What is UNG?

UNG holds near-month futures contracts in natural gas, as well as swap contracts.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UNG 0.52% -61.19% -44.68% -55.10% -16.42% -19.07% -21.21%
UNG (NAV) -0.27% -61.55% -45.61% -55.88% -16.75% -19.14% -21.32%
Front Month Natural Gas -- -- -- -- -- -- --
S&P GSCI Natural Gas Index -1.06% -60.65% -44.68% -54.14% -14.88% -18.34% -20.77%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UNG Factset Analytics Insight

UNG offers straightforward exposure to front-month natural gas futures, rolling expiring front-month contracts to the next-nearest month. This method increases the sensitivity to underlying gas prices and to the shape of the futures curve, the same as our benchmark. The natural gas contract is natural gas delivered at the Henry Hub, Louisiana. UNG primarily invests in natural gas futures listed in New York Mercantile Exchange (NYMEX), and may invest in forwards and swap contracts. Structured as a commodities pool, investors should expect a K-1 at tax time and a blended tax rate.

UNG Summary Data

Marygold
04/18/07
1.11%
$996.48M
Front Month Natural Gas
S&P GSCI Natural Gas Index
Commodities Pool

Peers

S&P GSCI Natural Gas Index
GAZ, UNL

Fund Flows

-$0.05B 5 Days
+$0.16B 30 Days
+$0.86B 90 Days

UNG Portfolio Data

Futures
Front Month
Monthly
--

UNG Index Data

Front Month Natural Gas
Single Asset
Single Asset
S&P GSCI Natural Gas Index

UNG Portfolio Management

1.11%
--
--
--

UNG Tax Exposures

27.84% / 27.84%
--
Yes

UNG Fund Structure

Commodities Pool
Yes
No
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/20/23

This measurement shows how easy it is to trade a $1 million USD block of UNG. UNG is rated a 5 out of 5.

UNG Tradability

21,666,580
$190.59M
20,696,799
$179.76M
0.12%
$0.01
0.22%
3.63% / -3.24%
None
100.00%
100,000
206.97
0.07%
--
1,082,195
$7.74
5

UNG Top 10 Targeted Commodity Weights

61.06%
44.58%
-5.64%
100.00%

UNG Performance Statistics

1.00
1.01
1.02
1.00
0.00%

UNG Tenor Strategy

UNG invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

UNG Rolling Strategy

UNG is rolled over the course of four days.

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.