NEHI vs. UMI

Last updated Aug 4, 2026

NEHI (NEOS Ethereum High Income ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while UMI is a Energy Equities fund actively managed by USCF. Both are actively managed. Their -0.12 correlation means they have often moved in opposite directions in the past. NEHI charges 0.98%/yr vs 0.85%/yr for UMI.

Performance

NEHI vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEHI achieves a -34.62% return, which is significantly lower than UMI's 25.30% return.

NEHI

• 1D: 0.34%
• 1M: 9.03%
• 6M: -18.71%
• YTD: -34.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

UMI

• 1D: -1.10%
• 1M: 2.58%
• 6M: 18.10%
• YTD: 25.30%
• 1Y: 26.83%
• 3Y*: 25.99%
• 5Y*: 22.48%
• 10Y*: —
• ALL TIME*: 14.42%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NEHI NEOS Ethereum High Income ETF	$1.32M	$1.23M	$2.12M
UMI USCF Midstream Energy Income Fund ETF	$1.15M	$1.04M	$1.15M

NEHI vs. UMI - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-34.62%	-1.24%
UMI USCF Midstream Energy Income Fund ETF	25.30%	0.37%

Correlation

The correlation between NEHI and UMI is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	-0.12

Return for Risk

NEHI vs. UMI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NEHI

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

UMI

UMI Risk / Return Rank: 77
UMI Sharpe Ratio Rank: 78
UMI Sortino Ratio Rank: 77
UMI Omega Ratio Rank: 74
UMI Calmar Ratio Rank: 87
UMI Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NEHI vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NEHI	UMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.84	—
Sortino ratio: Return per unit of downside risk	—	2.56	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	3.60	—
Martin ratio: Return relative to average drawdown	—	9.01	—

Drawdowns

NEHI vs. UMI - Drawdown Comparison

The maximum NEHI drawdown since its inception was -50.12%, roughly equal to the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for NEHI and UMI.

Drawdown Indicators

	NEHI	UMI	Difference
Max Drawdown Largest peak-to-trough decline	-50.12%	-48.08%	-2.04%
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	-41.52%	-3.08%	-38.44%
Average Drawdown Average peak-to-trough decline	-29.67%	-6.53%	-23.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.99%	—

Volatility

Volatility by Period

	NEHI	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.49%	14.64%	+41.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.49%	19.36%	+37.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.49%	23.09%	+33.40%

NEHI vs. UMI - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than UMI's 0.85% expense ratio.

Dividends

NEHI vs. UMI - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 30.56%, more than UMI's 5.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEHI NEOS Ethereum High Income ETF	30.56%	2.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	5.86%	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 NEHI and UMI in my portfolio?

NEHI and UMI have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEHI or UMI?

On fees, UMI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEHI or UMI?

UMI is cheaper with a 0.85% expense ratio, compared with 0.98% for NEHI.

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

NEHI has the higher dividend yield at 30.56%, compared with 5.86% for UMI.

What is the main difference between NEHI and UMI?

NEHI is categorized as Cryptocurrency, while UMI is Energy Equities. They also come from different issuers: Neos and USCF. Their fees differ too: 0.98% for NEHI and 0.85% for UMI.