UMI vs. MLPR
Compare and contrast key facts about USCF Midstream Energy Income Fund ETF (UMI) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR).
UMI and MLPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UMI is an actively managed fund by Wainwright, Inc.. It was launched on Mar 24, 2021. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UMI or MLPR.
Key characteristics
| UMI | MLPR | |
|---|---|---|
| YTD Return | 42.46% | 27.98% |
| 1Y Return | 46.43% | 30.82% |
| 3Y Return (Ann) | 23.53% | 32.01% |
| Sharpe Ratio | 3.76 | 1.56 |
| Sortino Ratio | 5.14 | 2.16 |
| Omega Ratio | 1.66 | 1.27 |
| Calmar Ratio | 8.30 | 2.65 |
| Martin Ratio | 30.20 | 8.09 |
| Ulcer Index | 1.60% | 4.09% |
| Daily Std Dev | 12.84% | 21.17% |
| Max Drawdown | -48.08% | -48.98% |
| Current Drawdown | -1.21% | -1.73% |
Correlation
The correlation between UMI and MLPR 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
UMI vs. MLPR - Performance Comparison
In the year-to-date period, UMI achieves a 42.46% return, which is significantly higher than MLPR's 27.98% return. 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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UMI vs. MLPR - Expense Ratio Comparison
UMI has a 0.85% expense ratio, which is lower than MLPR's 0.95% expense ratio.
Risk-Adjusted Performance
UMI vs. MLPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USCF Midstream Energy Income Fund ETF (UMI) and ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR). 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
UMI vs. MLPR - Dividend Comparison
UMI's dividend yield for the trailing twelve months is around 3.99%, less than MLPR's 9.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
UMI USCF Midstream Energy Income Fund ETF | 3.99% | 4.67% | 4.78% | 3.37% | 2.18% | 2.47% | 2.48% | 0.15% |
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | 9.84% | 10.08% | 10.07% | 10.69% | 4.21% | 0.00% | 0.00% | 0.00% |
Drawdowns
UMI vs. MLPR - Drawdown Comparison
The maximum UMI drawdown since its inception was -48.08%, roughly equal to the maximum MLPR drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for UMI and MLPR. For additional features, visit the drawdowns tool.
Volatility
UMI vs. MLPR - Volatility Comparison
The current volatility for USCF Midstream Energy Income Fund ETF (UMI) is 4.24%, while ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) has a volatility of 8.33%. This indicates that UMI experiences smaller price fluctuations and is considered to be less risky than MLPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.