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MLPIvsUSAIETF Comparison
NEOS MLP & Energy Infrastructure High Income ETF
Pacer American Energy Independence ETF - Distributing
NEOS MLP & Energy Infrastructure High Income ETF (MLPI) belongs to the Options Strategies segment. Pacer American Energy Independence ETF - Distributing (USAI) is part of the Infrastructure segment. Both ETFs have the same top 3 sector exposures: and Energy. MLPI is less expensive with a Total Expense Ratio (TER) of 0.68%, versus 0.75% for USAI. MLPI is up 14.28% year-to-date (YTD) with +$318M in YTD flows. USAI performs better with 21.67% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of MLPI and USAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MLPI vs USAI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MLPI USAI | +3.37%+5.88% | n/a+21.78% | +14.28%+21.67% | n/a+24.23% | n/a+106.16% | n/a+168.91% |
| Flows | MLPI USAI | +$162M- | --$2M | +$318M-$2M | --$8M | -+$13M | -+$42M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MLPI USAI | n/a+15.70% | n/a+19.93% | n/a+17.49% | n/a+20.48% |
| Max drawdown | MLPI USAI | n/a-3.40% | n/a-16.04% | n/a-18.00% | n/a-20.75% |
| Max drawdown duration | MLPI USAI | n/a9d | n/a308d | n/a372d | n/a533d |
MLPI | USAI | |
Last sale 3/11/2026 at 1:30 PM | $46.10 | |
| Previous close 03/11/2026 | $45.58 | |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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MLPI | USAI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MLPI | USAI | |
|---|---|---|
| Last price | – | $46.10 |
| 1D performance | – | +1.14% |
| AuM | $364.03 M | $96.76 M |
| E/R | 0.68% | 0.75% |
MLPI | USAI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | NEOS Investment Management | PACER ETFs |
| Benchmark | - | American Energy Independence Index |
| N° of holdings | 22 | 24 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 18, 2025 | October 10, 2017 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the MLPI and USAI ETFs performed in 2026?
As of March 11, 2026, MLPI is up 14.28% year-to-date (YTD), while USAI has returned 21.67%. That puts USAI better performer ahead so far this year.
Which ETF is attracting more investor money: MLPI or USAI?
Year-to-date, the MLPI ETF saw +$318M in flows, compared to -$2M for USAI.
Which ETF is bigger: MLPI or USAI?
As of March 11, 2026, MLPI holds $364.03 M in assets under management (AUM), while USAI manages $96.76 M.
What sectors do the MLPI and USAI ETFs invest in?
MLPI leans toward sectors like Energy. Meanwhile, USAI focuses on Energy.
What are the top holdings of the MLPI ETF and USAI ETF?
MLPI top holdings include WILLIAMS, ENBRIDGE and TC ENERGY CORP. USAI holds in its top three: WILLIAMS, KINDER MORGAN and ENERGY TRANSFER LP UNITS.
Which ETF is more diversified: MLPI or USAI?
MLPI holds 24 securities with 82.72% of its assets in the top 15. USAI has 26 securities and a top 15 weight of 76.23%.
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