United States Natural Gas Fund, LP (UNG)Commodities Focused | Exchange Traded Fund | NYSEArca
10.95 USD
+0.10
(0.922%)
⇧
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 19, 2026, 12:31 a.m. EDT
With the 5-Year NAV dropping 27.6%, depleted underlying commodity, and 14-day close sitting down 8% from the high last week ($11.68 -> $10.78), UNG is showing the classic signs of a commodity ETF hitting a cap cycle. The animal spirits are out, but the fundamental fundamentals are in—together, this suggests a grind lower over the multi-year horizon. The current setup feels like a 'value trap' waiting for a reversal. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.053770 |
| AutoETS | 0.060720 |
| AutoARIMA | 0.060726 |
| MSTL | 0.062341 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 0.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.012 |
| Excess Kurtosis | 0.54 |
| Attribute | Value |
|---|---|
| Market Cap | 132,326,368 |
As of April 19, 2026, 12:31 a.m. EDT: Options activity indicates a defensive, non-directional positioning with heavy implied volatity (IV) at both extremes (deep OTM puts at 5.0/6.0 and deep OTM calls at 17.5/20.00). The ATM IV is elevated (40-55%) compared to deep OTM strikes, creating a 'strangle-like' environment where market participants expect volatility but lack a specific price bias. Call volume is present but muted relative to the massive open interest concentration around the $11.00-$13.00 range (supports/walls), while put open interest is significantly lower (0.32-0.56% vs call 0.79-0.93%). This spec positioning suggests traders are buying protection for a downside move to test levels but are less aggressive on call-side speculation, consistent with the model's negative directional forecast.
| Attribute | Value |
|---|---|
| All Time High | 8,177.92 |
| All Time Low | 9.95 |
| Ask | 0.0 |
| Ask Size | 37,100 |
| Average Daily Volume10 Day | 7,374,070 |
| Average Daily Volume3 Month | 13,661,600 |
| Average Volume | 13,661,600 |
| Average Volume10Days | 7,374,070 |
| Beta3 Year | 2.41 |
| Bid | 0.0 |
| Bid Size | 9,100 |
| Book Value | 12.197 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.99 |
| Day Low | 10.79 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | -1.208 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.7862 |
| Fifty Day Average Change | -0.83619976 |
| Fifty Day Average Change Percent | -0.070947364 |
| Fifty Two Week Change Percent | -30.387794 |
| Fifty Two Week High | 19.11 |
| Fifty Two Week High Change | -8.160001 |
| Fifty Two Week High Change Percent | -0.4270016 |
| Fifty Two Week Low | 9.95 |
| Fifty Two Week Low Change | 1.0 |
| Fifty Two Week Low Change Percent | 0.10050251 |
| Fifty Two Week Range | 9.95 - 19.11 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,903,000,000 |
| Five Year Average Return | -0.23028989 |
| Full Exchange Name | NYSEArca |
| Fund Family | USCF Investments |
| Fund Inception Date | 1,176,854,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. (together, “ICE Futures”) or other U.S. and foreign exchanges. The Benchmark Futures Contract is the futures contract on natural gas as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration. |
| Long Name | United States Natural Gas Fund, LP |
| Market | us_market |
| Market Cap | 132,326,368 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_33939205 |
| Nav Price | 10.87 |
| Net Assets | 450,859,744.0 |
| Net Expense Ratio | 1.24 |
| Open | 10.84 |
| Pre Market Change | 0.07999992 |
| Pre Market Change Percent | 0.7305929 |
| Pre Market Price | 11.03 |
| Pre Market Time | 1,776,847,952 |
| Previous Close | 10.85 |
| Price Hint | 2 |
| Price To Book | 0.89776176 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0999994 |
| Regular Market Change Percent | 0.921654 |
| Regular Market Day High | 10.99 |
| Regular Market Day Low | 10.79 |
| Regular Market Day Range | 10.79 - 10.99 |
| Regular Market Open | 10.84 |
| Regular Market Previous Close | 10.85 |
| Regular Market Price | 10.95 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 4,741,161 |
| Shares Outstanding | 12,084,600 |
| Short Name | United States Natural Gas Fund |
| Source Interval | 15 |
| Symbol | UNG |
| Three Year Average Return | -0.2716432 |
| Total Assets | 450,859,744 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.09937 |
| Trailing Three Month Returns | -4.09937 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.8971 |
| Two Hundred Day Average Change | -1.9471006 |
| Two Hundred Day Average Change Percent | -0.15097196 |
| Type Disp | ETF |
| Volume | 4,741,161 |
| Yield | 0.0 |
| Ytd Return | -4.09937 |