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FGDL vs. USL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FGDL and USL is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

FGDL vs. USL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Responsibly Sourced Gold ETF (FGDL) and United States 12 Month Oil Fund LP (USL). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
45.06%
-6.70%
FGDL
USL

Key characteristics

Sharpe Ratio

FGDL:

1.96

USL:

0.07

Sortino Ratio

FGDL:

2.61

USL:

0.26

Omega Ratio

FGDL:

1.34

USL:

1.03

Calmar Ratio

FGDL:

3.61

USL:

0.03

Martin Ratio

FGDL:

10.34

USL:

0.22

Ulcer Index

FGDL:

2.83%

USL:

7.27%

Daily Std Dev

FGDL:

14.90%

USL:

22.54%

Max Drawdown

FGDL:

-11.26%

USL:

-89.06%

Current Drawdown

FGDL:

-6.15%

USL:

-57.99%

Returns By Period

In the year-to-date period, FGDL achieves a 27.31% return, which is significantly higher than USL's 5.13% return.


FGDL

YTD

27.31%

1M

-1.24%

6M

13.20%

1Y

28.50%

5Y*

N/A

10Y*

N/A

USL

YTD

5.13%

1M

-1.15%

6M

-8.07%

1Y

2.47%

5Y*

10.05%

10Y*

3.03%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FGDL vs. USL - Expense Ratio Comparison

FGDL has a 0.15% expense ratio, which is lower than USL's 0.88% expense ratio.


USL
United States 12 Month Oil Fund LP
Expense ratio chart for USL: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for FGDL: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

FGDL vs. USL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Responsibly Sourced Gold ETF (FGDL) and United States 12 Month Oil Fund LP (USL). 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.


Sharpe ratio
The chart of Sharpe ratio for FGDL, currently valued at 1.96, compared to the broader market0.002.004.001.960.07
The chart of Sortino ratio for FGDL, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.002.610.26
The chart of Omega ratio for FGDL, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.03
The chart of Calmar ratio for FGDL, currently valued at 3.61, compared to the broader market0.005.0010.0015.003.610.10
The chart of Martin ratio for FGDL, currently valued at 10.34, compared to the broader market0.0020.0040.0060.0080.00100.0010.340.22
FGDL
USL

The current FGDL Sharpe Ratio is 1.96, which is higher than the USL Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of FGDL and USL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.96
0.07
FGDL
USL

Dividends

FGDL vs. USL - Dividend Comparison

Neither FGDL nor USL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FGDL vs. USL - Drawdown Comparison

The maximum FGDL drawdown since its inception was -11.26%, smaller than the maximum USL drawdown of -89.06%. Use the drawdown chart below to compare losses from any high point for FGDL and USL. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.15%
-10.85%
FGDL
USL

Volatility

FGDL vs. USL - Volatility Comparison

Franklin Responsibly Sourced Gold ETF (FGDL) and United States 12 Month Oil Fund LP (USL) have volatilities of 5.14% and 5.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.14%
5.23%
FGDL
USL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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