UTG vs IVLU

Comparison between Reaves Utility Income Fund (UTG, ETF) and ISHARES MSCI INTL VALUE FACTOR ETF (IVLU, ETF).

5-Year PerformanceIVLU has outperformed UTG, delivering a return of +14.8% compared to +12.8%

UTG vs IVLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UTG(ETF)	IVLU(ETF)
Net Assets	$4B	$4B
Expense Ratio	N/A	0.31%
Max Drawdown	71.97%	45.37%
Sharpe Ratio	1.82	2.05
5Y Beta	0.49	0.69
5Y Dividends CAGR	3.54%	18.76%

Net Assets

UTG

$4B

IVLU

$4B

Expense Ratio

UTG

N/A

IVLU

0.31%

Max Drawdown

UTG

71.97%

Winner

IVLU

45.37%

Sharpe Ratio

UTG

1.82

Winner

IVLU

2.05

5Y Beta

Winner

UTG

0.49

IVLU

0.69

5Y Dividends CAGR

UTG

3.54%

Winner

IVLU

18.76%

UTG vs IVLU - Historical Returns

Returns include dividend reinvestment.

Period	UTG	IVLU
1 month	+5.61%	+1.24%
3 months	+10.43%	-0.49%
6 months	+18.34%	+15.42%
1 year	+38.00%	+38.08%
5 years(CAGR)	+12.79%	+14.77%
10 years(CAGR)	+11.21%	+11.04%
Max(CAGR)	+11.41%	+8.54%

Winner

UTG

+5.61%

IVLU

+1.24%

Winner

UTG

+10.43%

IVLU

-0.49%

Winner

UTG

+18.34%

IVLU

+15.42%

UTG

+38.00%

Winner

IVLU

+38.08%

5Y(CAGR)

UTG

+12.79%

Winner

IVLU

+14.77%

10Y(CAGR)

Winner

UTG

+11.21%

IVLU

+11.04%

Max(CAGR)

Winner

UTG

+11.41%

IVLU

+8.54%

UTG vs IVLU - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	UTG	IVLU
2026	+18.74%	+9.92%
2025	+22.37%	+46.91%
2024	+26.78%	+7.34%
2023	+1.15%	+18.89%
2022	-13.56%	-6.63%
2021	+14.73%	+15.17%
2020	-5.97%	-5.66%
2019	+34.02%	+15.74%
2018	+2.33%	-15.89%
2017	+5.13%	+21.93%
2016	+29.83%	+5.31%
2015	-13.79%	-10.18%
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 IVLU Drawdown Comparison

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

The maximum drawdown for IVLU was -41.86%, occurring on Mar 23, 2020. Recovery took 824 trading sessions.

The current UTG drawdown is -0.60%. The current IVLU drawdown is -1.58%.

Rank	UTG	IVLU
#1	-67.75% Jan 11, 2008 - Jul 30, 2010	-41.86% Jan 26, 2018 - May 6, 2021
#2	-47.96% Feb 12, 2020 - Sep 2, 2021	-26.01% Feb 9, 2022 - Jun 15, 2023
#3	-26.50% Apr 20, 2022 - Aug 15, 2024	-24.85% Aug 5, 2015 - May 5, 2017
#4	-22.66% Feb 3, 2015 - May 12, 2016	-15.48% Mar 19, 2025 - May 9, 2025
#5	-22.28% Aug 24, 2017 - Mar 18, 2019	-11.69% Feb 25, 2026 - Mar 20, 2026
#6	-21.31% Jul 25, 2011 - Sep 20, 2011	-9.66% Jul 31, 2023 - Dec 13, 2023
#7	-20.10% Mar 17, 2004 - Dec 22, 2004	-9.13% Jun 7, 2021 - Jan 7, 2022
#8	-15.96% Jul 3, 2012 - Mar 13, 2013	-8.95% Sep 26, 2024 - Feb 14, 2025
#9	-15.30% May 21, 2007 - Oct 31, 2007	-8.04% Jul 17, 2024 - Aug 23, 2024
#10	-14.94% Nov 27, 2024 - May 15, 2025	-5.41% Nov 12, 2025 - Dec 2, 2025
#11	-14.92% Sep 7, 2005 - Jul 26, 2006	-5.00% May 15, 2024 - Jul 12, 2024
#12	-13.54% May 17, 2013 - Feb 11, 2014	-4.82% Jan 14, 2022 - Feb 9, 2022
#13	-11.66% Jul 11, 2016 - Dec 27, 2016	-4.22% Apr 9, 2024 - May 6, 2024
#14	-11.57% Oct 15, 2025 - Feb 17, 2026	-3.86% Jul 23, 2025 - Aug 8, 2025
#15	-11.30% Sep 3, 2021 - Apr 20, 2022	-3.56% Oct 3, 2025 - Oct 27, 2025

Correlation

Correlation between UTG and IVLU is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2004 - 2026)

UTG vs IVLU dividend yield comparison.

Year	UTG	IVLU
2026	1.38%	0.00%
2025	6.42%	3.71%
2024	7.19%	4.46%
2023	8.53%	4.69%
2022	8.07%	3.59%
2021	6.35%	3.47%
2020	6.59%	2.05%
2019	5.69%	3.53%
2018	6.86%	2.82%
2017	6.21%	2.87%
2016	9.02%	2.53%
2015	6.86%	0.93%
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%