UNLUnited States 12 Month Natural Gas Fund(Exchange Traded Fund )
XTF Rating* 1.3
Price:$8.545 0.165(1.97%)
52 Week:$7.1 - $9.75
Volume: 20,280
Avg Daily Volume: 15,679
Market Cap: $6,285,000 Avg Trade Size: 246 shares
Fund Turnover: 51 days 8/14/2020 3:27:28 PM
Similar ETFs to UNL: UNG, GAZ, UGA, BNO, USL

United States 12 Month Natural Gas Fund is an exchange-traded fund incorporated in the USA. The United States 12 Month Natural Gas Fund  LP ("UNL") is an exchange-traded security that is designed to track the movements of natural gas prices. UNL issues units that may be purchased and sold on the NYSE Arca.The investment objective is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the changes in the average of the prices of 12 futures contracts on natural gas traded on the NYMEX, consisting of the near month contract to expire and the contracts for the following 11 months, for a total of 12 consecutive months' contracts, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire and the contracts for the following 11 consecutive months (the "Benchmark Futures Contracts"), less UNL's expenses. When calculating the daily movement of the average price of the 12 Benchmark Futures Contracts, each contract month is equally weighted.

Inception Date: 11/18/2009Geography: Global  Asset Class: Commodity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedPrice Basis: Derivatives (Futures)
Issuer: United States Commodities Fund LLCUnderlying Index: Bloomberg Nymex Henry Hub Natural Gas 12 Months IndexHard Asset Type: Energy > Natural Gas
Index Provider: New York Mercantile Exchange, Inc.Index Composition: Equal-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
UNL Structural Integrity ranks in the 3rd percentile (among all 101 Commodity ETFs over past 6 months).
as of 6/30/2020 Value  Rank (%)
Expense Ratio 0.90% 
 24.5%
Average Bid Ask Ratio Premium Content 
 31.3%
Tracking Error Premium Content 
 61.3%
Concentration Risk Premium Content 
 1%
Market Impact Premium Content 
 44.3%
Efficiency Premium Content 
 8.5%
Cap Gains Dist Premium Content 
 100%
     
as of 8/13/2020  
Avg Number of Components   (range) 1   (1-1)
Legal Structure Limited Partnership 
Annual Yield 0.00%
Last Dividend PaidDate 0.0, n/a   See Distributions
Options / Futures Available Y  /  N 
Short Interest / Days to Cover 1.8% /  1 day
Net Asset Value $6,265,351 
Premium (Discount) 0.31% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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