Key stats
About United States Gasoline Fund LP
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Inception date
Feb 26, 2008
Structure
Commodities Pool
Replication method
Synthetic
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.30%
Futures49.70%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UGA assets under management is 71.43 M USD. It's risen 3.89% over the last month.
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.
No, UGA doesn't pay dividends to its holders.
UGA shares are issued by The Marygold Cos, Inc. under the brand US Commodity Funds. The ETF was launched on Feb 26, 2008, and its management style is Passive.
UGA expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
UGA follows the Front Month Unleaded Gasoline. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UGA invests in cash.
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.
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 trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.