United States Gasoline Fund LPUnited States Gasoline Fund LPUnited States Gasoline Fund LP

United States Gasoline Fund LP

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Key stats


Assets under management (AUM)
‪71.43 M‬USD
Fund flows (1Y)
‪−12.48 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.20 M‬
Expense ratio
0.97%

About United States Gasoline Fund LP


Brand
US Commodity Funds
Inception date
Feb 26, 2008
Structure
Commodities Pool
Index tracked
Front Month Unleaded Gasoline
Replication method
Synthetic
Management style
Passive
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
United States Commodity Funds LLC
Distributor
ALPS Distributors, Inc.
UGA is the first ETP in the gasoline commodity space. The fund holds near-month futures contract on RBOB gasoline that is for delivery to the New York harbor, and rolls expiring front-month contracts to the next-nearest month. UGA invests primarily in RBOB futures contracts traded on the New York Mercantile Exchange (NYMEX), and may invest in forwards and swap contracts. As an ETF, 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.

Classification


Asset Class
Commodities
Category
Energy
Focus
Gasoline
Niche
Front month
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.30%
Futures49.70%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to UGA via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UGA trades at 60.02 USD today, its price has risen 0.88% in the past 24 hours. Track more dynamics on UGA price chart.
UGA net asset value is 59.93 today — it's risen 4.87% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UGA assets under management is ‪71.43 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UGA price has risen by 3.56% over the last month, and its yearly performance shows a −5.70% decrease. See more dynamics on UGA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.46% increase in three-month performance and has decreased by −4.89% in a year.
UGA fund flows account for ‪−12.48 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UGA invests in cash. See more details in our Analysis section.
UGA expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, UGA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UGA technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UGA shows the neutral signal. See more of UGA technicals for a more comprehensive analysis.
No, UGA doesn't pay dividends to its holders.
UGA trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UGA shares are issued by The Marygold Cos, Inc.
UGA follows the Front Month Unleaded Gasoline. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 26, 2008.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.