FDIQ vs. UGA
FDIQ (Invesco Bloomberg Financial Data Providers ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - FDIQ is a Financials Equities fund tracking the Bloomberg Financial Data Providers Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 10 years, FDIQ returned 7.93%/yr vs 14.31%/yr for UGA. At a 0.18 correlation, their price movements are largely independent. FDIQ charges 0.35%/yr vs 0.75%/yr for UGA.
Performance
FDIQ vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, FDIQ achieves a 5.60% return, which is significantly lower than UGA's 64.09% return. Over the past 10 years, FDIQ has underperformed UGA with an annualized return of 7.93%, while UGA has yielded a comparatively higher 14.31% annualized return.
FDIQ
- 1D
- -0.09%
- 1M
- -7.75%
- YTD
- 5.60%
- 6M
- 2.65%
- 1Y
- 17.57%
- 3Y*
- 18.68%
- 5Y*
- 3.92%
- 10Y*
- 7.93%
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%
FDIQ vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 5.60% | 6.32% | 12.76% | -0.84% | -7.23% | 36.05% | -8.95% | 23.57% | -18.31% | 1.81% |
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 FDIQ and UGA is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2011 | 0.18 |
The correlation between FDIQ and UGA shifts across timeframes, from -0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FDIQ vs. UGA — Risk / Return Rank
FDIQ
UGA
FDIQ vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Financial Data Providers ETF (FDIQ) 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.
| FDIQ | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.30 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 3.17 | -1.69 |
| Martin ratioReturn relative to average drawdown | 3.67 | 9.39 | -5.72 |
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Drawdowns
FDIQ vs. UGA - Drawdown Comparison
The maximum FDIQ drawdown since its inception was -52.86%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for FDIQ and UGA.
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Drawdown Indicators
| FDIQ | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.86% | -86.59% | +33.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -18.96% | +7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -28.09% | -26.68% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -42.99% | -38.11% | -4.88% |
Max Drawdown (10Y)Largest decline over 10 years | -52.86% | -75.89% | +23.03% |
Current DrawdownCurrent decline from peak | -11.96% | -18.05% | +6.09% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -36.69% | +25.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 6.43% | -1.64% |
Volatility
FDIQ vs. UGA - Volatility Comparison
The current volatility for Invesco Bloomberg Financial Data Providers ETF (FDIQ) is 5.49%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that FDIQ 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.
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Volatility by Period
| FDIQ | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 9.24% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 14.13% | 30.57% | -16.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 35.22% | -13.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.54% | 34.45% | -5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.05% | 37.22% | -6.17% |
FDIQ vs. UGA - Expense Ratio Comparison
FDIQ has a 0.35% expense ratio, which is lower than UGA's 0.75% expense ratio.
Dividends
FDIQ vs. UGA - Dividend Comparison
FDIQ's dividend yield for the trailing twelve months is around 2.36%, while UGA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 2.36% | 2.66% | 2.69% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
FDIQ and UGA have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGA has higher volatility (9.24%) compared to FDIQ (5.49%). In terms of maximum drawdown, FDIQ dropped -52.86% vs UGA's -86.59%.
On 10-year performance, UGA leads with 14.31% vs 7.93% for FDIQ. On fees, FDIQ is cheaper at 0.35% per year. On volatility, FDIQ has been the lower-risk option at 5.49%. 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 7.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIQ is cheaper with a 0.35% expense ratio, compared with 0.75% for UGA.
FDIQ has the higher dividend yield at 2.36%, compared with 0.00% for UGA.
FDIQ is categorized as Financials Equities, while UGA is Oil & Gas. FDIQ tracks Bloomberg Financial Data Providers Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: Invesco and Concierge Technologies. Their fees differ too: 0.35% for FDIQ and 0.75% for UGA.
UGA currently has the higher Sharpe Ratio (1.73 vs 0.80), 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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