AMND vs. UMI

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and UMI (USCF Midstream Energy Income Fund ETF) are both Energy Equities funds. AMND is passively managed, while UMI is actively managed. A 0.77 correlation means they provide meaningful diversification when combined. AMND charges 0.75%/yr vs 0.85%/yr for UMI.

Performance

AMND vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMI

• 1D: 0.02%
• 1M: -1.04%
• YTD: 22.52%
• 6M: 22.06%
• 1Y: 23.91%
• 3Y*: 27.26%
• 5Y*: 20.29%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMND vs. UMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	40.42%	13.60%	21.27%	34.91%	10.45%
UMI USCF Midstream Energy Income Fund ETF	22.52%	5.11%	42.97%	14.60%	20.78%	20.97%	21.58%

Correlation

The correlation between AMND and UMI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.77

The correlation between AMND and UMI shifts across timeframes, from 0.61 (3 years) to 0.81 (5 years), reflecting how their relationship changes across market environments.

AMND vs. UMI - Sectors Allocation Comparison

Sectors	AMND	UMI
Basic Materials	0.0%	-
Communication Services	0.0%	-
Consumer Cyclical	0.0%	-
Consumer Defensive	0.0%	-
Energy	0.0%	99.0%
Financial Services	0.0%	-
Healthcare	0.0%	-
Industrials	0.0%	-
Real Estate	0.0%	-
Technology	0.0%	-
Utilities	0.0%	1.0%

Return for Risk

AMND vs. UMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UMI

UMI Risk / Return Rank: 52
UMI Sharpe Ratio Rank: 49
UMI Sortino Ratio Rank: 47
UMI Omega Ratio Rank: 47
UMI Calmar Ratio Rank: 64
UMI Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMND vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and USCF Midstream Energy Income Fund ETF (UMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMND	UMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.71	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.62	—

Drawdowns

Drawdown Indicators

	AMND	UMI	Difference
Max Drawdown Largest peak-to-trough decline	—	-48.08%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.05%	—
Current Drawdown Current decline from peak	—	-4.76%	—
Average Drawdown Average peak-to-trough decline	—	-6.60%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.70%	—

Volatility

Volatility by Period

	AMND	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.55%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.20%	—

AMND vs. UMI - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is lower than UMI's 0.85% expense ratio.

Dividends

AMND vs. UMI - Dividend Comparison

AMND has not paid dividends to shareholders, while UMI's dividend yield for the trailing twelve months is around 5.98%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	5.14%	6.56%	6.37%	7.10%	2.49%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	5.98%	6.23%	4.39%	4.67%	4.36%	3.00%	2.18%	2.47%	2.48%	0.15%

Frequently Asked Questions

Can I hold both AMND and UMI in my portfolio?

AMND and UMI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMND or UMI?

On fees, AMND is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or UMI?

AMND is cheaper with a 0.75% expense ratio, compared with 0.85% for UMI.

Which ETF pays a higher dividend yield, AMND or UMI?

UMI has the higher dividend yield at 5.98%, compared with 0.00% for AMND.

What is the main difference between AMND and UMI?

They also come from different issuers: UBS and Wainwright, Inc.. Their fees differ too: 0.75% for AMND and 0.85% for UMI.