PortfoliosLab logo
UGA vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UGA and QQQ is 0.29, 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. QQQ - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

UGA:

-0.44

QQQ:

0.45

Sortino Ratio

UGA:

-0.44

QQQ:

0.81

Omega Ratio

UGA:

0.95

QQQ:

1.11

Calmar Ratio

UGA:

-0.38

QQQ:

0.51

Martin Ratio

UGA:

-1.10

QQQ:

1.65

Ulcer Index

UGA:

10.68%

QQQ:

6.96%

Daily Std Dev

UGA:

26.99%

QQQ:

25.14%

Max Drawdown

UGA:

-86.59%

QQQ:

-82.98%

Current Drawdown

UGA:

-25.53%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, UGA achieves a -5.35% return, which is significantly lower than QQQ's -4.41% return. Over the past 10 years, UGA has underperformed QQQ with an annualized return of 4.13%, while QQQ has yielded a comparatively higher 17.26% annualized return.


UGA

YTD

-5.35%

1M

4.23%

6M

-4.22%

1Y

-11.83%

5Y*

31.35%

10Y*

4.13%

QQQ

YTD

-4.41%

1M

4.71%

6M

-4.80%

1Y

11.32%

5Y*

17.54%

10Y*

17.26%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UGA vs. QQQ - Expense Ratio Comparison

UGA has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Risk-Adjusted Performance

UGA vs. QQQ — Risk-Adjusted Performance Rank

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

UGA
The Risk-Adjusted Performance Rank of UGA is 66
Overall Rank
The Sharpe Ratio Rank of UGA is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of UGA is 66
Sortino Ratio Rank
The Omega Ratio Rank of UGA is 77
Omega Ratio Rank
The Calmar Ratio Rank of UGA is 44
Calmar Ratio Rank
The Martin Ratio Rank of UGA is 44
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5656
Overall Rank
The Sharpe Ratio Rank of QQQ is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5656
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UGA vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Gasoline Fund LP (UGA) and Invesco QQQ (QQQ). 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.


The current UGA Sharpe Ratio is -0.44, which is lower than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of UGA and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

UGA vs. QQQ - Dividend Comparison

UGA has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.


TTM20242023202220212020201920182017201620152014
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%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

UGA vs. QQQ - Drawdown Comparison

The maximum UGA drawdown since its inception was -86.59%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UGA and QQQ. For additional features, visit the drawdowns tool.


Loading data...

Volatility

UGA vs. QQQ - Volatility Comparison


Loading data...