Under The Hood Of UTES, a Gold-Rated ETF Offering Utilities Exposure
March 22, 2022 at 17:17 PM EDT
Active exposure is rare among sector funds, especially with respect to utilities, which is one reason why investors favor the Virtus Reaves Utilities ETF (UTES). According to Morningstar, despite being actively managed, the fund has an expense ratio of 49 basis points, maintaining a sizeable cost...