FIVY vs. UGA
FIVY (YieldMax Dorsey Wright Hybrid 5 Income ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - FIVY is a Derivative Income fund tracking the Nasdaq Dorsey Wright Tactical Hybrid Option Income Strategy Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past year, FIVY returned -6.42% vs 80.94% for UGA. At a correlation of -0.04, they often move in opposite directions. FIVY charges 0.88%/yr vs 0.75%/yr for UGA.
Performance
FIVY vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, FIVY achieves a -6.31% return, which is significantly lower than UGA's 75.49% return.
FIVY
- 1D
- -1.54%
- 1M
- -1.09%
- YTD
- -6.31%
- 6M
- -9.72%
- 1Y
- -6.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UGA
- 1D
- -0.19%
- 1M
- -12.35%
- YTD
- 75.49%
- 6M
- 64.35%
- 1Y
- 80.94%
- 3Y*
- 22.21%
- 5Y*
- 25.10%
- 10Y*
- 14.43%
FIVY vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF | -6.31% | -1.07% | -9.94% |
UGA United States Gasoline Fund LP | 75.49% | -2.00% | 2.89% |
Correlation
The correlation between FIVY and UGA is -0.18, 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 | -0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024 | -0.04 |
The correlation between FIVY and UGA shifts across timeframes, from -0.18 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FIVY vs. UGA — Risk / Return Rank
FIVY
UGA
FIVY vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) 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.
| FIVY | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.84 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.37 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 5.47 | -5.67 |
| Martin ratioReturn relative to average drawdown | -0.41 | 13.25 | -13.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIVY | UGA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.21 | 2.32 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.12 | -0.48 |
Drawdowns
FIVY vs. UGA - Drawdown Comparison
The maximum FIVY drawdown since its inception was -32.77%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for FIVY and UGA.
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Drawdown Indicators
| FIVY | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.77% | -86.59% | +53.82% |
Max Drawdown (1Y)Largest decline over 1 year | -32.77% | -14.88% | -17.89% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.68% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.89% | — |
Current DrawdownCurrent decline from peak | -20.05% | -12.35% | -7.70% |
Average DrawdownAverage peak-to-trough decline | -13.11% | -36.76% | +23.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.84% | 6.13% | +9.71% |
Volatility
FIVY vs. UGA - Volatility Comparison
The current volatility for YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is 7.47%, while United States Gasoline Fund LP (UGA) has a volatility of 11.66%. This indicates that FIVY 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
| FIVY | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.47% | 11.66% | -4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 21.19% | 30.41% | -9.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.28% | 35.14% | -4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 34.38% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.80% | 37.27% | -4.47% |
FIVY vs. UGA - Expense Ratio Comparison
FIVY has a 0.88% expense ratio, which is higher than UGA's 0.75% expense ratio.
Dividends
FIVY vs. UGA - Dividend Comparison
FIVY's dividend yield for the trailing twelve months is around 50.96%, while UGA has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF | 50.96% | 46.51% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% |
Frequently Asked Questions
FIVY and UGA have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UGA has higher volatility (11.66%) compared to FIVY (7.47%). In terms of maximum drawdown, FIVY dropped -32.77% vs UGA's -86.59%.
On 1-year performance, UGA leads with 80.94% vs -6.42% for FIVY. On fees, UGA is cheaper at 0.75% per year. On volatility, FIVY has been the lower-risk option at 7.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, UGA has performed better with a 80.94% return vs -6.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UGA is cheaper with a 0.75% expense ratio, compared with 0.88% for FIVY.
FIVY has the higher dividend yield at 50.96%, compared with 0.00% for UGA.
FIVY is categorized as Derivative Income, while UGA is Oil & Gas. FIVY tracks Nasdaq Dorsey Wright Tactical Hybrid Option Income Strategy Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: YieldMax and Concierge Technologies. Their fees differ too: 0.88% for FIVY and 0.75% for UGA.
UGA currently has the higher Sharpe Ratio (2.32 vs -0.21), 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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