USAI vs. HESM
Compare and contrast key facts about Pacer American Energy Independence ETF (USAI) and Hess Midstream LP (HESM).
USAI is a passively managed fund by Pacer Advisors that tracks the performance of the American Energy Independence Index. It was launched on Dec 13, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USAI or HESM.
Key characteristics
| USAI | HESM | |
|---|---|---|
| YTD Return | 32.83% | 20.54% |
| 1Y Return | 37.74% | 26.56% |
| 3Y Return (Ann) | 17.66% | 18.27% |
| 5Y Return (Ann) | 17.41% | 20.63% |
| Sharpe Ratio | 2.76 | 1.53 |
| Sortino Ratio | 3.83 | 2.03 |
| Omega Ratio | 1.47 | 1.27 |
| Calmar Ratio | 5.51 | 3.20 |
| Martin Ratio | 19.83 | 7.89 |
| Ulcer Index | 1.90% | 3.45% |
| Daily Std Dev | 13.65% | 17.76% |
| Max Drawdown | -65.25% | -75.16% |
| Current Drawdown | -0.28% | -4.98% |
Correlation
The correlation between USAI and HESM is 0.63, 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
USAI vs. HESM - Performance Comparison
In the year-to-date period, USAI achieves a 32.83% return, which is significantly higher than HESM's 20.54% 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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Risk-Adjusted Performance
USAI vs. HESM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer American Energy Independence ETF (USAI) and Hess Midstream LP (HESM). 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
USAI vs. HESM - Dividend Comparison
USAI's dividend yield for the trailing twelve months is around 3.89%, less than HESM's 7.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
USAI Pacer American Energy Independence ETF | 3.89% | 4.99% | 5.41% | 6.15% | 7.67% | 6.50% | 5.56% | 0.08% |
HESM Hess Midstream LP | 7.14% | 7.50% | 7.30% | 6.93% | 8.86% | 6.89% | 8.00% | 2.93% |
Drawdowns
USAI vs. HESM - Drawdown Comparison
The maximum USAI drawdown since its inception was -65.25%, smaller than the maximum HESM drawdown of -75.16%. Use the drawdown chart below to compare losses from any high point for USAI and HESM. For additional features, visit the drawdowns tool.
Volatility
USAI vs. HESM - Volatility Comparison
The current volatility for Pacer American Energy Independence ETF (USAI) is 4.08%, while Hess Midstream LP (HESM) has a volatility of 5.15%. This indicates that USAI experiences smaller price fluctuations and is considered to be less risky than HESM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.