UMI vs. MLPX ETF Comparison
Comparison of USCF Midstream Energy Income Fund (UMI) to Global X MLP & Energy Infrastructure ETF (MLPX)
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
$39.31
Average Daily Volume
11,709
18
MLPX
Global X MLP & Energy Infrastructure ETF
MLPX Description
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the underlying index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days' prior written notice to shareholders before it can be changed. The underlying index tracks the performance of MLPs and energy infrastructure corporations. It is non-diversified.Grade (RS Rating)
Last Trade
$47.51
Average Daily Volume
101,300
22
Performance
| Period | UMI | MLPX |
|---|---|---|
| 30 Days | -0.16% | -0.54% |
| 60 Days | 6.20% | 5.55% |
| 90 Days | 10.48% | 9.90% |
| 12 Months | 23.39% | 24.18% |
17 Overlapping Holdings
| Symbol | Grade | Weight in UMI | Weight in MLPX | Overlap | |
|---|---|---|---|---|---|
| AM | A | 4.74% | 3.11% | 3.11% | |
| DTM | A | 4.3% | 4.03% | 4.03% | |
| ENLC | A | 2.22% | 2.07% | 2.07% | |
| EPD | A | 7.7% | 4.4% | 4.4% | |
| ET | A | 9.0% | 4.47% | 4.47% | |
| ETRN | A | 4.44% | 3.63% | 3.63% | |
| HESM | A | 2.26% | 1.57% | 1.57% | |
| KMI | A | 4.39% | 6.45% | 4.39% | |
| KNTK | A | 1.13% | 0.62% | 0.62% | |
| LNG | C | 4.45% | 6.4% | 4.45% | |
| MPLX | A | 4.66% | 4.33% | 4.33% | |
| NS | C | 0.53% | 1.29% | 0.53% | |
| OKE | A | 8.4% | 9.25% | 8.4% | |
| PAGP | A | 7.49% | 2.39% | 2.39% | |
| TRGP | A | 6.11% | 5.25% | 5.25% | |
| WES | A | 1.39% | 3.62% | 1.39% | |
| WMB | A | 4.56% | 9.41% | 4.56% |
UMI Overweight 1 Positions Relative to MLPX
| Symbol | Grade | Weight | |
|---|---|---|---|
| SUN | C | 0.72% |
UMI: Top Represented Industries & Keywords
MLPX: Top Represented Industries & Keywords
Compare ETFs
