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.
Related funds
Classification
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.74%
Futures49.26%
Top 10 holdings
$UGA getting set to rip higherTarget would represent a 25% gain in the ETF. Wait for the breakout, then pounce
UGA | Gasoline Oversold | LONGThe fund invests in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels. The Benchmark Futures Contract is the futures contract on gasoline as traded on the New York Mercantile Exchange that is the near month contract to
UGA, LONG , Hammer/Vol entry Was planning on waiting for a wedge pop but since UGA became my best trade of 2022 so far and we have a decent high volume hammer here today , I am taking this as a first buy and hopefully can add a second position on the WP when and if it happens .
Entry 70.53
Stop 66.99
PT 1 - 74.04 sell 1/4 rai
UGA, LONG Although I am not allowed to take longs in stock market now with the SPY and QQQ under their 21 emas , I have decided to try modifying my rules to still allow for commodities related longs .As long as they maintain overall low correlation to the market , I think its very reasonable to try out some c
UGA 2h Wolfe Wave Short SideUGA 2h Wolfe Wave Short Side from TOS Option. A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
UGA wakes up, Here's another chart like 2013 - Gasoline pricesApparently Bitcoin is resembling 2013 - well, the last time we saw gas prices this high was in 2013-2014. Experts say to expect a run-up through July. I noted last Fall, if you want to make yourself feel better, maybe (not financial advice) buy some UGA and when you fill up at the pump you will feel
UGA continues up, I think about it every time I buy gasEvery time I drive buy a gas station or when I fill up, I think to myself that I should buy enough United States Gasoline Fund to cover the rising cost of fuel.
Of course, I'd have to pay short-term tax - but wouldn't it cool if we could direct UGA profit to a debit card and pay for our gas that w
US Gasoline fund up 42% since November hits pre-Covid resistanceI don't hold UGA but track it as a bellwether on the overall economy. Up 42% since Nov it has seen strong gains since Nov.
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Displays a symbol's price movements over previous years to identify recurring trends.
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 assets under management is 77.08 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.
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.
No, UGA doesn't pay dividends to its holders.
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.