UGA 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

UGA

United States Gasoline Fund LP

7월 28일 4:00 PM ET (한국 7/29 05:00)

$118.30

-0.91 ▼ -0.76%

🌙 7월 28일 7:46 PM ET (한국 7/29 08:46)

$120.13

+1.83 ▲ +1.55%

UGA ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

1.08%

Annual operating cost

Net Assets (AUM)

$143M

약 1966억원

Holdings

6 items

Dividend Yield

Management Style

Passive

Category ⓘ	Commodities & Metals - Energy	Asset Type ⓘ	Commodities & Metals	Return% 1Y ⓘ	93.33%	Total Holdings ⓘ	6	Perf Week ⓘ	-2.98%
ETF Type ⓘ	Global Commodities & Metals	Active/Passive ⓘ	Passive	Return% 3Y ⓘ	20.48%	AUM ⓘ	$143M	Perf Month ⓘ	17.69%
Expense ⓘ	1.08%	NAV ⓘ	$119.58	Return% 5Y ⓘ	28.8%	52W High ⓘ	-6.67%	Perf Quarter ⓘ	6.03%
Dividend TTM ⓘ	-	Div Gr. 3/5Y ⓘ	-	Return% 10Y ⓘ	17.12%	52W Low ⓘ	95.86%	Perf Half Y ⓘ	80.89%
Flows% 1M ⓘ	13.65%	Flows% YTD ⓘ	-5.74%	Return% SI ⓘ	4.76%	Volatility(W/M) ⓘ	1.65% 2.08%	Perf YTD ⓘ	91.64%
SMA20 ⓘ	3.87%	SMA50 ⓘ	7.6%	SMA200 ⓘ	36.58%	RSI (14) ⓘ	57.88	Beta ⓘ	-0.01
IPO ⓘ	2008/2/27	Prev Close ⓘ	$119.21	Perf Year ⓘ	88.47%	Avg Volume ⓘ	0.04M	Price ⓘ	$118.3

📊 United States Gasoline Fund LP (UGA) Investment Analysis

ETF Overview

United States Gasoline Fund LP · Commodities & Metals - Energy

일반 ETF — 카테고리 기반 분석만 제공됩니다

2008년 상장, 18년 운영 중.

United States Gasoline Fund는 휘발유 현물 가격의 일간 변동률을 추구합니다. 이 펀드는 휘발유 선물계약, 기타 유형의 휘발유, 원유, 디젤·난방유, 천연가스, 기타 석유 기반 연료에 투자합니다. 벤치마크 선물계약은 NYMEX에서 거래되는 휘발유 선물계약 중 만기가 가장 가까운 근월물이며, 근월물이 만기 2주 이내인 경우 다음 월물 선물계약으로 측정됩니다.

📘 UGA ETF 자세히 알아보기 →

commodityfuturesoilnatural-gas

규모: $143M 약 1966억원
운용사: United
운용 방식: 패시브 (지수 추종)
상장일: 2008년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

Above-average cost — 1.08% annually

Expense ratio is higher than the Commodities & Metals - Energy median. Compare against similar ETFs.

Effective Annual Expense Ratio (Net Expense Ratio)

하위 25%

1.08%

My positionBottom 25%

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$1.1M

Pay $530K more per year vs. category average

Category Median Annual Cost

$550K

Based on expense ratio of 0.55%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$19.0M

19.6% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

USO

United States Oil Fund

0.60%

-0.48%p annually

OILK

ProShares K-1 Free Crude Oil ETF

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Top-tier returns in its category

상위 5% vs. 전체 ETF.+75.5%p vs. benchmark (SPY) over 1Y.

ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.

If you had invested 10 year(s) ago

$100.0M

Today's value

$485.6M

→

Total gain

+$385.6M

Annualized +17.1%

1 Year

2025.07 ~ 2026.07

Annualized +93.33%

상위 5%

Outperformed the benchmark by 75.5%p annually

My positionTop 5%

Low range Average High range

3 Years

2023.07 ~ 2026.07

Annualized +20.48% Cumulative +74.9%

상위 25%

Outperformed the benchmark by 1.2%p annually

My positionTop 25%

Low range Average High range

5 Years

2021.07 ~ 2026.07

Annualized +28.80% Cumulative +254.5%

상위 5%

Outperformed the benchmark by 15.6%p annually

My positionTop 5%

Low range Average High range

10Y

2016.07 ~ 2026.07

Annualized +17.12% Cumulative +385.6%

상위 25%

Outperformed the benchmark by 2.2%p annually

My positionTop 25%

Low range Average High range

10Y Cumulative Total Return Curve

2016-07-29 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.

UGA · Price Only UGA · Price + Cumulative Dividends UGA · Dividend Reinvested S&P 500 (SPY)

150

300

450

ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.

Annual Return Comparison

ETF returns vs S&P 500 (SPY) by calendar year

UGA S&P 500 (SPY)

+100%

−100%

+4%

2017

-27%

2018

+39%

2019

-25%

2020

+74%

2021

+44%

2022

+6%

2023

+4%

2024

-4%

2025

+93%

2026 YTD

ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.

Win rate vs S&P 500 (SPY)

3 / 9Y

Lags behind benchmark (33%)

+ 2026 YTD: Ahead (93.1% vs 8.7%)

2017 ✗

2018 ✗

2019 ✓

2020 ✗

2021 ✓

2022 ✓

2023 ✗

2024 ✗

2025 ✗

2026 ✓ YTD

ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.

Downside Capture

🛡️ -48%

Falls less than the benchmark in drawdowns — strong downside protection

<85% (Defend) 85~110% (Track) >110% (Lag)

ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

Moderate Risk

Volatility is around market average. Be prepared for losses of roughly -30% to -40% in major downturns.

Beta (market sensitivity)

상위 5%

-0.01

If the market rises +10% -0.1%

If the market falls -10% +0.1%

My positionTop 5%

Low range Average High range

ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.

Average daily range (last 1 month)

하위 25%

±2.08%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-75.9%

Drawdown duration: 18 months

2018-10-01 → 2020-03-24

Recovered in about 1.3 years

2015-08-03 Worst -74% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

0.23

Weak — Low risk-adjusted returns

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Estimated Monthly Maximum Loss (VaR 95%)

-14.5%

Historically, monthly losses exceeding this figure occurred only5%of the time.

ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.

🎯 목적별 적합도

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자산 배분·헤지 용도

낮음

👤

이런 분에게 어울려요

Long-term and recurring investors

✅ 강점

📈Top 5% long-term returns in 전체 ETF
🎯Outperforms benchmark by +15.6%p annually

⚠️ 약점·주의사항

💸Expense ratio is somewhat high — 1.08% annually
⚠️Volatility is above average

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

21 ETFs tracking the same theme as UGA using leveraged or covered call strategies (Leverage 8 · Inverse 6 · Covered Call 7)

Not direct derivatives of UGA, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with UGA, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)