Pacer American Energy Independence ETF (USAI) Performance
USAI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +26.1% since Dec 31, 2025
- 1 year
- +29.6% total return
- 5 years
- +17.9% a year
- Since first price
- +13.4% a year since 2017
USAI trailing returns vs SPY, QQQ, AGG
| Period | USAI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.4% | +2.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.4% | −3.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.6% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +26.1% | +21.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +29.6% | +24.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +94.1%+24.7%/yr | +68.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +127.5%+17.9%/yr | +78.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 13, 2017 | +203.8%+13.4%/yr | +85.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: USAI vs SPY
From Dec 13, 2017: USAI grew to $30,381, SPY to $32,699.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
USAI returns by calendar year
6 of 8 full years positive. Best 2024 (+44.0%), worst 2018 (−17.3%). 2026 is year to date.
USAI annual returns table
| Year | USAI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +26.1% | −10.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +0.7% | −18.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +44.0% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.2% | −12.0% | +26.2% | +54.9% | +5.7% |
| 2022 | +19.8% | −20.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +37.1% | −14.9% | +28.7% | +27.4% | −1.8% |
| 2020 | −15.1% | −63.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.6% | −13.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −17.3% | −26.3% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
USAI largest drawdowns
Now 3.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 22, 2018 | −65.3% | Mar 18, 2020 | Apr 28, 2021 | 1.6 years | 2.7 years |
| Jun 7, 2022 | −20.7% | Sep 26, 2022 | Nov 30, 2023 | 4 months | 1.5 years |
| Jan 23, 2018 | −19.3% | Mar 28, 2018 | Aug 6, 2018 | 2 months | 6 months |
| Jan 21, 2025 | −18.2% | Apr 8, 2025 | Feb 3, 2026 | 3 months | 1.0 years |
| Oct 20, 2021 | −14.9% | Dec 20, 2021 | Feb 28, 2022 | 2 months | 4 months |
| Jun 16, 2021 | −14.6% | Aug 19, 2021 | Oct 12, 2021 | 2 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
USAI risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +22.0% | +18.0% | +12.1% |
| Volatility (annualized) | 16.5% | 19.9% | 28.7% |
| Sharpe ratio | 1.03 | 0.75 | 0.46 |
| Sortino ratio | 1.85 | 1.21 | 0.70 |
| Best month | +14.8% | +14.8% | +39.4% |
| Worst month | −9.1% | −14.6% | −41.8% |
| Best 12 months | +50.3% | +50.3% | +112.0% |
| Worst 12 months | −3.3% | −11.1% | −52.5% |
| Positive months | 69% | 67% | 62% |
| Beta vs S&P 500 | 0.35 | 0.68 | — |
| Correlation with S&P 500 | 0.26 | 0.53 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
USAI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 95 | −52.5% | +16.9% | +112.0% | 75% |
| 3-year (a year) | 71 | −5.1% | +18.3% | +42.0% | 97% |
| 5-year (a year) | 47 | +6.4% | +18.0% | +37.8% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
USAI performance overview
Pacer American Energy Independence ETF (USAI) returned +29.6% over the past year and +17.9% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +13.4% a year, turning $10,000 into about $30,381. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −65.3%, from Aug 22, 2018 to Mar 18, 2020, and it took 1.1 years to get back to the old high. USAI finished 6 of its 8 full calendar years with a gain; the best year was 2024 (+44.0%) and the worst 2018 (−17.3%). Volatility has been 28.7% a year.
Related: USAI chart, USAI holdings, USAI dividends, USAI valuation. See the USAI overview for the latest quote and fund facts.
USAI performance FAQ
What is the USAI return over the past year?
USAI returned +29.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.1%.
What is the average annual return of USAI?
USAI has returned +17.9% a year over 5 years, +13.4% a year since December 13, 2017 (total return, distributions reinvested).
How much would $10,000 invested in USAI be worth?
$10,000 invested in USAI at its first recorded close on December 13, 2017 would be worth about $30,381 on October 23, 2026 with distributions reinvested.
What was the worst year for USAI?
The worst calendar year was 2018, with a total return of −17.3%. The best was 2024 at +44.0%.
What is the biggest drawdown of USAI?
The largest peak-to-trough decline was −65.3% between August 22, 2018 and March 18, 2020. It recovered to the old high on April 28, 2021, 1.1 years after the bottom.
How volatile is USAI?
Over the past 3 years USAI had an annualized volatility of 16.5% and a Sharpe ratio of 1.03 (excess return over 1–3 month T-bills per unit of risk).