ILIT vs. UGA
ILIT (Ishares Lithium Miners And Producers ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - ILIT is a Energy Equities fund tracking the STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past year, ILIT returned 181.76% vs 80.94% for UGA. At a 0.02 correlation, their price movements are largely independent. ILIT charges 0.47%/yr vs 0.75%/yr for UGA.
Performance
ILIT vs. UGA - Performance Comparison
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Returns By Period
In the year-to-date period, ILIT achieves a 25.82% return, which is significantly lower than UGA's 75.49% return.
ILIT
- 1D
- -3.77%
- 1M
- -12.04%
- YTD
- 25.82%
- 6M
- 35.19%
- 1Y
- 181.76%
- 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%
ILIT vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 25.82% | 81.51% | -45.14% | -28.86% |
UGA United States Gasoline Fund LP | 75.49% | -2.00% | 3.77% | 0.87% |
Correlation
The correlation between ILIT 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 | -0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.02 |
The correlation between ILIT and UGA shifts across timeframes, from -0.18 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ILIT vs. UGA — Risk / Return Rank
ILIT
UGA
ILIT vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lithium Miners And Producers ETF (ILIT) 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.
| ILIT | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.37 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 8.00 | 5.47 | +2.53 |
| Martin ratioReturn relative to average drawdown | 22.21 | 13.25 | +8.96 |
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
| ILIT | UGA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.74 | 2.32 | +1.42 |
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 | -0.09 | 0.12 | -0.21 |
Drawdowns
ILIT vs. UGA - Drawdown Comparison
The maximum ILIT drawdown since its inception was -73.69%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for ILIT and UGA.
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Drawdown Indicators
| ILIT | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -86.59% | +12.90% |
Max Drawdown (1Y)Largest decline over 1 year | -22.86% | -14.88% | -7.98% |
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 | -17.69% | -12.35% | -5.34% |
Average DrawdownAverage peak-to-trough decline | -45.87% | -36.76% | -9.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.22% | 6.13% | +2.09% |
Volatility
ILIT vs. UGA - Volatility Comparison
Ishares Lithium Miners And Producers ETF (ILIT) and United States Gasoline Fund LP (UGA) have volatilities of 11.95% and 11.66%, 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.
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Volatility by Period
| ILIT | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.95% | 11.66% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 33.28% | 30.41% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.97% | 35.14% | +13.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.58% | 34.38% | +7.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.58% | 37.27% | +4.31% |
ILIT vs. UGA - Expense Ratio Comparison
ILIT has a 0.47% expense ratio, which is lower than UGA's 0.75% expense ratio.
Dividends
ILIT vs. UGA - Dividend Comparison
ILIT's dividend yield for the trailing twelve months is around 1.81%, while UGA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ILIT Ishares Lithium Miners And Producers ETF | 1.81% | 2.27% | 6.48% | 0.69% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILIT 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.
ILIT has higher volatility (11.95%) compared to UGA (11.66%). In terms of maximum drawdown, ILIT dropped -73.69% vs UGA's -86.59%.
On 1-year performance, ILIT leads with 181.76% vs 80.94% for UGA. On fees, ILIT is cheaper at 0.47% per year. On volatility, UGA has been the lower-risk option at 11.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ILIT has performed better with a 181.76% return vs 80.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ILIT is cheaper with a 0.47% expense ratio, compared with 0.75% for UGA.
ILIT has the higher dividend yield at 1.81%, compared with 0.00% for UGA.
ILIT is categorized as Energy Equities, while UGA is Oil & Gas. ILIT tracks STOXX Global Lithium Miners and Producers Index - USD - Benchmark TR Net, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: iShares and Concierge Technologies. Their fees differ too: 0.47% for ILIT and 0.75% for UGA.
ILIT currently has the higher Sharpe Ratio (3.74 vs 2.32), 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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