MLPR vs. UMI
Compare and contrast key facts about ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) and USCF Midstream Energy Income Fund ETF (UMI).
MLPR and UMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPR is a passively managed fund by UBS that tracks the performance of the Alerian MLP Index (150%). It was launched on Jun 2, 2020. 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: MLPR or UMI.
Correlation
The correlation between MLPR and UMI is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MLPR vs. UMI - Performance Comparison
Key characteristics
MLPR:
1.27
UMI:
2.19
MLPR:
1.82
UMI:
2.85
MLPR:
1.22
UMI:
1.38
MLPR:
2.31
UMI:
3.42
MLPR:
6.38
UMI:
10.21
MLPR:
4.89%
UMI:
3.48%
MLPR:
24.65%
UMI:
16.20%
MLPR:
-48.98%
UMI:
-48.08%
MLPR:
-0.01%
UMI:
-3.81%
Returns By Period
In the year-to-date period, MLPR achieves a 19.39% return, which is significantly higher than UMI's 6.26% return.
MLPR
19.39%
1.40%
25.65%
31.06%
N/A
N/A
UMI
6.26%
1.69%
17.94%
35.81%
32.29%
N/A
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MLPR vs. UMI - Expense Ratio Comparison
MLPR has a 0.95% expense ratio, which is higher than UMI's 0.85% expense ratio.
Risk-Adjusted Performance
MLPR vs. UMI — Risk-Adjusted Performance Rank
MLPR
UMI
MLPR vs. UMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) 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
MLPR vs. UMI - Dividend Comparison
MLPR's dividend yield for the trailing twelve months is around 8.43%, more than UMI's 3.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 8.43% | 9.57% | 10.08% | 10.07% | 10.69% | 4.21% | 0.00% | 0.00% | 0.00% |
UMI USCF Midstream Energy Income Fund ETF | 3.73% | 4.39% | 4.67% | 4.78% | 3.37% | 2.18% | 2.47% | 2.48% | 0.15% |
Drawdowns
MLPR vs. UMI - Drawdown Comparison
The maximum MLPR drawdown since its inception was -48.98%, roughly equal to the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for MLPR and UMI. For additional features, visit the drawdowns tool.
Volatility
MLPR vs. UMI - Volatility Comparison
ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a higher volatility of 6.74% compared to USCF Midstream Energy Income Fund ETF (UMI) at 5.13%. This indicates that MLPR'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.