JRE vs. UMI

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson U.S. Real Estate ETF (JRE) and USCF Midstream Energy Income Fund ETF (UMI).

JRE and UMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JRE is an actively managed fund by Janus Henderson. It was launched on Jun 22, 2021. UMI is an actively managed fund by Wainwright, Inc.. It was launched on Mar 24, 2021.

Performance

JRE vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson U.S. Real Estate ETF (JRE) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

JRE vs. UMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JRE Janus Henderson U.S. Real Estate ETF	6.33%	2.97%	7.65%	8.79%	-23.47%	16.45%
UMI USCF Midstream Energy Income Fund ETF	18.78%	5.11%	42.97%	14.60%	20.78%	-0.91%

Returns By Period

In the year-to-date period, JRE achieves a 6.33% return, which is significantly lower than UMI's 18.78% return.

JRE

• 1D: 0.84%
• 1M: -4.31%
• YTD: 6.33%
• 6M: 5.82%
• 1Y: 9.35%
• 3Y*: 7.54%
• 5Y*: —
• 10Y*: —

UMI

• 1D: -1.83%
• 1M: -0.87%
• YTD: 18.78%
• 6M: 17.63%
• 1Y: 17.50%
• 3Y*: 26.90%
• 5Y*: 23.65%
• 10Y*: —

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

JRE vs. UMI - Expense Ratio Comparison

JRE has a 0.65% expense ratio, which is lower than UMI's 0.85% expense ratio.

UMI

USCF Midstream Energy Income Fund ETF

JRE

Janus Henderson U.S. Real Estate ETF

Return for Risk

JRE vs. UMI — Risk / Return Rank

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

JRE

JRE Risk / Return Rank: 29
JRE Sharpe Ratio Rank: 28
JRE Sortino Ratio Rank: 28
JRE Omega Ratio Rank: 28
JRE Calmar Ratio Rank: 28
JRE Martin Ratio Rank: 33

UMI

UMI Risk / Return Rank: 48
UMI Sharpe Ratio Rank: 52
UMI Sortino Ratio Rank: 46
UMI Omega Ratio Rank: 52
UMI Calmar Ratio Rank: 46
UMI Martin Ratio Rank: 42

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.

JRE vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson U.S. Real Estate ETF (JRE) 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.

	JRE	UMI	Difference
Sharpe ratio Return per unit of total volatility	0.57	0.99	-0.42
Sortino ratio Return per unit of downside risk	0.87	1.31	-0.44
Omega ratio Gain probability vs. loss probability	1.12	1.21	-0.08
Calmar ratio Return relative to maximum drawdown	0.72	1.25	-0.53
Martin ratio Return relative to average drawdown	3.25	4.13	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JRE vs. UMI - Sharpe Ratio Comparison

The current JRE Sharpe Ratio is 0.57, which is lower than the UMI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of JRE and UMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JRE	UMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	0.99	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.62	-0.47

Correlation

The correlation between JRE and UMI is 0.44, 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.

Dividends

JRE vs. UMI - Dividend Comparison

JRE's dividend yield for the trailing twelve months is around 5.32%, less than UMI's 6.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JRE Janus Henderson U.S. Real Estate ETF	5.32%	5.81%	2.20%	2.77%	2.87%	0.90%	0.00%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	6.07%	6.23%	4.39%	4.67%	4.36%	3.00%	2.18%	2.47%	2.48%	0.15%

Drawdowns

JRE vs. UMI - Drawdown Comparison

The maximum JRE drawdown since its inception was -31.69%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for JRE and UMI.

Drawdown Indicators

	JRE	UMI	Difference
Max Drawdown Largest peak-to-trough decline	-31.69%	-48.08%	+16.39%
Max Drawdown (1Y) Largest decline over 1 year	-12.93%	-14.76%	+1.83%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.05%	—
Current Drawdown Current decline from peak	-4.31%	-3.39%	-0.92%
Average Drawdown Average peak-to-trough decline	-13.04%	-6.67%	-6.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	4.47%	-1.59%

Volatility

JRE vs. UMI - Volatility Comparison

Janus Henderson U.S. Real Estate ETF (JRE) has a higher volatility of 4.96% compared to USCF Midstream Energy Income Fund ETF (UMI) at 4.10%. This indicates that JRE'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.

Volatility by Period

	JRE	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	4.10%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	9.21%	9.89%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	16.56%	17.84%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.86%	20.47%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.86%	23.29%	-4.43%