USAI vs. MLPX
Compare and contrast key facts about Pacer American Energy Independence ETF (USAI) and Global X MLP & Energy Infrastructure ETF (MLPX).
USAI and MLPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USAI is a passively managed fund by Pacer that tracks the performance of the American Energy Independence Index. It was launched on Dec 13, 2017. MLPX is a passively managed fund by Global X that tracks the performance of the Solactive MLP & Energy Infrastructure Index. It was launched on Aug 7, 2013. Both USAI and MLPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
USAI vs. MLPX - Performance Comparison
Loading graphics...
USAI vs. MLPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USAI Pacer American Energy Independence ETF | 21.85% | 0.69% | 43.99% | 14.21% | 19.82% | 37.10% | -15.10% | 21.63% | -17.31% | 3.69% |
MLPX Global X MLP & Energy Infrastructure ETF | 21.36% | 4.96% | 42.90% | 15.77% | 21.54% | 39.63% | -20.32% | 19.04% | -15.64% | 2.94% |
Returns By Period
The year-to-date returns for both stocks are quite close, with USAI having a 21.85% return and MLPX slightly lower at 21.36%.
USAI
- 1D
- -2.15%
- 1M
- -0.91%
- YTD
- 21.85%
- 6M
- 18.66%
- 1Y
- 16.93%
- 3Y*
- 26.78%
- 5Y*
- 22.13%
- 10Y*
- —
MLPX
- 1D
- -1.74%
- 1M
- -0.22%
- YTD
- 21.36%
- 6M
- 19.18%
- 1Y
- 18.35%
- 3Y*
- 28.50%
- 5Y*
- 24.18%
- 10Y*
- 14.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USAI vs. MLPX - Expense Ratio Comparison
USAI has a 0.75% expense ratio, which is higher than MLPX's 0.45% expense ratio.
Return for Risk
USAI vs. MLPX — Risk / Return Rank
USAI
MLPX
USAI vs. MLPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer American Energy Independence ETF (USAI) and Global X MLP & Energy Infrastructure ETF (MLPX). 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.
| USAI | MLPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.97 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.30 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.12 | 1.31 | -0.19 |
Martin ratioReturn relative to average drawdown | 3.17 | 4.07 | -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. | |||
Loading graphics...
Sharpe Ratios by Period
| USAI | MLPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.97 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.09 | 1.21 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.35 | +0.16 |
Correlation
The correlation between USAI and MLPX is 0.94, 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.
Dividends
USAI vs. MLPX - Dividend Comparison
USAI's dividend yield for the trailing twelve months is around 4.18%, more than MLPX's 4.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAI Pacer American Energy Independence ETF | 4.18% | 5.03% | 3.62% | 4.99% | 5.41% | 6.15% | 7.67% | 6.50% | 5.56% | 0.08% | 0.00% | 0.00% |
MLPX Global X MLP & Energy Infrastructure ETF | 4.13% | 4.88% | 4.30% | 5.22% | 5.23% | 5.98% | 8.32% | 5.78% | 5.77% | 4.36% | 5.50% | 4.81% |
Drawdowns
USAI vs. MLPX - Drawdown Comparison
The maximum USAI drawdown since its inception was -65.25%, smaller than the maximum MLPX drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for USAI and MLPX.
Loading graphics...
Drawdown Indicators
| USAI | MLPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.25% | -70.67% | +5.42% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -14.92% | -0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -20.68% | -19.72% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.70% | — |
Current DrawdownCurrent decline from peak | -4.86% | -3.72% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -16.80% | +7.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.47% | 4.81% | +0.66% |
Volatility
USAI vs. MLPX - Volatility Comparison
Pacer American Energy Independence ETF (USAI) and Global X MLP & Energy Infrastructure ETF (MLPX) have volatilities of 4.25% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| USAI | MLPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 4.06% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 10.53% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.76% | 18.97% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.45% | 20.01% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.44% | 26.59% | +0.85% |