Without getting into a mudsling, I don't recall saying the Z1R excels at everything.
But it gets closest to
@Scuba Devils' list than any other headphone I've personally used or owned, and it doesn't require multiple thousands in source hardware to drive properly. It's also one of the more comfortable headphones, which immediately rules out the big, heavy planars.
I wouldn't pick Utopia for sub-bass even if I had unlimited budget (almost any decent IEM betters it for sub-bass), and don't get me started on Utopia's stage size. It's also got treble that will send you screaming with the wrong source. ZMFs are a good bet for sure, but again require beefy hardware to drive properly. So if you want a headphone with deep, powerful sub-bass, transparent/lush mids, treble that won't spike your eardrum, a generous stage with excellent technicalities, and all-day wearing comfort, plus the bonus of easy pairings, all for a reasonable price, I can't say I've personally heard anything that comes close. Possibly the Empyrean Elite, but I haven't spent enough time with it to be sure, and it's not a cheap option.
All the above is even more on point given what I know of Scubi's musical tastes. Electronic/ambient on the Z1R is mesmerising.