USCF Midstream Energy Income Fund ETF (UMI) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UMI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UMI
UMI charges 0.85% annually. There are 81 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.64B | Dec 1998 | UMI vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | UMI vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | UMI vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | Nov 2025 | UMI vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | ā | Jul 2025 | UMI vs GXPE |
Best Risk-Adjusted Alternatives to UMI
UMI has a PortfoliosLab risk / return rank of 83. There are 11 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | UMI vs CRAK | |
| FT Energy Income Partners Strategy ETF | 93 | 563.46M | Nov 2022 | UMI vs EIPX | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | UMI vs PXJ | |
| VanEck Natural Resources ETF | 91 | 301.41M | Aug 2008 | UMI vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | UMI vs XLEI |
Top Performing UMI Alternatives (YTD)
UMI is at 26.70% YTD. There are 33 ETFs in the Energy Equities category with higher YTD returns, going as high as 95.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 95.09% | 65.33M | Nov 2021 | UMI vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 71.01% | 228.84M | Nov 2008 | UMI vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 61.53% | 2.82M | Oct 2025 | UMI vs TEXU | |
| WEBs Energy XLE Defined Volatility ETF | 50.61% | ā | Jul 2025 | UMI vs DVXE | |
| VanEck Oil Refiners ETF | 47.28% | 251.28M | Aug 2015 | UMI vs CRAK |
Lowest Volatility Alternatives to UMI
UMI has 14.59% 1-year volatility. There are 11 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | UMI vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | UMI vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.44% | 563.46M | Nov 2022 | UMI vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.58% | 1.31B | Nov 2022 | UMI vs BKGI | |
| TrueShares Eagle Global Next Gen Power Infrastruct... | 12.56% | 5.84M | Dec 2022 | UMI vs PWRZ |
Lowest Drawdown Alternatives to UMI
UMI has a 1-year max drawdown of -7.50%. There are 7 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 563.46M | Nov 2022 | UMI vs EIPX | |
| Westwood Salient Enhanced Midstream Income ETF | -5.98% | 152.76M | Apr 2024 | UMI vs MDST | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | UMI vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | UMI vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | UMI vs TPZ |
Other ETFs from USCF
The 10 most viewed USCF ETFs shown here include USO, CPER, BNO and span 6 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | Oil & Gas | 55 | 86.77% | 1.99B | Apr 2006 | UMI vs USO | |
| United States Copper Index Fund | Copper, Metals | 70 | 13.16% | 732.12M | Nov 2011 | UMI vs CPER | |
| United States Brent Oil Fund LP | Oil & Gas | 52 | 77.90% | 615.26M | Jun 2010 | UMI vs BNO | |
| United States Natural Gas Fund LP | Oil & Gas | 5 | -17.94% | 467.98M | Apr 2007 | UMI vs UNG | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | Commodities | 85 | 31.41% | 575.59M | May 2018 | UMI vs SDCI | |
| United States Commodity Index Fund | Commodities | 84 | 30.16% | 369.40M | Aug 2010 | UMI vs USCI | |
| USCF Energy Commodity Strategy Absolute Return Fun... | Commodities | 19 | 41.47% | 6.48M | May 2023 | UMI vs USE | |
| USCF Sustainable Commodity Strategy Fund | Commodities | 86 | 5.92% | 2.96M | Aug 2023 | UMI vs ZSC | |
| USCF Daily Target 2X Copper Index ETF | Copper, Leveraged Commodities | 66 | 20.21% | 22.43M | Jan 2025 | UMI vs CPXR | |
| USCF Sustainable Battery Metals Strategy Fund | Lithium & Battery Metals, Commodities | 78 | 2.41% | 2.14M | Jan 2023 | UMI vs ZSB |
Often Compared With UMI
Investors most often compare UMI with ENFR, MLPX, AMZA. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare UMI with Any Fund or Stock
Compare UMI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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Pair UMI with funds that move differently
USCF Midstream Energy Income Fund ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UMI.
Explore UMI Diversifiers