UDI vs. UNG
UDI (USCF ESG Dividend Income Fund) and UNG (United States Natural Gas Fund LP) are both exchange-traded funds - UDI is a Large Cap Value Equities fund actively managed by USCF, while UNG is a Oil & Gas fund tracking the Front Month Natural Gas Futures. UDI is actively managed, while UNG is passively managed. Over the past 3 years, UDI returned 17.02%/yr vs -28.64%/yr for UNG. Their 0.08 correlation means their historical movements had little consistent relationship. UDI charges 0.65%/yr vs 1.17%/yr for UNG.
Performance
UDI vs. UNG - Performance Comparison
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Returns By Period
In the year-to-date period, UDI achieves a 16.78% return, which is significantly higher than UNG's -17.94% return.
UDI
- 1D
- 0.09%
- 1M
- 2.84%
- 6M
- 12.51%
- YTD
- 16.78%
- 1Y
- 27.73%
- 3Y*
- 17.02%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.87%
UNG
- 1D
- 0.50%
- 1M
- -13.13%
- 6M
- -40.47%
- YTD
- -17.94%
- 1Y
- -26.14%
- 3Y*
- -28.64%
- 5Y*
- -28.82%
- 10Y*
- -22.61%
- ALL TIME*
- -28.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $39.69K | $57.87K | $43.48K | |
| $82.18M | $81.43M | $85.25M |
UDI vs. UNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
UDI USCF ESG Dividend Income Fund | 16.78% | 14.23% | 17.07% | 6.35% | 3.14% |
UNG United States Natural Gas Fund LP | -17.94% | -27.07% | -17.11% | -64.04% | -55.55% |
Correlation
The correlation between UDI and UNG is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 2022 | 0.08 |
The correlation between UDI and UNG shifts across timeframes, from -0.09 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UDI vs. UNG — Risk / Return Rank
UDI
UNG
UDI vs. UNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and United States Natural Gas Fund LP (UNG). 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.
| UDI | UNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.08 | ||
| Sortino ratioReturn per unit of downside risk | +4.14 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 0.96 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 4.71 | -0.62 | +5.33 |
| Martin ratioReturn relative to average drawdown | 18.68 | -1.04 | +19.72 |
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Drawdowns
UDI vs. UNG - Drawdown Comparison
The maximum UDI drawdown since its inception was -14.17%, smaller than the maximum UNG drawdown of -99.88%. Use the drawdown chart below to compare losses from any high point for UDI and UNG.
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Drawdown Indicators
| UDI | UNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.17% | -99.88% | +85.71% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -42.01% | +36.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -69.26% | +55.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -92.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.77% | — |
Current DrawdownCurrent decline from peak | -1.08% | -99.88% | +98.80% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -90.02% | +87.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 25.13% | -23.71% |
Volatility
UDI vs. UNG - Volatility Comparison
The current volatility for USCF ESG Dividend Income Fund (UDI) is 3.13%, while United States Natural Gas Fund LP (UNG) has a volatility of 10.03%. This indicates that UDI experiences smaller price fluctuations and is considered to be less risky than UNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UDI | UNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 10.03% | -6.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.37% | 42.08% | -34.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.16% | 59.01% | -48.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.93% | 64.14% | -50.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.93% | 54.70% | -40.77% |
UDI vs. UNG - Expense Ratio Comparison
UDI has a 0.65% expense ratio, which is lower than UNG's 1.17% expense ratio.
Dividends
UDI vs. UNG - Dividend Comparison
UDI's dividend yield for the trailing twelve months is around 2.56%, while UNG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
UDI USCF ESG Dividend Income Fund | 2.56% | 2.42% | 5.33% | 2.61% | 1.79% |
UNG United States Natural Gas Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UDI and UNG have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNG has higher volatility (10.03%) compared to UDI (3.13%). In terms of maximum drawdown, UDI dropped -14.17% vs UNG's -99.88%.
On 3-year performance, UDI leads with 17.02% vs -28.64% for UNG. On fees, UDI is cheaper at 0.65% per year. On volatility, UDI has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, UDI has performed better with a 17.02% return vs -28.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UDI is cheaper with a 0.65% expense ratio, compared with 1.17% for UNG.
UDI has the higher dividend yield at 2.56%, compared with 0.00% for UNG.
UDI is categorized as Large Cap Value Equities, while UNG is Oil & Gas. Their fees differ too: 0.65% for UDI and 1.17% for UNG.
UDI currently has the higher Sharpe Ratio (2.64 vs -0.44), 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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