UTG vs IDEF

Comparison between Reaves Utility Income Fund (UTG, ETF) and iShares Defense Industrials Active ETF (IDEF, ETF).

UTG vs IDEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UTG(ETF)	IDEF(ETF)
Net Assets	$4B	$4.10B
Expense Ratio	N/A	0.55%
Max Drawdown	71.97%	15.84%
Sharpe Ratio	0.84	0.38
5Y Beta	0.52	1.12
P/E Ratio	N/A	48.94
Forward P/E	N/A	30.39
5Y Dividends CAGR	2.05%	N/A
Debt to Equity	N/A	129.19%
P/S Ratio	N/A	2.70
P/B Ratio	N/A	5.86

Net Assets

UTG

$4B

Winner

IDEF

$4.10B

Expense Ratio

UTG

N/A

IDEF

0.55%

Max Drawdown

UTG

71.97%

Winner

IDEF

15.84%

Sharpe Ratio

Winner

UTG

0.84

IDEF

0.38

5Y Beta

Winner

UTG

0.52

IDEF

1.12

P/E Ratio

UTG

N/A

IDEF

48.94

Forward P/E

UTG

N/A

IDEF

30.39

5Y Dividends CAGR

UTG

2.05%

IDEF

N/A

Debt to Equity

UTG

N/A

IDEF

129.19%

P/S Ratio

UTG

N/A

IDEF

2.70

P/B Ratio

UTG

N/A

IDEF

5.86

UTG vs IDEF - Historical Returns

Returns include dividend reinvestment.

Period	UTG	IDEF
1 month	-1.97%	-3.28%
3 months	-1.29%	-9.34%
6 months	+9.14%	-11.43%
1 year	+19.35%	+11.16%
5 years(CAGR)	+10.77%	N/A
10 years(CAGR)	+10.05%	N/A
Max(CAGR)	+11.04%	+22.44%

Winner

UTG

-1.97%

IDEF

-3.28%

Winner

UTG

-1.29%

IDEF

-9.34%

Winner

UTG

+9.14%

IDEF

-11.43%

Winner

UTG

+19.35%

IDEF

+11.16%

5Y(CAGR)

UTG

+10.77%

IDEF

N/A

10Y(CAGR)

UTG

+10.05%

IDEF

N/A

Max(CAGR)

UTG

+11.04%

Winner

IDEF

+22.44%

UTG vs IDEF - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	UTG	IDEF
2026	+12.41%	-0.14%
2025	+22.37%	+23.05%
2024	+26.78%	N/A
2023	+1.15%	N/A
2022	-13.56%	N/A
2021	+14.73%	N/A
2020	-5.97%	N/A
2019	+34.02%	N/A
2018	+2.33%	N/A
2017	+5.13%	N/A
2016	+29.83%	N/A
2015	-13.79%	N/A
2014	+39.83%	N/A
2013	+10.08%	N/A
2012	+1.56%	N/A
2011	+23.57%	N/A
2010	+24.97%	N/A
2009	+61.39%	N/A
2008	-48.71%	N/A
2007	+13.03%	N/A
2006	+31.94%	N/A
2005	+3.28%	N/A
2004	+5.01%	N/A

UTG vs IDEF Drawdown Comparison

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

The maximum drawdown for IDEF was -15.70%, occurring on Jun 26, 2026. This drawdown has not yet recovered.

The current UTG drawdown is -5.89%. The current IDEF drawdown is -14.12%.

Rank	UTG	IDEF
#1	-67.75% Jan 11, 2008 - Jul 30, 2010	-15.70% Mar 2, 2026 - Jun 26, 2026
#2	-47.96% Feb 12, 2020 - Sep 2, 2021	-12.27% Oct 8, 2025 - Jan 5, 2026
#3	-26.50% Apr 20, 2022 - Aug 15, 2024	-7.38% Jan 16, 2026 - Mar 2, 2026
#4	-22.66% Feb 3, 2015 - May 12, 2016	-4.33% Aug 6, 2025 - Sep 10, 2025
#5	-22.28% Aug 24, 2017 - Mar 18, 2019	-1.59% Jun 30, 2025 - Jul 9, 2025
#6	-21.31% Jul 25, 2011 - Sep 20, 2011	-1.52% Jul 23, 2025 - Aug 4, 2025
#7	-20.10% Mar 17, 2004 - Dec 22, 2004	-1.25% Jun 9, 2025 - Jun 13, 2025
#8	-15.96% Jul 3, 2012 - Mar 13, 2013	-1.21% Jul 18, 2025 - Jul 23, 2025
#9	-15.30% May 21, 2007 - Oct 31, 2007	-0.71% Sep 16, 2025 - Sep 19, 2025
#10	-14.94% Nov 27, 2024 - May 15, 2025	-0.70% Jul 14, 2025 - Jul 17, 2025
#11	-14.92% Sep 7, 2005 - Jul 26, 2006	-0.68% Sep 23, 2025 - Sep 26, 2025
#12	-13.54% May 17, 2013 - Feb 11, 2014	-0.63% Jun 16, 2025 - Jun 23, 2025
#13	-11.66% Jul 11, 2016 - Dec 27, 2016	-0.56% Jul 9, 2025 - Jul 14, 2025
#14	-11.57% Oct 15, 2025 - Feb 17, 2026	-0.47% Oct 6, 2025 - Oct 8, 2025
#15	-11.30% Sep 3, 2021 - Apr 20, 2022	-0.41% May 27, 2025 - May 30, 2025

Correlation

Correlation between UTG and IDEF is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2004 - 2026)

UTG vs IDEF dividend yield comparison.

Year	UTG	IDEF
2026	2.46%	0.17%
2025	6.42%	0.17%
2024	7.19%	0.00%
2023	8.53%	0.00%
2022	8.07%	0.00%
2021	6.35%	0.00%
2020	6.59%	0.00%
2019	5.69%	0.00%
2018	6.86%	0.00%
2017	6.21%	0.00%
2016	9.02%	0.00%
2015	6.86%	0.00%
2014	5.06%	0.00%
2013	6.31%	0.00%
2012	6.30%	0.00%
2011	6.49%	0.00%
2010	6.17%	0.00%
2009	7.78%	0.00%
2008	13.58%	0.00%
2007	8.08%	0.00%
2006	5.47%	0.00%
2005	7.65%	0.00%
2004	4.88%	0.00%