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United States 12 Month Natural Gas Fund LP (UNL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US91288X1090

CUSIP

91288X109

Issuer

Concierge Technologies

Inception Date

Nov 18, 2009

Category

Oil & Gas

Leveraged

1x

Index Tracked

12 Month Natural Gas

Asset Class

Commodity

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
UNL vs. UNG UNL vs. FCG UNL vs. XELA UNL vs. BOIL UNL vs. KOLD UNL vs. DIG UNL vs. SPY UNL vs. BNO
Popular comparisons:
UNL vs. UNG UNL vs. FCG UNL vs. XELA UNL vs. BOIL UNL vs. KOLD UNL vs. DIG UNL vs. SPY UNL vs. BNO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in United States 12 Month Natural Gas Fund LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-13.79%
11.50%
UNL (United States 12 Month Natural Gas Fund LP)
Benchmark (^GSPC)

Returns By Period

United States 12 Month Natural Gas Fund LP had a return of -11.42% year-to-date (YTD) and -23.39% in the last 12 months. Over the past 10 years, United States 12 Month Natural Gas Fund LP had an annualized return of -8.17%, while the S&P 500 had an annualized return of 11.13%, indicating that United States 12 Month Natural Gas Fund LP did not perform as well as the benchmark.


UNL

YTD

-11.42%

1M

6.74%

6M

-13.83%

1Y

-23.39%

5Y (annualized)

-3.38%

10Y (annualized)

-8.17%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of UNL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.52%-4.73%-3.85%1.29%3.95%1.35%-10.41%-1.89%8.54%-12.06%-11.42%
2023-21.24%-2.14%-12.80%-1.64%-7.02%8.78%-1.78%0.40%-4.23%7.81%-18.33%-10.44%-50.20%
202228.47%-5.22%25.93%25.10%10.72%-27.44%34.11%14.24%-20.31%-4.54%7.98%-24.20%47.01%
20214.87%4.65%-5.28%6.84%0.95%19.62%6.88%8.18%23.28%-1.65%-7.43%-11.28%54.41%
2020-8.70%-6.40%6.97%12.13%-9.07%-3.07%2.37%14.69%-3.48%7.68%-10.27%-8.55%-9.54%
20194.11%1.07%-3.45%-4.00%-3.97%-5.84%-1.59%-2.84%1.44%3.15%-7.67%-0.29%-18.78%
20184.80%-4.98%0.86%-1.27%4.52%0.50%-4.14%1.65%1.15%3.77%17.18%-9.86%12.53%
2017-7.61%-9.44%8.49%2.17%-5.54%-2.54%-3.54%3.88%-0.21%-3.51%0.62%-5.27%-21.47%
2016-1.41%-16.68%10.99%8.48%-0.52%11.53%-0.85%-2.75%-1.17%1.28%3.51%9.97%20.55%
2015-7.01%1.23%-3.03%0.65%-3.15%3.99%-3.01%-3.81%-5.55%-8.79%-5.74%0.18%-29.78%
20147.19%2.64%-2.97%7.50%-5.60%-1.51%-10.57%4.05%-0.83%-5.86%1.47%-19.99%-24.74%
2013-0.17%1.39%9.80%7.15%-7.70%-8.92%-1.81%2.62%-2.79%-3.17%5.50%6.25%6.44%

Expense Ratio

UNL features an expense ratio of 0.90%, falling within the medium range.


Expense ratio chart for UNL: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UNL is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of UNL is 22
Combined Rank
The Sharpe Ratio Rank of UNL is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of UNL is 22
Sortino Ratio Rank
The Omega Ratio Rank of UNL is 22
Omega Ratio Rank
The Calmar Ratio Rank of UNL is 33
Calmar Ratio Rank
The Martin Ratio Rank of UNL is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for United States 12 Month Natural Gas Fund LP (UNL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for UNL, currently valued at -0.77, compared to the broader market0.002.004.00-0.772.46
The chart of Sortino ratio for UNL, currently valued at -1.01, compared to the broader market-2.000.002.004.006.008.0010.0012.00-1.013.31
The chart of Omega ratio for UNL, currently valued at 0.89, compared to the broader market0.501.001.502.002.503.000.891.46
The chart of Calmar ratio for UNL, currently valued at -0.28, compared to the broader market0.005.0010.0015.00-0.283.55
The chart of Martin ratio for UNL, currently valued at -1.15, compared to the broader market0.0020.0040.0060.0080.00100.00-1.1515.76
UNL
^GSPC

The current United States 12 Month Natural Gas Fund LP Sharpe ratio is -0.77. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of United States 12 Month Natural Gas Fund LP with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.77
2.46
UNL (United States 12 Month Natural Gas Fund LP)
Benchmark (^GSPC)

Dividends

Dividend History


United States 12 Month Natural Gas Fund LP doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-86.67%
-1.40%
UNL (United States 12 Month Natural Gas Fund LP)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the United States 12 Month Natural Gas Fund LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the United States 12 Month Natural Gas Fund LP was 88.01%, occurring on Nov 1, 2024. The portfolio has not yet recovered.

The current United States 12 Month Natural Gas Fund LP drawdown is 86.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-88.01%Dec 29, 20093703Nov 1, 2024
-12.47%Nov 30, 20094Dec 3, 20095Dec 10, 20099
-2%Dec 21, 20091Dec 21, 20092Dec 23, 20093
-1.98%Dec 11, 20091Dec 11, 20091Dec 14, 20092
-1.92%Dec 24, 20091Dec 24, 20091Dec 28, 20092

Volatility

Volatility Chart

The current United States 12 Month Natural Gas Fund LP volatility is 11.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
11.22%
4.07%
UNL (United States 12 Month Natural Gas Fund LP)
Benchmark (^GSPC)