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United States Gasoline Fund, LP(UGA)
Closing price · checked 4:30 PM ETAbout this dataData status
$123.90▲3.40 (2.82%)
Extended:$123.90+0.00 (+0.00%)
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United States Gasoline Fund, LP (UGA) is an exchange-traded fund that seeks to track the price movements of gasoline by investing in gasoline futures contracts. Its performance is closely tied to the RBOB gasoline futures market, primarily influenced by supply-demand dynamics in the U.S. and global oil markets.

Financial ServicesAsset Managementlow - UGA's costs are primarily variable, tied to the management fees and trading costs associated with futures contracts.

Business Overview

01Investment returns from gasoline futures contracts - 100%

UGA generates returns by holding RBOB gasoline futures contracts, capturing price movements in the gasoline market. The fund benefits from contango and backwardation in futures pricing, allowing it to optimize returns based on market conditions. Its competitive advantage lies in its direct exposure to gasoline prices, making it a preferred choice for investors looking to hedge against gasoline price fluctuations.

What Moves the Stock

Fluctuations in RBOB gasoline futures prices

Changes in crude oil prices (DCOILWTICO)

Seasonal demand variations (summer driving season)

Regulatory changes affecting gasoline supply

Watch on Earnings
Net asset value per shareTracking error relative to gasoline futuresVolume of gasoline futures traded

Risk Factors

Volatility in crude oil and gasoline prices due to geopolitical tensions

Regulatory changes impacting gasoline production and distribution

Emergence of alternative energy sources reducing gasoline demand

Increased competition from other commodity-focused ETFs

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

moderate - UGA's performance is influenced by consumer spending on gasoline, which correlates with economic growth. Higher GDP growth typically leads to increased gasoline consumption.

Interest Rates

Minimal impact as UGA does not rely on debt financing. However, rising rates could indirectly affect consumer spending and gasoline demand.

Credit

minimal

Live Conditions
S&P 500 FuturesRussell 2000 FuturesDow Jones Futures30-Year Treasury10-Year Treasury5-Year Treasury30-Day Fed Funds2-Year Treasury

Profile

momentum - investors seeking exposure to gasoline price movements and those hedging against rising fuel costs.

high - UGA exhibits high volatility due to fluctuations in commodity prices.

Key Metrics to Watch
RBOB gasoline futures price (RBUSD)
WTI crude oil price (CLUSD)
U.S. gasoline inventory levels
Seasonal gasoline demand trends

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Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.