USG vs. PUTW

Last updated Jul 14, 2026

USG (USCF Gold Strategy Plus Income Fund) and PUTW (WisdomTree Equity Premium Income Fund) are both mutual funds - USG is a Gold fund actively managed by USCF, while PUTW is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index. USG is actively managed, while PUTW is passively managed. At a 0.03 correlation, their price movements are largely independent. USG charges 0.45%/yr vs 0.44%/yr for PUTW.

Performance

USG vs. PUTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF Gold Strategy Plus Income Fund (USG) and WisdomTree Equity Premium Income Fund (PUTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USG

• 1D: -2.30%
• 1M: -4.64%
• 6M: -12.74%
• YTD: -7.36%
• 1Y: 14.05%
• 3Y*: 22.67%
• 5Y*: —
• 10Y*: —

PUTW

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

USG vs. PUTW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
USG USCF Gold Strategy Plus Income Fund	-7.36%	52.02%	23.70%	8.49%	2.12%	3.50%
PUTW WisdomTree Equity Premium Income Fund	0.00%	-2.80%	17.19%	14.01%	-11.11%	1.77%

Correlation

The correlation between USG and PUTW is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021	0.03

Return for Risk

USG vs. PUTW — Risk / Return Rank

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

USG

USG Risk / Return Rank: 10
USG Sharpe Ratio Rank: 10
USG Sortino Ratio Rank: 10
USG Omega Ratio Rank: 13
USG Calmar Ratio Rank: 9
USG Martin Ratio Rank: 8

PUTW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

USG vs. PUTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF Gold Strategy Plus Income Fund (USG) and WisdomTree Equity Premium Income Fund (PUTW). 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.

	USG	PUTW	Difference
Sharpe ratio: Return per unit of total volatility	0.57	—	—
Sortino ratio: Return per unit of downside risk	0.89	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.57	—	—
Martin ratio: Return relative to average drawdown	1.45	—	—

Drawdowns

Drawdown Indicators

	USG	PUTW	Difference
Max Drawdown Largest peak-to-trough decline	-24.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-24.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.86%	—	—
Current Drawdown Current decline from peak	-24.30%	—	—
Average Drawdown Average peak-to-trough decline	-4.72%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.68%	—	—

Volatility

Volatility by Period

	USG	PUTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.67%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.18%	—	—

USG vs. PUTW - Expense Ratio Comparison

USG has a 0.45% expense ratio, which is higher than PUTW's 0.44% expense ratio.

Dividends

USG vs. PUTW - Dividend Comparison

USG's dividend yield for the trailing twelve months is around 30.08%, while PUTW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PUTW WisdomTree Equity Premium Income Fund	0.00%	4.16%	11.99%	7.63%	2.16%	0.00%	1.43%	1.47%	5.49%	3.33%	2.27%
USG USCF Gold Strategy Plus Income Fund	30.08%	27.33%	7.48%	8.16%	2.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USG and PUTW in my portfolio?

USG and PUTW have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.