UMI vs. MLPA ETF Comparison
Comparison of USCF Midstream Energy Income Fund (UMI) to Global X MLP ETF (MLPA)
UMI
USCF Midstream Energy Income Fund
UMI Description
The investment seeks a high level of current income; as a secondary objective, the fund seeks capital appreciation. The fund will seek to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. It will invest more than 25% of the value of its total assets in the energy, oil, and gas industries. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$53.50
Average Daily Volume
16,727
16
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.Grade (RS Rating)
Last Trade
$50.17
Average Daily Volume
97,317
18
Performance
| Period | UMI | MLPA |
|---|---|---|
| 30 Days | 11.25% | 6.05% |
| 60 Days | 16.21% | 5.49% |
| 90 Days | 19.24% | 6.81% |
| 12 Months | 49.28% | 18.92% |
UMI: Top Represented Industries & Keywords
MLPA: Top Represented Industries & Keywords
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