United States Natural Gas Fund LP (UNG) Alternatives
United States Natural Gas Fund LP (UNG) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UNG. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to UNG
UNG charges 1.28% annually. Among ETFs in the Oil & Gas category, these options have the lowest expense ratios among UNG alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BP p.l.c. ADRhedged ETF | 0.19% | Jan 3, 2025 | UNG vs BPH | |
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | Sep 26, 2016 | UNG vs OILK | |
| United States Gasoline Fund LP | 0.75% | Feb 26, 2008 | UNG vs UGA | |
| Invesco DB Energy Fund | 0.78% | Jan 5, 2007 | UNG vs DBE | |
| Invesco DB Oil Fund | 0.78% | Jan 5, 2007 | UNG vs DBO |
Best Risk-Adjusted Alternatives to UNG
Among ETFs in the Oil & Gas category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| United States Gasoline Fund LP | 88 | Feb 26, 2008 | UNG vs UGA | |
| United States Brent Oil Fund LP | 86 | Jun 2, 2010 | UNG vs BNO | |
| Invesco DB Energy Fund | 85 | Jan 5, 2007 | UNG vs DBE | |
| United States Oil Fund LP | 82 | Apr 10, 2006 | UNG vs USO | |
| Invesco DB Oil Fund | 68 | Jan 5, 2007 | UNG vs DBO |
Top Performing UNG Alternatives (YTD)
UNG alternatives from the Oil & Gas category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| United States Oil Fund LP | 83.99% | Apr 10, 2006 | UNG vs USO | |
| United States Brent Oil Fund LP | 83.65% | Jun 2, 2010 | UNG vs BNO | |
| Invesco DB Energy Fund | 68.74% | Jan 5, 2007 | UNG vs DBE | |
| United States Gasoline Fund LP | 67.41% | Feb 26, 2008 | UNG vs UGA | |
| Invesco DB Oil Fund | 61.23% | Jan 5, 2007 | UNG vs DBO |
Lowest Volatility Alternatives to UNG
UNG alternatives from the Oil & Gas category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| United States 12 Month Oil Fund LP | 28.76% | Dec 6, 2007 | UNG vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | 29.05% | Sep 26, 2016 | UNG vs OILK | |
| BP p.l.c. ADRhedged ETF | 29.54% | Jan 3, 2025 | UNG vs BPH | |
| Invesco DB Energy Fund | 31.66% | Jan 5, 2007 | UNG vs DBE | |
| United States Gasoline Fund LP | 32.19% | Feb 26, 2008 | UNG vs UGA |
Lowest Drawdown Alternatives to UNG
UNG alternatives from the Oil & Gas category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco DB Energy Fund | -14.70% | Jan 5, 2007 | UNG vs DBE | |
| United States Gasoline Fund LP | -15.53% | Feb 26, 2008 | UNG vs UGA | |
| United States 12 Month Oil Fund LP | -17.26% | Dec 6, 2007 | UNG vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -17.35% | Sep 26, 2016 | UNG vs OILK | |
| Invesco DB Oil Fund | -18.19% | Jan 5, 2007 | UNG vs DBO |
Other ETFs from Concierge Technologies
Most popular Concierge Technologies ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| United States Copper Index Fund | Metals | 21 | -1.52% | Nov 15, 2011 | UNG vs CPER | |
| United States Commodity Index Fund | Commodities | 86 | 22.82% | Aug 10, 2010 | UNG vs USCI | |
| United States 12 Month Natural Gas Fund LP | Oil & Gas | 1 | -6.50% | Nov 18, 2009 | UNG vs UNL |
Often Compared With UNG
What investors most often compare with UNG, based on PortfoliosLab usage data.
Compare UNG with Any Fund or Stock
Compare UNG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.