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

Key characteristics


UNLXELA
YTD Return-5.77%-13.99%
1Y Return-28.77%-6.17%
3Y Return (Ann)-1.81%-92.37%
5Y Return (Ann)-4.68%-84.94%
Sharpe Ratio-0.90-0.30
Daily Std Dev30.07%141.99%
Max Drawdown-87.43%-100.00%
Current Drawdown-85.82%-100.00%

Correlation

-0.50.00.51.00.0

The correlation between UNL and XELA 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. XELA - Performance Comparison

In the year-to-date period, UNL achieves a -5.77% return, which is significantly higher than XELA's -13.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-100.00%-80.00%-60.00%-40.00%-20.00%December2024FebruaryMarchAprilMay
-36.09%
-100.00%
UNL
XELA

Compare stocks, funds, or ETFs

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


United States 12 Month Natural Gas Fund LP

Exela Technologies, Inc.

Risk-Adjusted Performance

UNL vs. XELA - 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 Exela Technologies, Inc. (XELA). 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.


UNL
Sharpe ratio
The chart of Sharpe ratio for UNL, currently valued at -0.90, compared to the broader market0.002.004.00-0.90
Sortino ratio
The chart of Sortino ratio for UNL, currently valued at -1.26, compared to the broader market-2.000.002.004.006.008.0010.00-1.26
Omega ratio
The chart of Omega ratio for UNL, currently valued at 0.87, compared to the broader market0.501.001.502.002.500.87
Calmar ratio
The chart of Calmar ratio for UNL, currently valued at -0.36, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.36
Martin ratio
The chart of Martin ratio for UNL, currently valued at -1.23, compared to the broader market0.0020.0040.0060.0080.00-1.23
XELA
Sharpe ratio
The chart of Sharpe ratio for XELA, currently valued at -0.30, compared to the broader market0.002.004.00-0.30
Sortino ratio
The chart of Sortino ratio for XELA, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.38
Omega ratio
The chart of Omega ratio for XELA, currently valued at 1.05, compared to the broader market0.501.001.502.002.501.05
Calmar ratio
The chart of Calmar ratio for XELA, currently valued at -0.42, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.42
Martin ratio
The chart of Martin ratio for XELA, currently valued at -0.84, compared to the broader market0.0020.0040.0060.0080.00-0.84

UNL vs. XELA - Sharpe Ratio Comparison

The current UNL Sharpe Ratio is -0.90, which is lower than the XELA Sharpe Ratio of -0.30. The chart below compares the 12-month rolling Sharpe Ratio of UNL and XELA.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.50December2024FebruaryMarchAprilMay
-0.90
-0.30
UNL
XELA

Dividends

UNL vs. XELA - Dividend Comparison

Neither UNL nor XELA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UNL vs. XELA - Drawdown Comparison

The maximum UNL drawdown since its inception was -87.43%, smaller than the maximum XELA drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for UNL and XELA. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%December2024FebruaryMarchAprilMay
-71.51%
-100.00%
UNL
XELA

Volatility

UNL vs. XELA - Volatility Comparison

The current volatility for United States 12 Month Natural Gas Fund LP (UNL) is 6.59%, while Exela Technologies, Inc. (XELA) has a volatility of 34.21%. This indicates that UNL experiences smaller price fluctuations and is considered to be less risky than XELA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%December2024FebruaryMarchAprilMay
6.59%
34.21%
UNL
XELA