(UGA) United States Gasoline Fund - Overview
Etf: Gasoline, Crude Oil, Diesel, Natural Gas, Heating Oil
| Risk 5d forecast | |
|---|---|
| Volatility | 30.2% |
| Relative Tail Risk | 3.02% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.27 |
| Alpha | 1.16 |
| Character TTM | |
|---|---|
| Beta | 0.350 |
| Beta Downside | 0.871 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.68% |
| CAGR/Max DD | 0.18 |
Description: UGA United States Gasoline Fund December 22, 2025
The United States Gasoline Fund LP (NYSE ARCA: UGA) is a commodity-focused ETF that tracks the performance of near-month gasoline futures traded on the NYMEX, rolling to the next month’s contract when the current contract is within two weeks of expiration. In addition to gasoline, the fund holds futures on other refined products (diesel-heating oil, other gasoline grades), crude oil, and natural gas, providing broader exposure to the petroleum supply chain.
Key market drivers to watch include U.S. refinery utilization rates (currently ~91% ± 2% bps) and seasonal demand spikes-particularly the summer driving season, which historically lifts gasoline spreads by 10-15 cents per gallon. A fresh KPI is the “crack spread” (the price differential between gasoline and crude), which has averaged $12-$14 per barrel over the last 12 months, indicating the profitability of refining operations and directly influencing UGA’s NAV.
Because gasoline prices are highly sensitive to inventory levels reported in the weekly EIA Petroleum Status Report and to geopolitical events that affect crude supply, monitoring these data releases can improve timing of entry or exit points.
For a deeper, data-driven view of UGA’s risk-adjusted performance and its correlation with broader energy indices, you might find the analytics on ValueRay worth a quick look.
What is the price of UGA shares?
Over the past week, the price has changed by +0.09%, over one month by +13.65%, over three months by +2.33% and over the past year by +8.15%.
Is UGA a buy, sell or hold?
What are the forecasts/targets for the UGA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 71.7 | 3.3% |
UGA Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 83.0m USD (83.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 83.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 83.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.21% (E(83.0m)/V(83.0m) * Re(7.21%) + (debt-free company))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)