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UTESvsZAPETF Comparison

ETF 1
UTES

Virtus Reaves Utilities ETF

This fund is part of
US Utilities
+0.85%
Full UTES fund page
VS
ETF 2
ZAP

Global X U.S. Electrification ETF

This fund is part of
Infrastructure
+0.06%
Full ZAP fund page

Virtus Reaves Utilities ETF (UTES) belongs to the US Utilities segment. Global X U.S. Electrification ETF (ZAP) is part of the Infrastructure segment. Both ETFs have the same top 3 sector exposures: and Utilities. UTES is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.5% for ZAP. UTES is up 1.98% year-to-date (YTD) with -$60M in YTD flows. ZAP performs better with 12.25% YTD performance, and +$80M in YTD flows. Run a side-by-side ETF comparison of UTES and ZAP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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UTES vs ZAP performance and flow charts

Performance

0.02.04.06.08.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

0 M10 M20 M30 M40 MFeb 11Feb 19Feb 26Mar 5Mar 12

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Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
UTES
ZAP
+1.30%-0.43%
+0.46%+11.31%
+1.98%+12.25%
+30.65%+37.88%
+92.36%n/a
+124.67%n/a
Flows
UTES
ZAP
+$33M+$32M
-$28M+$88M
-$60M+$80M
+$913M+$256M
+$1.23B-
+$1.24B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
UTES
ZAP
+23.67%+14.09%
+22.25%+15.93%
+21.05%n/a
+20.13%n/a
Max drawdown
UTES
ZAP
-8.65%-3.08%
-13.76%-8.69%
-17.24%n/a
-20.55%n/a
Max drawdown duration
UTES
ZAP
28d16d
147d26d
109dn/a
590dn/a
Trading data

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UTES
ZAP
Last sale
3/13/2026 at 1:30 PM
$81.63
$32.60
Previous close
03/12/2026
$80.86
$32.42
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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UTES
is actively managed and doesn’t replicate an index

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UTES
ZAP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
UTES
ZAP
Last price
$81.63
$32.60
1D performance
+0.95%
+0.57%
AuM$1.39 B$360.86 M
E/R0.49%0.5%
Characteristics
UTES
ZAP
Management strategyActivePassive
ProviderVIRTUS Investment PartnersGlobal X
Benchmark-Global X U.S. Electrification Index
N° of holdings1847
Asset class--
Trailing 12m distribution yield
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Inception dateFebruary 7, 2019December 18, 2024
ESGNoNo
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Exposure

Countries

UTES
USA
99.65%
Other
0.35%
ZAP
USA
94.41%
Other
5.59%

Sectors

UTES
Utilities
88.03%
Other
11.97%
ZAP
Utilities
70.27%
Industrials
23.18%
Other
6.55%
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Diversification

UTES

Total weight of top 15 holdings out of 15

94.89%
ZAP

Total weight of top 15 holdings out of 15

60.14%

Top 15 holdings

Data as of January 31, 2026
UTES
US87422Q1094
11.62%
VISTRA CORP
11.41%
CONSTELLATION ENERGY CORP
10.15%
XCEL ENERGY
7.28%
CENTERPOINT ENERGY
6.58%
NISOURCE
5.46%
ENTERGY
5.25%
NEXTERA ENERGY
5.18%
ALLIANT ENERGY
5.11%
NRG ENERGY
5.04%
SEMPRA ENERGY
4.97%
PPL
4.83%
IDACORP
4.27%
CMS ENERGY
4.06%
AMEREN
3.71%
ZAP
AMETEK
4.89%
QUANTA SERVICES
4.49%
US6362744095
4.45%
CONSOLIDATED EDISON
4.21%
NEXTERA ENERGY
4.20%
AMERICAN ELECTRIC POWER
4.06%
ENTERGY
4.03%
DOMINION ENERGY
4.02%
PUBLIC SRVCE ENT
3.89%
EATON CORP PLC
3.79%
DUKE ENERGY
3.76%
XCEL ENERGY
3.74%
EXELON CORP
3.71%
SOUTHERN
3.64%
AMEREN
3.26%
Frequently asked questions about UTES and ZAP

How have the UTES and ZAP ETFs performed in 2026?

As of March 11, 2026, UTES is up 1.98% year-to-date (YTD), while ZAP has returned 12.25%. That puts ZAP better performer ahead so far this year.

Which ETF is attracting more investor money: UTES or ZAP?

Year-to-date, the UTES ETF saw -$60M in flows, compared to +$80M for ZAP.

Which ETF is more volatile: UTES or ZAP?

Over the past year, UTES had a volatility of 22.25%, while ZAP experienced 15.93%.

Which ETF is bigger: UTES or ZAP?

As of March 11, 2026, UTES holds $1.39 B in assets under management (AUM), while ZAP manages $360.86 M.

What sectors do the UTES and ZAP ETFs invest in?

UTES leans toward sectors like Utilities. Meanwhile, ZAP focuses on Utilities and Industrials.

What are the top holdings of the UTES ETF and ZAP ETF?

UTES top holdings include US87422Q1094, VISTRA CORP and CONSTELLATION ENERGY CORP. ZAP holds in its top three: AMETEK, QUANTA SERVICES and US6362744095.

Which ETF is more diversified: UTES or ZAP?

UTES holds 18 securities with 94.89% of its assets in the top 15. ZAP has 50 securities and a top 15 weight of 60.14%.

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