FIXT vs. UGA

Last updated Jun 24, 2026

FIXT (Procure Disaster Recovery Strategy ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - FIXT is a Global Equities fund tracking the VettaFi Natural Disaster Response and Mitigation Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past year, FIXT returned 4.69% vs 59.74% for UGA. At a correlation of -0.40, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

FIXT vs. UGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Disaster Recovery Strategy ETF (FIXT) 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, FIXT achieves a 0.71% return, which is significantly lower than UGA's 64.09% return.

FIXT

• 1D: 0.14%
• 1M: 1.07%
• YTD: 0.71%
• 6M: 0.66%
• 1Y: 4.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

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

FIXT vs. UGA - Yearly Performance Comparison

	2026 (YTD)	2025
FIXT Procure Disaster Recovery Strategy ETF	0.71%	4.57%
UGA United States Gasoline Fund LP	64.09%	-3.61%

Correlation

The correlation between FIXT and UGA is -0.40, 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	-0.40
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	-0.40

Return for Risk

FIXT vs. UGA — Risk / Return Rank

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

FIXT

FIXT Risk / Return Rank: 36
FIXT Sharpe Ratio Rank: 38
FIXT Sortino Ratio Rank: 39
FIXT Omega Ratio Rank: 36
FIXT Calmar Ratio Rank: 33
FIXT Martin Ratio Rank: 32

UGA

UGA Risk / Return Rank: 55
UGA Sharpe Ratio Rank: 53
UGA Sortino Ratio Rank: 48
UGA Omega Ratio Rank: 49
UGA Calmar Ratio Rank: 67
UGA Martin Ratio Rank: 56

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.

FIXT vs. UGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Disaster Recovery Strategy ETF (FIXT) 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.

	FIXT	UGA	Difference
Sharpe ratio: Return per unit of total volatility	1.26	1.73	-0.47
Sortino ratio: Return per unit of downside risk	1.89	2.25	-0.36
Omega ratio: Gain probability vs. loss probability	1.22	1.30	-0.07
Calmar ratio: Return relative to maximum drawdown	1.56	3.17	-1.61
Martin ratio: Return relative to average drawdown	4.33	9.39	-5.06

FIXT vs. UGA - Sharpe Ratio Comparison

The current FIXT Sharpe Ratio is 1.26, which is comparable to the UGA Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of FIXT 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

FIXT vs. UGA - Drawdown Comparison

The maximum FIXT drawdown since its inception was -3.02%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for FIXT and UGA.

Drawdown Indicators

	FIXT	UGA	Difference
Max Drawdown Largest peak-to-trough decline	-3.02%	-86.59%	+83.57%
Max Drawdown (1Y) Largest decline over 1 year	-3.02%	-18.96%	+15.94%
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 Drawdown Current decline from peak	-1.42%	-18.05%	+16.63%
Average Drawdown Average peak-to-trough decline	-0.75%	-36.69%	+35.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	6.43%	-5.35%

Volatility

FIXT vs. UGA - Volatility Comparison

The current volatility for Procure Disaster Recovery Strategy ETF (FIXT) is 0.91%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that FIXT 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

	FIXT	UGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	9.24%	-8.33%
Volatility (6M) Calculated over the trailing 6-month period	2.48%	30.57%	-28.09%
Volatility (1Y) Calculated over the trailing 1-year period	3.77%	35.22%	-31.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.74%	34.45%	-30.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.74%	37.22%	-33.48%

FIXT vs. UGA - Expense Ratio Comparison

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

Dividends

FIXT vs. UGA - Dividend Comparison

FIXT's dividend yield for the trailing twelve months is around 5.52%, while UGA has not paid dividends to shareholders.

Position	TTM	2025
FIXT Procure Disaster Recovery Strategy ETF	5.52%	3.24%
UGA United States Gasoline Fund LP	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIXT and UGA in my portfolio?

FIXT and UGA have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIXT or UGA?

UGA has higher volatility (9.24%) compared to FIXT (0.91%). In terms of maximum drawdown, FIXT dropped -3.02% vs UGA's -86.59%.

Which ETF is better, FIXT or UGA?

On 1-year performance, UGA leads with 59.74% vs 4.69% for FIXT. Both ETFs have the same 0.75% expense ratio. On volatility, FIXT has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIXT or UGA?

Over the 1-year period, UGA has performed better with a 59.74% return vs 4.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIXT or UGA?

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

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

FIXT has the higher dividend yield at 5.52%, compared with 0.00% for UGA.

What is the main difference between FIXT and UGA?

FIXT is categorized as Global Equities, while UGA is Oil & Gas. FIXT tracks VettaFi Natural Disaster Response and Mitigation Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: Procure and Concierge Technologies.

Which has better risk-adjusted returns?

UGA currently has the higher Sharpe Ratio (1.73 vs 1.26), 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.