ARKG vs. UGA
ARKG (ARK Genomic Revolution Multi-Sector ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - ARKG is a Health & Biotech Equities fund actively managed by ARK, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. ARKG is actively managed, while UGA is passively managed. Over the past 10 years, ARKG returned 8.67%/yr vs 14.31%/yr for UGA. At a 0.08 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
ARKG vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, ARKG achieves a 24.30% return, which is significantly lower than UGA's 64.09% return. Over the past 10 years, ARKG has underperformed UGA with an annualized return of 8.67%, while UGA has yielded a comparatively higher 14.31% annualized return.
ARKG
- 1D
- -1.07%
- 1M
- 17.41%
- YTD
- 24.30%
- 6M
- 19.48%
- 1Y
- 52.71%
- 3Y*
- 3.17%
- 5Y*
- -16.56%
- 10Y*
- 8.67%
UGA
- 1D
- -1.12%
- 1M
- -12.11%
- YTD
- 64.09%
- 6M
- 60.42%
- 1Y
- 59.74%
- 3Y*
- 18.95%
- 5Y*
- 22.69%
- 10Y*
- 14.31%
ARKG vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARKG ARK Genomic Revolution Multi-Sector ETF | 24.30% | 23.04% | -28.24% | 16.22% | -53.90% | -33.92% | 180.40% | 44.00% | -1.26% | 46.61% |
UGA United States Gasoline Fund LP | 64.09% | -2.00% | 3.77% | 1.27% | 46.34% | 68.49% | -24.88% | 41.25% | -28.07% | 1.69% |
Correlation
The correlation between ARKG and UGA is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2014 | 0.08 |
The correlation between ARKG and UGA shifts across timeframes, from -0.25 (1 year) to 0.08 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
ARKG vs. UGA — Risk / Return Rank
ARKG
UGA
ARKG vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and United States Gasoline Fund LP (UGA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARKG | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.30 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 3.17 | -1.24 |
| Martin ratioReturn relative to average drawdown | 4.58 | 9.39 | -4.81 |
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Drawdowns
ARKG vs. UGA - Drawdown Comparison
The maximum ARKG drawdown since its inception was -83.59%, roughly equal to the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for ARKG and UGA.
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Drawdown Indicators
| ARKG | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.59% | -86.59% | +3.00% |
Max Drawdown (1Y)Largest decline over 1 year | -27.51% | -18.96% | -8.55% |
Max Drawdown (3Y)Largest decline over 3 years | -51.96% | -26.68% | -25.28% |
Max Drawdown (5Y)Largest decline over 5 years | -80.18% | -38.11% | -42.07% |
Max Drawdown (10Y)Largest decline over 10 years | -83.59% | -75.89% | -7.70% |
Current DrawdownCurrent decline from peak | -67.78% | -18.05% | -49.73% |
Average DrawdownAverage peak-to-trough decline | -36.02% | -36.69% | +0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.53% | 6.43% | +5.10% |
Volatility
ARKG vs. UGA - Volatility Comparison
ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 15.19% compared to United States Gasoline Fund LP (UGA) at 9.24%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than UGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKG | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.19% | 9.24% | +5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 30.91% | 30.57% | +0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.54% | 35.22% | +7.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.93% | 34.45% | +11.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.29% | 37.22% | +4.07% |
ARKG vs. UGA - Expense Ratio Comparison
Both ARKG and UGA have an expense ratio of 0.75%.
Dividends
ARKG vs. UGA - Dividend Comparison
Neither ARKG nor UGA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 0.82% | 1.34% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ARKG and UGA have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARKG has higher volatility (15.19%) compared to UGA (9.24%). In terms of maximum drawdown, ARKG dropped -83.59% vs UGA's -86.59%.
On 10-year performance, UGA leads with 14.31% vs 8.67% for ARKG. Both ETFs have the same 0.75% expense ratio. On volatility, UGA has been the lower-risk option at 9.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, UGA has performed better with a 14.31% return vs 8.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARKG and UGA have the same expense ratio: 0.75% per year.
ARKG and UGA have nearly identical dividend yields, around 0.00%.
ARKG is categorized as Health & Biotech Equities, while UGA is Oil & Gas. They also come from different issuers: ARK and Concierge Technologies.
UGA currently has the higher Sharpe Ratio (1.73 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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