QGRW vs. UGA
QGRW (WisdomTree U.S. Quality Growth Fund) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. Both are passively managed. Over the past 3 years, QGRW returned 25.81%/yr vs 18.95%/yr for UGA. At a correlation of -0.01, they often move in opposite directions. QGRW charges 0.28%/yr vs 0.75%/yr for UGA.
Performance
QGRW vs. UGA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QGRW achieves a 9.19% return, which is significantly lower than UGA's 64.09% return.
QGRW
- 1D
- -2.33%
- 1M
- -1.97%
- YTD
- 9.19%
- 6M
- 7.93%
- 1Y
- 27.41%
- 3Y*
- 25.81%
- 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%
QGRW vs. UGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QGRW WisdomTree U.S. Quality Growth Fund | 9.19% | 19.20% | 34.85% | 56.05% | -3.07% |
UGA United States Gasoline Fund LP | 64.09% | -2.00% | 3.77% | 1.27% | 10.14% |
Correlation
The correlation between QGRW and UGA is -0.20, 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 | -0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2022 | -0.01 |
The correlation between QGRW and UGA shifts across timeframes, from -0.20 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QGRW vs. UGA — Risk / Return Rank
QGRW
UGA
QGRW vs. UGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Quality Growth Fund (QGRW) 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.
| QGRW | UGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.30 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 3.17 | -1.38 |
| Martin ratioReturn relative to average drawdown | 6.70 | 9.39 | -2.69 |
Loading charts...
Drawdowns
QGRW vs. UGA - Drawdown Comparison
The maximum QGRW drawdown since its inception was -24.40%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for QGRW and UGA.
Loading charts...
Drawdown Indicators
| QGRW | UGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.40% | -86.59% | +62.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.44% | -18.96% | +3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -24.40% | -26.68% | +2.28% |
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 | -6.66% | -18.05% | +11.39% |
Average DrawdownAverage peak-to-trough decline | -3.28% | -36.69% | +33.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.10% | 6.43% | -2.33% |
Volatility
QGRW vs. UGA - Volatility Comparison
The current volatility for WisdomTree U.S. Quality Growth Fund (QGRW) is 8.12%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that QGRW 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.
Loading charts...
Volatility by Period
| QGRW | UGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.12% | 9.24% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 15.20% | 30.57% | -15.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.73% | 35.22% | -16.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.29% | 34.45% | -13.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.29% | 37.22% | -15.93% |
QGRW vs. UGA - Expense Ratio Comparison
QGRW has a 0.28% expense ratio, which is lower than UGA's 0.75% expense ratio.
Dividends
QGRW vs. UGA - Dividend Comparison
QGRW's dividend yield for the trailing twelve months is around 0.08%, while UGA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QGRW WisdomTree U.S. Quality Growth Fund | 0.08% | 0.09% | 0.14% | 0.11% |
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QGRW and UGA have a correlation of -0.20, 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 QGRW (8.12%). In terms of maximum drawdown, QGRW dropped -24.40% vs UGA's -86.59%.
On 3-year performance, QGRW leads with 25.81% vs 18.95% for UGA. On fees, QGRW is cheaper at 0.28% per year. On volatility, QGRW has been the lower-risk option at 8.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QGRW has performed better with a 25.81% return vs 18.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QGRW is cheaper with a 0.28% expense ratio, compared with 0.75% for UGA.
QGRW has the higher dividend yield at 0.08%, compared with 0.00% for UGA.
QGRW is categorized as Large Cap Growth Equities, while UGA is Oil & Gas. QGRW tracks WisdomTree U.S. Quality Growth Index, while UGA tracks Front Month Unleaded Gasoline. They also come from different issuers: WisdomTree and Concierge Technologies. Their fees differ too: 0.28% for QGRW and 0.75% for UGA.
UGA currently has the higher Sharpe Ratio (1.73 vs 1.47), 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.
Find the right allocation for QGRW and UGA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer