# Portfolio overlap — UTES vs FUGAX

Comparing **Virtus Reaves Utilities ETF** (2026-01-30) and **Fidelity Advisor Utilities Fund** (2025-07-31).

- Shared positions: 13
- Virtus Reaves Utilities ETF covered by Fidelity Advisor Utilities Fund: 0.5533935001339970566956869504
- Fidelity Advisor Utilities Fund covered by Virtus Reaves Utilities ETF: 0.5533935001339970566956869504

## Virtus Reaves Utilities ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TALEN ENERGY CORP | 0.117245 | ✓ |
| VISTRA CORP | 0.115468 | ✓ |
| CONSTELLATION ENERGY CORP | 0.111726 | ✓ |
| XCEL ENERGY INC | 0.073939 | ✓ |
| CENTERPOINT ENERGY INC | 0.067601 | ✓ |
| NEXTERA ENERGY INC | 0.049395 | ✓ |
| ALLIANT ENERGY CORPORATION | 0.049274 | ✓ |
| SEMPRA ENERGY | 0.049211 | ✓ |
| ENTERGY CORP | 0.049121 | ✓ |
| PPL CORPORATION | 0.049064 | ✓ |
| NISOURCE INC | 0.048949 | ✓ |
| NRG ENERGY INC | 0.047157 | ✓ |
| IDACORP INC | 0.043388 |  |
| CMS ENERGY CORP | 0.041042 |  |
| AMEREN CORP | 0.037927 | ✓ |
| PINNACLE WEST CAPITAL CORP | 0.031964 |  |
| OGE ENERGY CORP | 0.010764 |  |
| WEC ENERGY GROUP INC | 0.006765 |  |

## Fidelity Advisor Utilities Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NEXTERA ENERGY INC | 0.115879 | ✓ |
| CONSTELLATION ENERGY CORP | 0.092674 | ✓ |
| DUKE ENERGY CORP NEW | 0.079528 |  |
| VISTRA CORP | 0.075139 | ✓ |
| SEMPRA ENERGY | 0.062205 | ✓ |
| EXELON CORP | 0.054141 |  |
| ENTERGY CORP | 0.048857 | ✓ |
| NRG ENERGY INC | 0.040122 | ✓ |
| AMEREN CORP | 0.038829 | ✓ |
| XCEL ENERGY INC | 0.038678 | ✓ |
| PPL CORPORATION | 0.038213 | ✓ |
| CENTERPOINT ENERGY INC | 0.037628 | ✓ |
| EVERGY INC | 0.032731 |  |
| SOUTHERN CO | 0.031597 |  |
| NISOURCE INC | 0.030948 | ✓ |
| PG&E CORP | 0.029615 |  |
| CAMECO CORP | 0.022637 |  |
| AMERICAN ELECTRIC POWER CO INC | 0.020720 |  |
| GE VERNOVA LLC | 0.017122 |  |
| QUANTA SVCS INC | 0.015946 |  |
| UGI CORP NEW | 0.015783 |  |
| TXNM ENERGY INC | 0.012625 |  |
| TALEN ENERGY CORP | 0.011599 | ✓ |
| FIRST SOLAR INC | 0.008610 |  |
| EVERSOURCE ENERGY | 0.008264 |  |
| Fidelity Cash Central Fund | 0.005685 |  |
| TRANSALTA CORP | 0.004326 |  |
| AES CORP | 0.003533 |  |
| ALLIANT ENERGY CORPORATION | 0.003003 | ✓ |
| CAPITAL POWER CO | 0.001411 |  |
| Fidelity Securities Lending Cash Central Fund | 0.001010 |  |
| SUNRUN INC | 0.000943 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-012448` (as of 2026-01-30)
  <https://www.sec.gov/Archives/edgar/data/1559109/000094040026012448/0000940400-26-012448-index.htm>
- N-PORT (fund B) — accession `0000035402-25-000694` (as of 2025-07-31)
  <https://www.sec.gov/Archives/edgar/data/315700/000003540225000694/0000035402-25-000694-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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