USAI vs. SPYI
Compare and contrast key facts about Pacer American Energy Independence ETF (USAI) and NEOS S&P 500 High Income ETF (SPYI).
USAI and SPYI 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 Advisors that tracks the performance of the American Energy Independence Index. It was launched on Dec 13, 2017. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USAI or SPYI.
Correlation
The correlation between USAI and SPYI is 0.49, 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. SPYI - Performance Comparison
Key characteristics
USAI:
2.59
SPYI:
1.99
USAI:
3.51
SPYI:
2.63
USAI:
1.45
SPYI:
1.42
USAI:
4.10
SPYI:
2.88
USAI:
19.54
SPYI:
14.29
USAI:
1.96%
SPYI:
1.33%
USAI:
14.77%
SPYI:
9.56%
USAI:
-65.25%
SPYI:
-10.19%
USAI:
-9.34%
SPYI:
-2.92%
Returns By Period
In the year-to-date period, USAI achieves a 37.04% return, which is significantly higher than SPYI's 18.59% return.
USAI
37.04%
-5.79%
20.60%
37.12%
17.23%
N/A
SPYI
18.59%
-0.80%
7.50%
18.80%
N/A
N/A
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USAI vs. SPYI - Expense Ratio Comparison
USAI has a 0.75% expense ratio, which is higher than SPYI's 0.68% expense ratio.
Risk-Adjusted Performance
USAI vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer American Energy Independence ETF (USAI) and NEOS S&P 500 High Income ETF (SPYI). 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. SPYI - Dividend Comparison
USAI's dividend yield for the trailing twelve months is around 3.79%, less than SPYI's 11.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
USAI Pacer American Energy Independence ETF | 3.79% | 4.99% | 5.41% | 6.15% | 7.67% | 6.50% | 5.56% | 0.08% |
SPYI NEOS S&P 500 High Income ETF | 10.95% | 12.01% | 4.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USAI vs. SPYI - Drawdown Comparison
The maximum USAI drawdown since its inception was -65.25%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for USAI and SPYI. For additional features, visit the drawdowns tool.
Volatility
USAI vs. SPYI - Volatility Comparison
Pacer American Energy Independence ETF (USAI) has a higher volatility of 6.48% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.94%. This indicates that USAI's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.