AMUB vs. UMI
Compare and contrast key facts about ETRACS Alerian MLP Index ETN Class B (AMUB) and USCF Midstream Energy Income Fund ETF (UMI).
AMUB and UMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMUB is a passively managed fund by UBS that tracks the performance of the Alerian MLP Index. It was launched on Oct 8, 2015. UMI is an actively managed fund by Wainwright, Inc.. It was launched on Mar 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMUB or UMI.
Key characteristics
| AMUB | UMI | |
|---|---|---|
| YTD Return | 12.11% | 11.58% |
| 1Y Return | 33.50% | 25.20% |
| 3Y Return (Ann) | 24.89% | 20.48% |
| 5Y Return (Ann) | 10.81% | 12.46% |
| Sharpe Ratio | 2.55 | 1.81 |
| Daily Std Dev | 13.00% | 13.83% |
| Max Drawdown | -73.04% | -48.08% |
| Current Drawdown | -3.03% | -1.74% |
Correlation
The correlation between AMUB and UMI is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMUB vs. UMI - Performance Comparison
The year-to-date returns for both stocks are quite close, with AMUB having a 12.11% return and UMI slightly lower at 11.58%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMUB vs. UMI - Expense Ratio Comparison
AMUB has a 0.80% expense ratio, which is lower than UMI's 0.85% expense ratio.
Risk-Adjusted Performance
AMUB vs. UMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian MLP Index ETN Class B (AMUB) 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.
Dividends
AMUB vs. UMI - Dividend Comparison
AMUB's dividend yield for the trailing twelve months is around 5.99%, more than UMI's 4.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMUB ETRACS Alerian MLP Index ETN Class B | 5.99% | 6.54% | 6.35% | 7.46% | 10.94% | 8.35% | 8.47% | 7.00% | 6.61% | 2.25% |
UMI USCF Midstream Energy Income Fund ETF | 4.56% | 4.67% | 4.78% | 3.00% | 2.18% | 2.47% | 2.48% | 0.15% | 0.00% | 0.00% |
Drawdowns
AMUB vs. UMI - Drawdown Comparison
The maximum AMUB drawdown since its inception was -73.04%, which is greater than UMI's maximum drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for AMUB and UMI. For additional features, visit the drawdowns tool.
Volatility
AMUB vs. UMI - Volatility Comparison
ETRACS Alerian MLP Index ETN Class B (AMUB) has a higher volatility of 4.20% compared to USCF Midstream Energy Income Fund ETF (UMI) at 3.69%. This indicates that AMUB's price experiences larger fluctuations and is considered to be riskier than UMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.