MLPI vs USAI
NEOS MLP & Energy Infrastructure High Income ETF against Pacer American Energy Infrastructure ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
66%
18 shared positions
Fee gap
7 bp
MLPI is cheaper
1-year return gap
—
Larger fund
MLPI
$676M
Side by side
| MLPI | USAI | |
|---|---|---|
| Fund | NEOS MLP & Energy Infrastructure High Income ETF | Pacer American Energy Infrastructure ETF |
| Issuer | NEOS | Pacer |
| Category | Covered Call | MLPs & Midstream |
| Expense ratio | 0.68% | 0.75% |
| Assets | $676M | $115M |
| Average daily dollar volume | $20M | $648K |
| Listed | Dec 17, 2025 | Dec 12, 2017 |
| FrenzyCap score | 62 | 29 |
| 1-month return | −3.8% | −5.3% |
| 3-month return | −7.2% | −3.7% |
| Year to date | +3.9% | +18.2% |
| 1-year return | — | +14.4% |
| 30-day volatility | 14.1% | 14.6% |
| Worst drawdown, 1 year | −13.9% | −11.2% |
| Trailing 12-month yield | 12.76% | 4.26% |
| Holdings | 28 | 36 |
| Top 10 weight | 62.1% | 60.4% |
| Look-through P/E | 21.2 | 18.5 |
| Holdings vs fair value | +21.7% | +24.2% |
| Holdings above 200-day average | 56% | 50% |
| Net flow, latest 3 reported months | +$213M thru Jun 2026 | +$26M thru Jul 2026 |
| 30-day implied volatility | — | 47.3% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Apr 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
84% of MLPI · 75% of USAI
Sector mix of the stock holdings
| Sector | MLPI | USAI | Gap |
|---|---|---|---|
| Utilities | 62.9% | 59.5% | +3.5% |
| Energy | 26.6% | 29.6% | −3.1% |
More: full overlap table · MLPI holdings · USAI holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.