USAI
Pacer American Energy Independence ETF
USAI tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. The fund holds fixed percentages of different categories of holdings.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 111.0 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Dec 12, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ENERGY TRANSFER, L.P. | 7.8 % |
| WILLIAMS COS INC | 7.8 % |
| TRANSCANADA CORP | 7.6 % |
| ENTERPRISE PRODUCTS PARTNERS | 7.6 % |
| ENBRIDGE INC | 7.5 % |
| CHENIERE ENERGY INC | 6.2 % |
| TARGA RESOURCES CORP | 4.9 % |
| ONEOK INC | 4.4 % |
| KINDER MORGAN INC | 4.3 % |
| PEMBINA PIPELINE CORP | 3.9 % |
Constituent Breakdown
| Number of holdings | 33 |
| Herfindahl-Hirschman Index | 474 |
| Wgt avg mkt cap (mns) | $39,838 |
| Large cap (>$10bn) | 67.8% |
| Mid cap ($2-10bn) | 21.9% |
| Small cap (<$2bn) | 5.2% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 77.8 % |
 |
CANADA | 22.3 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 24.4% | 24.3% | 23.3% | 21.5% | 16.1% | -- | -- | 7.9% |
| Dividend Yield | 1.8% | 6.0% | 5.7% | 5.9% | 6.0% | -- | -- | 6.3% |
| Total Returns | 26.3% | 30.3% | 29.0% | 27.4% | 22.1% | -- | -- | 14.2% | Ann. Volatility | 16.5% | 15.0% | 18.9% | 17.5% | 20.5% | -- | -- | 27.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.11 | 1% |
| MSCI EAFE | 0.05 | 0% |
| MSCI Emg Mkts | 0.04 | 0% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $46.05 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.43/0.24 |
| Bollinger Bands (Upper/Lower) | $48.32/$43.61 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. USAI |
Expenses vs. USAI |
ALTAR Score™ vs. USAI |
|---|---|---|---|---|
| ENFR | Alerian Energy Infrastructure ETF | 73.3% | -40 bp | +1.0% |
| UMI | USCF Midstream Energy Income Fund ETF | 72.6% | +10 bp | +0.7% |
| MLPI | NEOS MLP & Engy Infras Hi Inc ETF | 68.1% | -7 bp | +0.6% |
| TPYP | Tortoise North American Pipeline Fund | 61.3% | -35 bp | +1.4% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 56.1% | -30 bp | +0.9% |
| EINC | VanEck Energy Income ETF | 55.7% | -27 bp | +0.9% |
| NBCT | Neuberger Berman Carbon Transition Infrastructure ETF | 48.4% | -20 bp | +1.5% |
| USNG | Amplify Samsung U.S. Natural Gas Infrastructure ETF | 44.5% | -16 bp | -0.1% |
| BESF | Bastion Energy ETF | 38.6% | +5 bp | +2.1% |
| AMZA | InfraCap MLP ETF | 37.7% | +89 bp | +1.9% |
Risk and Returns: USAI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/19/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.6%
ALTAR SCORE™
19th
PERCENTILE
AVOID
ETFRC RATING
There are 1,304 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. USAI's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places USAI in the 19th percentile
among funds in the category.
Sell-Side Consensus
$47.7
PRICE TARGET
-1.2%
UPSIDE