TUGN vs. UGA

Last updated Jun 24, 2026

TUGN (STF Tactical Growth & Income ETF) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - TUGN is a Diversified Portfolio fund actively managed by STF, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. TUGN is actively managed, while UGA is passively managed. Over the past 3 years, TUGN returned 20.91%/yr vs 18.95%/yr for UGA. At a correlation of -0.01, they often move in opposite directions. TUGN charges 0.65%/yr vs 0.75%/yr for UGA.

Performance

TUGN vs. UGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth & Income ETF (TUGN) 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, TUGN achieves a 15.79% return, which is significantly lower than UGA's 64.09% return.

TUGN

• 1D: -1.93%
• 1M: 0.55%
• YTD: 15.79%
• 6M: 14.77%
• 1Y: 31.29%
• 3Y*: 20.91%
• 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)

TUGN vs. UGA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TUGN STF Tactical Growth & Income ETF	15.79%	19.11%	18.44%	34.84%	-18.78%
UGA United States Gasoline Fund LP	64.09%	-2.00%	3.77%	1.27%	-9.81%

Correlation

The correlation between TUGN and UGA is -0.16, 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	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since May 19, 2022	-0.01

The correlation between TUGN and UGA shifts across timeframes, from -0.16 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TUGN vs. UGA — Risk / Return Rank

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

TUGN

TUGN Risk / Return Rank: 55
TUGN Sharpe Ratio Rank: 59
TUGN Sortino Ratio Rank: 55
TUGN Omega Ratio Rank: 59
TUGN Calmar Ratio Rank: 52
TUGN Martin Ratio Rank: 51

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.

TUGN vs. UGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth & Income ETF (TUGN) 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.

	TUGN	UGA	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.73	+0.14
Sortino ratio: Return per unit of downside risk	2.48	2.25	+0.23
Omega ratio: Gain probability vs. loss probability	1.34	1.30	+0.04
Calmar ratio: Return relative to maximum drawdown	2.43	3.17	-0.74
Martin ratio: Return relative to average drawdown	8.24	9.39	-1.15

TUGN vs. UGA - Sharpe Ratio Comparison

The current TUGN Sharpe Ratio is 1.87, which is comparable to the UGA Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of TUGN 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

TUGN vs. UGA - Drawdown Comparison

The maximum TUGN drawdown since its inception was -23.45%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for TUGN and UGA.

Drawdown Indicators

	TUGN	UGA	Difference
Max Drawdown Largest peak-to-trough decline	-23.45%	-86.59%	+63.14%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-18.96%	+6.00%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-26.68%	+5.08%
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	-3.27%	-18.05%	+14.78%
Average Drawdown Average peak-to-trough decline	-6.38%	-36.69%	+30.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	6.43%	-2.63%

Volatility

TUGN vs. UGA - Volatility Comparison

The current volatility for STF Tactical Growth & Income ETF (TUGN) is 8.01%, while United States Gasoline Fund LP (UGA) has a volatility of 9.24%. This indicates that TUGN 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

	TUGN	UGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.01%	9.24%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	13.65%	30.57%	-16.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	35.22%	-18.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	34.45%	-17.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	37.22%	-19.90%

TUGN vs. UGA - Expense Ratio Comparison

TUGN has a 0.65% expense ratio, which is lower than UGA's 0.75% expense ratio.

Dividends

TUGN vs. UGA - Dividend Comparison

TUGN's dividend yield for the trailing twelve months is around 10.82%, while UGA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
TUGN STF Tactical Growth & Income ETF	10.82%	11.50%	11.84%	10.83%	7.58%
UGA United States Gasoline Fund LP	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TUGN and UGA in my portfolio?

TUGN and UGA have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUGN or UGA?

UGA has higher volatility (9.24%) compared to TUGN (8.01%). In terms of maximum drawdown, TUGN dropped -23.45% vs UGA's -86.59%.

Which ETF is better, TUGN or UGA?

On 3-year performance, TUGN leads with 20.91% vs 18.95% for UGA. On fees, TUGN is cheaper at 0.65% per year. On volatility, TUGN has been the lower-risk option at 8.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUGN or UGA?

Over the 3-year period, TUGN has performed better with a 20.91% return vs 18.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUGN or UGA?

TUGN is cheaper with a 0.65% expense ratio, compared with 0.75% for UGA.

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

TUGN has the higher dividend yield at 10.82%, compared with 0.00% for UGA.

What is the main difference between TUGN and UGA?

TUGN is categorized as Diversified Portfolio, while UGA is Oil & Gas. They also come from different issuers: STF and Concierge Technologies. Their fees differ too: 0.65% for TUGN and 0.75% for UGA.

Which has better risk-adjusted returns?

TUGN currently has the higher Sharpe Ratio (1.87 vs 1.73), 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.