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UGA vs. FNGS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

UGA vs. FNGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Gasoline Fund LP (UGA) and MicroSectors FANG+ ETN (FNGS). The values are adjusted to include any dividend payments, if applicable.

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UGA vs. FNGS - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
UGA
United States Gasoline Fund LP
61.19%-2.00%3.77%1.27%46.34%68.49%-24.88%3.49%
FNGS
MicroSectors FANG+ ETN
-10.61%18.64%51.99%95.24%-40.32%16.96%101.99%10.91%

Returns By Period

In the year-to-date period, UGA achieves a 61.19% return, which is significantly higher than FNGS's -10.61% return.


UGA

1D
-3.72%
1M
31.39%
YTD
61.19%
6M
57.41%
1Y
54.00%
3Y*
17.85%
5Y*
25.31%
10Y*
14.86%

FNGS

1D
2.05%
1M
-3.29%
YTD
-10.61%
6M
-12.74%
1Y
20.77%
3Y*
31.31%
5Y*
16.15%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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UGA vs. FNGS - Expense Ratio Comparison

UGA has a 0.75% expense ratio, which is higher than FNGS's 0.58% expense ratio.


Return for Risk

UGA vs. FNGS — Risk / Return Rank

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

UGA
UGA Risk / Return Rank: 8080
Overall Rank
UGA Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
UGA Sortino Ratio Rank: 8181
Sortino Ratio Rank
UGA Omega Ratio Rank: 7575
Omega Ratio Rank
UGA Calmar Ratio Rank: 9292
Calmar Ratio Rank
UGA Martin Ratio Rank: 7171
Martin Ratio Rank

FNGS
FNGS Risk / Return Rank: 3939
Overall Rank
FNGS Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
FNGS Sortino Ratio Rank: 4646
Sortino Ratio Rank
FNGS Omega Ratio Rank: 4242
Omega Ratio Rank
FNGS Calmar Ratio Rank: 3636
Calmar Ratio Rank
FNGS Martin Ratio Rank: 3232
Martin Ratio Rank
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.

UGA vs. FNGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Gasoline Fund LP (UGA) and MicroSectors FANG+ ETN (FNGS). 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.


UGAFNGSDifference

Sharpe ratio

Return per unit of total volatility

1.68

0.77

+0.91

Sortino ratio

Return per unit of downside risk

2.18

1.32

+0.87

Omega ratio

Gain probability vs. loss probability

1.29

1.17

+0.12

Calmar ratio

Return relative to maximum drawdown

3.53

0.96

+2.57

Martin ratio

Return relative to average drawdown

7.76

2.94

+4.81

UGA vs. FNGS - Sharpe Ratio Comparison

The current UGA Sharpe Ratio is 1.68, which is higher than the FNGS Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of UGA and FNGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


UGAFNGSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

0.77

+0.91

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.54

+0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

0.91

-0.80

Correlation

The correlation between UGA and FNGS is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

UGA vs. FNGS - Dividend Comparison

Neither UGA nor FNGS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UGA vs. FNGS - Drawdown Comparison

The maximum UGA drawdown since its inception was -86.59%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for UGA and FNGS.


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Drawdown Indicators


UGAFNGSDifference

Max Drawdown

Largest peak-to-trough decline

-86.59%

-48.98%

-37.61%

Max Drawdown (1Y)

Largest decline over 1 year

-15.53%

-22.93%

+7.40%

Max Drawdown (5Y)

Largest decline over 5 years

-38.11%

-48.98%

+10.87%

Max Drawdown (10Y)

Largest decline over 10 years

-75.89%

Current Drawdown

Current decline from peak

-6.00%

-17.66%

+11.66%

Average Drawdown

Average peak-to-trough decline

-37.06%

-11.02%

-26.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.07%

7.52%

-0.45%

Volatility

UGA vs. FNGS - Volatility Comparison

United States Gasoline Fund LP (UGA) has a higher volatility of 18.86% compared to MicroSectors FANG+ ETN (FNGS) at 8.61%. This indicates that UGA's price experiences larger fluctuations and is considered to be riskier than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


UGAFNGSDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.86%

8.61%

+10.25%

Volatility (6M)

Calculated over the trailing 6-month period

25.78%

15.82%

+9.96%

Volatility (1Y)

Calculated over the trailing 1-year period

32.35%

27.04%

+5.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.57%

29.98%

+3.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.00%

31.34%

+5.66%