul 25, 2011 - Sep 20, 2011
#7	-0.56% Apr 24, 2008 - May 8, 2008	-20.10% Mar 17, 2004 - Dec 22, 2004
#8	-0.30% May 8, 2008 - May 14, 2008	-15.96% Jul 3, 2012 - Mar 13, 2013
#9	-0.26% Jul 25, 2008 - Aug 25, 2008	-15.30% May 21, 2007 - Oct 31, 2007
#10	-0.20% Mar 25, 2008 - Apr 24, 2008	-14.94% Nov 27, 2024 - May 15, 2025
#11	-0.18% Feb 12, 2008 - Feb 28, 2008	-14.92% Sep 7, 2005 - Jul 26, 2006
#12	-0.18% May 23, 2008 - Jun 24, 2008	-13.54% May 17, 2013 - Feb 11, 2014
#13	-0.18% Jun 24, 2008 - Jul 25, 2008	-11.66% Jul 11, 2016 - Dec 27, 2016
#14	-0.18% Apr 3, 2025 - Apr 17, 2025	-11.57% Oct 15, 2025 - Feb 17, 2026
#15	-0.16% Mar 24, 2023 - Apr 3, 2023	-11.30% Sep 3, 2021 - Apr 20, 2022

Correlation

Correlation between GSY and UTG is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2004 - 2026)

GSY vs UTG dividend yield comparison.

Year	GSY	UTG
2026	1.38%	1.41%
2025	4.56%	6.42%
2024	5.31%	7.19%
2023	4.95%	8.53%
2022	1.70%	8.07%
2021	0.58%	6.35%
2020	1.45%	6.59%
2019	2.71%	5.69%
2018	2.30%	6.86%
2017	1.80%	6.21%
2016	1.21%	9.02%
2015	1.17%	6.86%
2014	1.29%	5.06%
2013	1.15%	6.31%
2012	0.72%	6.30%
2011	0.32%	6.49%
2010	0.01%	6.17%
2009	0.24%	7.78%
2008	1.81%	13.58%
2007	0.00%	8.08%
2006	0.00%	5.47%
2005	0.00%	7.65%
2004	0.00%	4.88%