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USL vs. FGDL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between USL and FGDL is 0.20, 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.


-0.50.00.51.00.2

Performance

USL vs. FGDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States 12 Month Oil Fund LP (USL) and Franklin Responsibly Sourced Gold ETF (FGDL). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-6.70%
45.06%
USL
FGDL

Key characteristics

Sharpe Ratio

USL:

0.07

FGDL:

1.96

Sortino Ratio

USL:

0.26

FGDL:

2.61

Omega Ratio

USL:

1.03

FGDL:

1.34

Calmar Ratio

USL:

0.03

FGDL:

3.61

Martin Ratio

USL:

0.22

FGDL:

10.34

Ulcer Index

USL:

7.27%

FGDL:

2.83%

Daily Std Dev

USL:

22.54%

FGDL:

14.90%

Max Drawdown

USL:

-89.06%

FGDL:

-11.26%

Current Drawdown

USL:

-57.99%

FGDL:

-6.15%

Returns By Period

In the year-to-date period, USL achieves a 5.13% return, which is significantly lower than FGDL's 27.31% return.


USL

YTD

5.13%

1M

-1.15%

6M

-8.07%

1Y

2.47%

5Y*

10.05%

10Y*

3.03%

FGDL

YTD

27.31%

1M

-1.24%

6M

13.20%

1Y

28.50%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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


USL vs. FGDL - Expense Ratio Comparison

USL has a 0.88% expense ratio, which is higher than FGDL's 0.15% expense ratio.


USL
United States 12 Month Oil Fund LP
Expense ratio chart for USL: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for FGDL: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

USL vs. FGDL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States 12 Month Oil Fund LP (USL) and Franklin Responsibly Sourced Gold ETF (FGDL). 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.


Sharpe ratio
The chart of Sharpe ratio for USL, currently valued at 0.07, compared to the broader market0.002.004.000.071.96
The chart of Sortino ratio for USL, currently valued at 0.26, compared to the broader market-2.000.002.004.006.008.0010.000.262.61
The chart of Omega ratio for USL, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.031.34
The chart of Calmar ratio for USL, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.103.61
The chart of Martin ratio for USL, currently valued at 0.22, compared to the broader market0.0020.0040.0060.0080.00100.000.2210.34
USL
FGDL

The current USL Sharpe Ratio is 0.07, which is lower than the FGDL Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of USL and FGDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.07
1.96
USL
FGDL

Dividends

USL vs. FGDL - Dividend Comparison

Neither USL nor FGDL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

USL vs. FGDL - Drawdown Comparison

The maximum USL drawdown since its inception was -89.06%, which is greater than FGDL's maximum drawdown of -11.26%. Use the drawdown chart below to compare losses from any high point for USL and FGDL. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.85%
-6.15%
USL
FGDL

Volatility

USL vs. FGDL - Volatility Comparison

United States 12 Month Oil Fund LP (USL) and Franklin Responsibly Sourced Gold ETF (FGDL) have volatilities of 5.23% and 5.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.23%
5.14%
USL
FGDL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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