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UNL vs. UNG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UNL and UNG is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

UNL vs. UNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States 12 Month Natural Gas Fund LP (UNL) and United States Natural Gas Fund LP (UNG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UNL:

0.26

UNG:

-0.13

Sortino Ratio

UNL:

0.75

UNG:

0.38

Omega Ratio

UNL:

1.08

UNG:

1.04

Calmar Ratio

UNL:

0.14

UNG:

-0.03

Martin Ratio

UNL:

0.79

UNG:

-0.10

Ulcer Index

UNL:

15.78%

UNG:

26.76%

Daily Std Dev

UNL:

35.12%

UNG:

61.31%

Max Drawdown

UNL:

-88.01%

UNG:

-99.85%

Current Drawdown

UNL:

-84.05%

UNG:

-99.79%

Returns By Period

In the year-to-date period, UNL achieves a 11.35% return, which is significantly higher than UNG's -0.59% return. Over the past 10 years, UNL has outperformed UNG with an annualized return of -3.89%, while UNG has yielded a comparatively lower -23.24% annualized return.


UNL

YTD

11.35%

1M

3.97%

6M

27.77%

1Y

9.21%

5Y*

2.79%

10Y*

-3.89%

UNG

YTD

-0.59%

1M

-1.88%

6M

24.98%

1Y

-8.04%

5Y*

-18.07%

10Y*

-23.24%

*Annualized

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UNL vs. UNG - Expense Ratio Comparison

UNL has a 0.90% expense ratio, which is lower than UNG's 1.28% expense ratio.


Risk-Adjusted Performance

UNL vs. UNG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UNL
The Risk-Adjusted Performance Rank of UNL is 3333
Overall Rank
The Sharpe Ratio Rank of UNL is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of UNL is 4444
Sortino Ratio Rank
The Omega Ratio Rank of UNL is 3636
Omega Ratio Rank
The Calmar Ratio Rank of UNL is 2424
Calmar Ratio Rank
The Martin Ratio Rank of UNL is 3030
Martin Ratio Rank

UNG
The Risk-Adjusted Performance Rank of UNG is 1717
Overall Rank
The Sharpe Ratio Rank of UNG is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of UNG is 2424
Sortino Ratio Rank
The Omega Ratio Rank of UNG is 2121
Omega Ratio Rank
The Calmar Ratio Rank of UNG is 1414
Calmar Ratio Rank
The Martin Ratio Rank of UNG is 1414
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.

UNL vs. UNG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States 12 Month Natural Gas Fund LP (UNL) and United States Natural Gas Fund LP (UNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current UNL Sharpe Ratio is 0.26, which is higher than the UNG Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of UNL and UNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

UNL vs. UNG - Dividend Comparison

Neither UNL nor UNG has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UNL vs. UNG - Drawdown Comparison

The maximum UNL drawdown since its inception was -88.01%, smaller than the maximum UNG drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for UNL and UNG. For additional features, visit the drawdowns tool.


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Volatility

UNL vs. UNG - Volatility Comparison

The current volatility for United States 12 Month Natural Gas Fund LP (UNL) is 8.84%, while United States Natural Gas Fund LP (UNG) has a volatility of 15.43%. This indicates that UNL experiences smaller price fluctuations and is considered to be less risky than UNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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