United States Gasoline Fund LP (UGA)
UGA is a passive ETF by Concierge Technologies tracking the investment results of the Front Month Unleaded Gasoline. UGA launched on Feb 26, 2008 and has a 0.75% expense ratio.
ETF Info
| ISIN | US91201T1025 |
|---|---|
| CUSIP | 91201T102 |
| Issuer | Concierge Technologies |
| Inception Date | Feb 26, 2008 |
| Category | Oil & Gas |
| Index Tracked | Front Month Unleaded Gasoline |
| Asset Class | Commodity |
Expense Ratio
UGA has a high expense ratio of 0.75%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: UGA vs. URA, UGA vs. VGT, UGA vs. VOO, UGA vs. FNGS, UGA vs. FXAIX, UGA vs. FCG, UGA vs. QQQ, UGA vs. MGK, UGA vs. SPY, UGA vs. FTEC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in United States Gasoline Fund LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
United States Gasoline Fund LP had a return of 16.95% year-to-date (YTD) and 20.26% in the last 12 months. Over the past 10 years, United States Gasoline Fund LP had an annualized return of 1.69%, while the S&P 500 had an annualized return of 10.37%, indicating that United States Gasoline Fund LP did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.95% | 5.57% |
| 1 month | 0.08% | -4.16% |
| 6 months | 12.56% | 20.07% |
| 1 year | 20.26% | 20.82% |
| 5 years (annualized) | 17.33% | 11.56% |
| 10 years (annualized) | 1.69% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.83% | 4.90% | 6.26% | |||||||||
| 2023 | -6.78% | -1.49% | -2.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UGA is 43, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
United States Gasoline Fund LP(UGA)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for United States Gasoline Fund LP (UGA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the United States Gasoline Fund LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the United States Gasoline Fund LP was 86.59%, occurring on Mar 24, 2020. Recovery took 535 trading sessions.
The current United States Gasoline Fund LP drawdown is 11.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -86.59% | Jul 3, 2008 | 2951 | Mar 24, 2020 | 535 | May 6, 2022 | 3486 |
| -38.11% | Jun 6, 2022 | 130 | Dec 8, 2022 | — | — | — |
| -7.95% | Mar 13, 2008 | 3 | Mar 17, 2008 | 11 | Apr 2, 2008 | 14 |
| -7.48% | May 9, 2022 | 2 | May 10, 2022 | 2 | May 12, 2022 | 4 |
| -7.31% | May 17, 2022 | 2 | May 18, 2022 | 7 | May 27, 2022 | 9 |
Volatility
Volatility Chart
The current United States Gasoline Fund LP volatility is 5.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.