UGA

United States Gasoline Fund LP
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

UGA Fund Description

The United States Gasoline Fund holds near-month NYMEX futures contracts on RBOB gasoline.

UGA Factset Analytics Insight

UGA offers viable exposure to gasoline prices, but it's not particularly cheap. The fund charges 72 bps annually, on par with other single-commodity funds. Fund assets aren't huge, but are sufficient to keep closure risk away. Still, the fund trades better than its AUM suggests with decent spreads and adequate volume holding down all-in costs. Like our benchmark, UGA holds near-month futures on RBOB gasoline traded on the NYMEX. UGA is structured as a commodities pool, so cap gains are taxed at a blended 60% long-term/40% short-term rate regardless of the holding period, and investors receive a K-1 at tax time. In all, UGA is a decent choice for gasoline exposure, which is fortunate given its status as the sole ETP in the space.

UGA CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/11/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UGA -0.74% 1.25% 4.65% 37.03% -6.53% -11.32% -6.66%
UGA (NAV) -1.40% 0.45% 3.57% 36.38% -6.53% -11.31% -6.72%
Front Month Unleaded Gasoline -- -- -- -- -- -- -6.72%
S&P GSCI Unleaded Gasoline -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UGA Top 10 Holdings [View All]

UGA Summary Data

02/26/08
Commodities Pool
1.12%
$46.93M
$689.08K
0.26%

UGA Portfolio Data

Futures
Front Month
N/A
31

UGA Index Data

Single Asset
Single Asset
S&P GSCI Unleaded Gasoline

UGA Portfolio Management

1.12%
--
--
--

UGA Tax Exposures

27.84% / 27.84%
--
Yes

UGA Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Medium
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UGA Factset Analytics Block Liquidity

As of 07/12/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UGA. UGA is rated a 5 out of 5.

UGA Tradability

20,094
$689.08K
15,749
$520.45K
0.26%
$0.09
-0.03%
0.99% / -1.09%
None
100.00%
50,000
0.31
0.02%
--
4,611
$33.18
5

UGA SECTOR BREAKDOWN


UGA
Segment Benchmark
100.00%
100.00%

UGA TOP 10 TARGETED COMMODITY WEIGHTS[View All]

99.94%
4.47%
4.46%
4.46%
4.46%
4.46%
4.46%
4.45%
4.45%
4.44%
140.05%

UGA Tenor Strategy

UGA invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

UGA Rolling Strategy

UGA is rolled over the course of one day.

UGA Performance Statistics

0.99
1.02
1.01
1.00
0.00%