UGA vs. MGK
Compare and contrast key facts about United States Gasoline Fund LP (UGA) and Vanguard Mega Cap Growth ETF (MGK).
UGA and MGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UGA is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Unleaded Gasoline. It was launched on Feb 26, 2008. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007. Both UGA and MGK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UGA or MGK.
Correlation
The correlation between UGA and MGK is 0.24, 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.
Performance
UGA vs. MGK - Performance Comparison
Key characteristics
UGA:
-0.76
MGK:
0.21
UGA:
-0.94
MGK:
0.47
UGA:
0.89
MGK:
1.07
UGA:
-0.66
MGK:
0.23
UGA:
-1.52
MGK:
0.85
UGA:
13.40%
MGK:
6.27%
UGA:
26.96%
MGK:
25.17%
UGA:
-86.59%
MGK:
-48.36%
UGA:
-26.67%
MGK:
-18.09%
Returns By Period
In the year-to-date period, UGA achieves a -6.79% return, which is significantly higher than MGK's -14.73% return. Over the past 10 years, UGA has underperformed MGK with an annualized return of 4.48%, while MGK has yielded a comparatively higher 14.20% annualized return.
UGA
-6.79%
-4.63%
-3.39%
-17.36%
38.07%
4.48%
MGK
-14.73%
-6.99%
-10.53%
9.72%
16.45%
14.20%
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UGA vs. MGK - Expense Ratio Comparison
UGA has a 0.75% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
UGA vs. MGK — Risk-Adjusted Performance Rank
UGA
MGK
UGA vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Gasoline Fund LP (UGA) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
UGA vs. MGK - Dividend Comparison
UGA has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.52%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UGA United States Gasoline Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.52% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
UGA vs. MGK - Drawdown Comparison
The maximum UGA drawdown since its inception was -86.59%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for UGA and MGK. For additional features, visit the drawdowns tool.
Volatility
UGA vs. MGK - Volatility Comparison
The current volatility for United States Gasoline Fund LP (UGA) is 11.70%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 16.49%. This indicates that UGA experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.