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 52 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% | 36.84B | Dec 1998 | UMI vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.90B | Oct 2013 | UMI vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | UMI vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 526.25M | 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 54. There are 18 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 89 | 7.93M | May 2025 | UMI vs USNG | |
| Invesco Dynamic Oil & Gas Services ETF | 81 | 126.14M | Oct 2005 | UMI vs PXJ | |
| VanEck Natural Resources ETF | 78 | 320.59M | Aug 2008 | UMI vs HAP | |
| American Beacon GLG Natural Resources ETF | 77 | 915.55M | Feb 2024 | UMI vs MGNR | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 77 | 527.65M | Jun 2006 | UMI vs XES |
Top Performing UMI Alternatives (YTD)
UMI is at 21.76% YTD. There are 26 ETFs in the Energy Equities category with higher YTD returns, going as high as 41.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Oil & Gas Services ETF | 41.96% | 126.14M | Oct 2005 | UMI vs PXJ | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 40.73% | 527.65M | Jun 2006 | UMI vs XES | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 36.83% | 7.93M | May 2025 | UMI vs USNG | |
| VanEck Oil Services ETF | 36.57% | 2.12B | Dec 2011 | UMI vs OIH | |
| iShares U.S. Oil Equipment & Services ETF | 34.28% | 596.50M | May 2006 | UMI vs IEZ |
Lowest Volatility Alternatives to UMI
UMI has 14.23% 1-year volatility. There are 7 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 10.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | 10.88% | 6.30M | Nov 2023 | UMI vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.15% | 518.62M | Nov 2022 | UMI vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.65% | 1.14B | Nov 2022 | UMI vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.37% | 152.76M | Apr 2024 | UMI vs MDST | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.04% | 657.68M | Dec 2025 | UMI vs MLPI |
Lowest Drawdown Alternatives to UMI
UMI has a 1-year max drawdown of -7.50%. There are 8 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% | 518.62M | Nov 2022 | UMI vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | UMI vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | UMI vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | UMI vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.93M | May 2025 | UMI vs USNG |
Often Compared With UMI
Investors most often compare UMI with ENFR, MLPX, AMZA. These 20 comparison targets span 11 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