AWAY vs. UGA

Last updated Jul 17, 2026

AWAY (ETFMG Travel Tech ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 5 years, AWAY returned -7.50%/yr vs 26.58%/yr for UGA. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AWAY vs. UGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and United States Gasoline Fund LP (UGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWAY achieves a -10.42% return, which is significantly lower than UGA's 88.71% return.

AWAY

• 1D: 1.02%
• 1M: 4.00%
• 6M: -8.35%
• YTD: -10.42%
• 1Y: -16.24%
• 3Y*: 1.02%
• 5Y*: -7.50%
• 10Y*: —

UGA

• 1D: -0.85%
• 1M: 16.18%
• 6M: 81.39%
• YTD: 88.71%
• 1Y: 85.57%
• 3Y*: 21.50%
• 5Y*: 26.58%
• 10Y*: 17.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWAY vs. UGA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	-10.42%	-3.36%	10.44%	17.94%	-32.25%	-5.91%	3.47%
UGA United States Gasoline Fund LP	88.71%	-2.00%	3.77%	1.27%	46.34%	68.49%	-19.32%

Correlation

The correlation between AWAY and UGA is -0.27, 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	-0.27
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Feb 13, 2020	0.16

The correlation between AWAY and UGA shifts across timeframes, from -0.27 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AWAY vs. UGA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWAY

AWAY Risk / Return Rank: 4
AWAY Sharpe Ratio Rank: 4
AWAY Sortino Ratio Rank: 4
AWAY Omega Ratio Rank: 4
AWAY Calmar Ratio Rank: 5
AWAY Martin Ratio Rank: 5

UGA

UGA Risk / Return Rank: 84
UGA Sharpe Ratio Rank: 90
UGA Sortino Ratio Rank: 81
UGA Omega Ratio Rank: 80
UGA Calmar Ratio Rank: 89
UGA Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWAY vs. UGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) 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.

	AWAY	UGA	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	2.40	-3.12
Sortino ratio: Return per unit of downside risk	-0.90	2.90	-3.80
Omega ratio: Gain probability vs. loss probability	0.90	1.38	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.50	4.23	-4.73
Martin ratio: Return relative to average drawdown	-0.90	11.76	-12.66

AWAY vs. UGA - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.72, which is lower than the UGA Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of AWAY and UGA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AWAY vs. UGA - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for AWAY and UGA.

Drawdown Indicators

	AWAY	UGA	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-86.59%	+30.02%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-20.32%	-12.51%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-26.68%	-6.15%
Max Drawdown (5Y) Largest decline over 5 years	-49.10%	-38.11%	-10.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-75.89%	—
Current Drawdown Current decline from peak	-45.96%	-5.75%	-40.21%
Average Drawdown Average peak-to-trough decline	-36.42%	-36.61%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.98%	7.30%	+10.68%

Volatility

AWAY vs. UGA - Volatility Comparison

The current volatility for ETFMG Travel Tech ETF (AWAY) is 6.38%, while United States Gasoline Fund LP (UGA) has a volatility of 11.35%. This indicates that AWAY experiences smaller price fluctuations and is considered to be less risky than UGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	UGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	11.35%	-4.97%
Volatility (6M) Calculated over the trailing 6-month period	19.17%	31.71%	-12.54%
Volatility (1Y) Calculated over the trailing 1-year period	22.62%	35.83%	-13.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.88%	34.67%	-7.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.67%	37.23%	-5.56%

AWAY vs. UGA - Expense Ratio Comparison

Both AWAY and UGA have an expense ratio of 0.75%.

Dividends

AWAY vs. UGA - Dividend Comparison

Neither AWAY nor UGA has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
UGA United States Gasoline Fund LP	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and UGA in my portfolio?

AWAY and UGA have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWAY or UGA?

UGA has higher volatility (11.35%) compared to AWAY (6.38%). In terms of maximum drawdown, AWAY dropped -56.57% vs UGA's -86.59%.

Which ETF is better, AWAY or UGA?

On 5-year performance, UGA leads with 26.58% vs -7.50% for AWAY. Both ETFs have the same 0.75% expense ratio. On volatility, AWAY has been the lower-risk option at 6.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or UGA?

Over the 5-year period, UGA has performed better with a 26.58% return vs -7.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AWAY or UGA?

AWAY and UGA have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AWAY or UGA?

AWAY and UGA have nearly identical dividend yields, around 0.00%.

What is the main difference between AWAY and UGA?

AWAY is categorized as Consumer Discretionary Equities, while UGA is Oil & Gas. AWAY tracks Prime Travel Technology Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: ETFMG and Concierge Technologies.

Which has better risk-adjusted returns?

UGA currently has the higher Sharpe Ratio (2.40 vs -0.72), 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.