United States 12 Month Natural Gas Fund LP (UNL) 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 UNL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UNL
UNL charges 0.90% annually. There are 7 ETFs in the Oil & Gas category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | 200.43M | Sep 2016 | UNL vs OILK | |
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | UNL vs UGA | |
| Invesco DB Energy Fund | 0.78% | 85.45M | Jan 2007 | UNL vs DBE | |
| Invesco DB Oil Fund | 0.78% | 215.47M | Jan 2007 | UNL vs DBO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 250.20M | Apr 2017 | UNL vs USOI |
Best Risk-Adjusted Alternatives to UNL
UNL has a PortfoliosLab risk / return rank of 2. There are 13 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 78 | 118.98M | Feb 2008 | UNL vs UGA | |
| Invesco DB Energy Fund | 53 | 85.45M | Jan 2007 | UNL vs DBE | |
| Invesco DB Oil Fund | 43 | 215.47M | Jan 2007 | UNL vs DBO | |
| United States Oil Fund LP | 41 | 1.92B | Apr 2006 | UNL vs USO | |
| United States Brent Oil Fund LP | 39 | 883.37M | Jun 2010 | UNL vs BNO |
Top Performing UNL Alternatives (YTD)
UNL is at -18.29% YTD. There are 10 ETFs in the Oil & Gas category with higher YTD returns, going as high as 100.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 100.52% | 361.56M | Nov 2008 | UNL vs UCO | |
| United States Gasoline Fund LP | 81.31% | 118.98M | Feb 2008 | UNL vs UGA | |
| United States Oil Fund LP | 70.32% | 1.92B | Apr 2006 | UNL vs USO | |
| Invesco DB Energy Fund | 66.08% | 85.45M | Jan 2007 | UNL vs DBE | |
| United States Brent Oil Fund LP | 62.43% | 883.37M | Jun 2010 | UNL vs BNO |
Lowest Volatility Alternatives to UNL
UNL has 35.19% 1-year volatility. There are 3 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 24.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 24.99% | 250.20M | Apr 2017 | UNL vs USOI | |
| United States 12 Month Oil Fund LP | 29.27% | 39.62M | Dec 2007 | UNL vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | 29.40% | 200.43M | Sep 2016 | UNL vs OILK | |
| United States Gasoline Fund LP | 35.78% | 118.98M | Feb 2008 | UNL vs UGA | |
| Invesco DB Energy Fund | 36.03% | 85.45M | Jan 2007 | UNL vs DBE |
Lowest Drawdown Alternatives to UNL
UNL has a 1-year max drawdown of -32.78%. There are 7 ETFs in the Oil & Gas category with shallower 1-year drawdowns, going as shallow as -20.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | -20.32% | 118.98M | Feb 2008 | UNL vs UGA | |
| United States 12 Month Oil Fund LP | -20.91% | 39.62M | Dec 2007 | UNL vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -21.19% | 200.43M | Sep 2016 | UNL vs OILK | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -23.54% | 250.20M | Apr 2017 | UNL vs USOI | |
| Invesco DB Energy Fund | -24.72% | 85.45M | Jan 2007 | UNL vs DBE |
Often Compared With UNL
Investors most often compare UNL with UNG, BOIL, FCG. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare UNL with Any Fund or Stock
Compare UNL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UNL with funds that move differently
United States 12 Month Natural Gas Fund LP alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UNL.
Explore UNL Diversifiers