Final Fantasy XIV Database - Ffxivpro.com

On a side note, Third Eye has a static recast and instant cast rate and can absorb multiple attacks in one absorb and can continuously work with Seigan active. Utsusemi will save you from single target magic but neither will save you from AOE magic, however, Third Eye can absorb a handful of AOE based TP moves mobs use without eating multiple shadows.

Analyze what you're going up against and then decide which is more suitable for the situation.