WQTM vs. UGA

Last updated Jun 4, 2026

WQTM (WisdomTree Quantum Computing Fund) and UGA (United States Gasoline Fund LP) are both exchange-traded funds - WQTM is a Technology Equities fund actively managed by WisdomTree, while UGA is a Oil & Gas fund tracking the Front Month Unleaded Gasoline. WQTM is actively managed, while UGA is passively managed. At a correlation of -0.16, they often move in opposite directions. WQTM charges 0.45%/yr vs 0.75%/yr for UGA.

Performance

WQTM vs. UGA - Performance Comparison

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

Returns By Period

In the year-to-date period, WQTM achieves a 53.55% return, which is significantly lower than UGA's 75.49% return.

WQTM

• 1D: -3.80%
• 1M: 23.76%
• YTD: 53.55%
• 6M: 48.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UGA

• 1D: -0.19%
• 1M: -12.35%
• YTD: 75.49%
• 6M: 64.35%
• 1Y: 80.94%
• 3Y*: 22.21%
• 5Y*: 25.10%
• 10Y*: 14.43%

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

WQTM vs. UGA - Yearly Performance Comparison

	2026 (YTD)	2025
WQTM WisdomTree Quantum Computing Fund	53.55%	-14.56%
UGA United States Gasoline Fund LP	75.49%	-1.78%

Correlation

The correlation between WQTM and UGA is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	-0.16

Return for Risk

WQTM vs. UGA — Risk / Return Rank

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

UGA

UGA Risk / Return Rank: 69
UGA Sharpe Ratio Rank: 69
UGA Sortino Ratio Rank: 57
UGA Omega Ratio Rank: 60
UGA Calmar Ratio Rank: 89
UGA Martin Ratio Rank: 71

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.

WQTM vs. UGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Quantum Computing Fund (WQTM) and United States Gasoline Fund LP (UGA). 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.

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

Sharpe Ratios by Period

	WQTM	UGA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.32	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.73	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.12	+1.14

Drawdowns

WQTM vs. UGA - Drawdown Comparison

The maximum WQTM drawdown since its inception was -26.13%, smaller than the maximum UGA drawdown of -86.59%. Use the drawdown chart below to compare losses from any high point for WQTM and UGA.

Drawdown Indicators

	WQTM	UGA	Difference
Max Drawdown Largest peak-to-trough decline	-26.13%	-86.59%	+60.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.89%	—
Current Drawdown Current decline from peak	-3.80%	-12.35%	+8.55%
Average Drawdown Average peak-to-trough decline	-11.75%	-36.76%	+25.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.13%	—

Volatility

Volatility by Period

	WQTM	UGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.98%	35.14%	+6.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.98%	34.38%	+7.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.98%	37.27%	+4.71%

WQTM vs. UGA - Expense Ratio Comparison

WQTM has a 0.45% expense ratio, which is lower than UGA's 0.75% expense ratio.

Dividends

WQTM vs. UGA - Dividend Comparison

Neither WQTM nor UGA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WQTM and UGA in my portfolio?

WQTM and UGA have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WQTM or UGA?

On fees, WQTM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WQTM or UGA?

WQTM is cheaper with a 0.45% expense ratio, compared with 0.75% for UGA.

Which ETF pays a higher dividend yield, WQTM or UGA?

WQTM and UGA have nearly identical dividend yields, around 0.00%.

What is the main difference between WQTM and UGA?

WQTM is categorized as Technology Equities, while UGA is Oil & Gas. They also come from different issuers: WisdomTree and Concierge Technologies. Their fees differ too: 0.45% for WQTM and 0.75% for UGA.