{"id":3073,"date":"2026-11-04T17:15:45","date_gmt":"2026-11-04T20:15:45","guid":{"rendered":"https:\/\/www.dexetfs.com.br\/?post_type=noticias&p=3073"},"modified":"2026-11-04T17:15:45","modified_gmt":"2026-11-04T20:15:45","slug":"utll11-utli11-queda-utilities","status":"publish","type":"noticias","link":"https:\/\/www.dexetfs.com.br\/en\/noticias\/utll11-utli11-queda-utilities\/","title":{"rendered":"UTLL11 e UTLI11 caem com Sabesp, Axia e Eneva; concentra\u00e7\u00e3o explica press\u00e3o nas utilities"},"content":{"rendered":"
\"\"

Cr\u00e9ditos: iStock<\/p><\/div>\n

O UTLL11 caiu 2,23% e o UTLI11 perdeu 1,76% ontem, 3 de novembro. A baixa atingiu as principais posi\u00e7\u00f5es das duas carteiras, com press\u00e3o simult\u00e2nea sobre saneamento, energia e neg\u00f3cios de expans\u00e3o intensiva em capital.<\/p>\n

Cinco empresas concentravam mais de 70% das carteiras<\/h2>\n

Na composi\u00e7\u00e3o recente do UTLL11, Sabesp representava 20,27%, Axia Energia 19,50%, Eneva 11,57%, Equatorial 10,97% e Copel 10,29%. A soma era de 72,60%. No UTLI11, os mesmos nomes chegavam a 72,93%, com pesos muito pr\u00f3ximos.<\/p>\n

Ontem, 3 de novembro, SBSP3 caiu 1,74%, AXIA3 perdeu 2,19%, ENEV3 recuou 2,14%, EQTL3 caiu 1,35% e CPLE3, 1,47%. Houve, assim, deteriora\u00e7\u00e3o na maior parte do n\u00facleo econ\u00f4mico dos fundos.<\/p>\n

 <\/p>\n

\"\"<\/p>\n

Quer acompanhar as discuss\u00f5es sobre \u00edndices, estrat\u00e9gias e o mercado de ETFs? O INDEX 2026, evento anual da DEX, acontece no dia 12 de novembro, em S\u00e3o Paulo. Garanta a sua vaga.<\/a><\/p><\/blockquote>\n

Previsibilidade de receita n\u00e3o elimina o risco de juros<\/h2>\n

O ponto comum \u00e9 o custo de capital. Sabesp e Equatorial precisam financiar investimentos de longo prazo; Eneva combina expans\u00e3o e ativos de gera\u00e7\u00e3o; Axia e Copel carregam exposi\u00e7\u00f5es relevantes \u00e0 gera\u00e7\u00e3o e \u00e0 comercializa\u00e7\u00e3o de energia. Uma reavalia\u00e7\u00e3o para cima das taxas de juros reduz o valor presente dos fluxos futuros e aumenta a exig\u00eancia de retorno para financiar esses neg\u00f3cios.<\/p>\n

Em um m\u00eas, o UTLL11 perdia 16,12% e o UTLI11, 15,17%. A composi\u00e7\u00e3o semelhante sustenta uma leitura setorial para a corre\u00e7\u00e3o.<\/p>\n

Os resgates semanais foram de R$ 23 milh\u00f5es e R$ 26 milh\u00f5es, para patrim\u00f4nios de R$ 229,89 milh\u00f5es e R$ 88,30 milh\u00f5es, respectivamente.<\/p>\n

 <\/p>\n

\n

Conte\u00fado informativo. N\u00e3o constitui recomenda\u00e7\u00e3o de investimento.<\/strong><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Sabesp, Axia, Eneva, Equatorial e Copel concentravam mais de 70% das carteiras. A queda conjunta exp\u00f4s a sensibilidade das utilities ao custo de capital.<\/p>\n","protected":false},"featured_media":2162,"template":"","categories":[74],"tag_noticias":[73],"class_list":["post-3073","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","category-brasil","tag_noticias-analise"],"yoast_head":"\nUTLL11 e UTLI11 caem com Sabesp, Axia e Eneva; concentra\u00e7\u00e3o explica press\u00e3o nas utilities - DEX | Portal de ETFs<\/title>\n<meta name=\"description\" content=\"UTLL11 caiu 2,23% e UTLI11 perdeu 1,76%. 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