United States 12 Month Natural Gas Fund, LP (UNL)Commodities Focused | Exchange Traded Fund | NYSEArca
6.06 USD
+0.03
(0.519%)
⇧
(July 14, 2026, 3:53 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:59 a.m. EDT
The United States 12 Month Natural Gas Fund is currently a speculative vehicle with no income component, driven entirely by volatile commodity pricing. While the recent news highlights a sector attractive due to the AI and export era and geopolitical friction, the fund's structure as a rolling 12-month commodity contract means it suffers from inherent tracking error and decay relative to spot prices, making it unsuitable for long-term holding. The lack of any dividend history confirms this is a pure-play trade on price appreciation. In the short term, the options market is screaming 'upside,' with traders positioning for a rally to $8 or higher, yet the underlying price action remains trapped below its 50-day average, suggesting the recent gains may be fragile. Without a reliable yield to cushion drawdowns and facing the structural risks of a commodity ETF, the investment case remains weak. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.013526 |
| AutoETS | 0.013704 |
| AutoARIMA | 0.013853 |
| AutoTheta | 0.014053 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 0.47 |
| Ljung-Box p | 0.001 |
| Jarque-Bera p | 0.529 |
| Excess Kurtosis | 0.78 |
As of July 11, 2026, 3:59 a.m. EDT: Speculators are overwhelmingly bullish on the upside, evidenced by massive open interest in out-of-the-money calls (strikes 8.0 and 13.0) compared to virtually zero put activity. This indicates a strong bet on a significant price surge, likely driven by geopolitical tensions mentioned in the news, rather than a fear of downside risk.
| Attribute | Value |
|---|---|
| All Time High | 57.0 |
| All Time Low | 5.98 |
| Ask | 0.0 |
| Ask Size | 3,100 |
| Average Daily Volume10 Day | 55,580 |
| Average Daily Volume3 Month | 78,149 |
| Average Volume | 78,149 |
| Average Volume10Days | 55,580 |
| Beta3 Year | 1.01 |
| Bid | 0.0 |
| Bid Size | 3,100 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.07 |
| Day Low | 6.03 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.437 |
| Fifty Day Average Change | -0.3757 |
| Fifty Day Average Change Percent | -0.0583657 |
| Fifty Two Week Change Percent | -32.474804 |
| Fifty Two Week High | 9.11 |
| Fifty Two Week High Change | -3.0486999 |
| Fifty Two Week High Change Percent | -0.3346542 |
| Fifty Two Week Low | 5.98 |
| Fifty Two Week Low Change | 0.08129978 |
| Fifty Two Week Low Change Percent | 0.013595281 |
| Fifty Two Week Range | 5.98 - 9.11 |
| First Trade Date Milliseconds | 1,262,615,400,000 |
| Five Year Average Return | -0.0977943 |
| Full Exchange Name | NYSEArca |
| Fund Family | USCF Investments |
| Fund Inception Date | 1,258,502,400 |
| 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 Benchmark Futures Contracts are the futures contracts on natural gas as traded on the NYMEX that are the near month contract to expire, and the contracts for the following 11 months, for a total of 12 consecutive months’ contracts, except when the near month contract is within two weeks of expiration. |
| Long Name | United States 12 Month Natural Gas Fund, LP |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_35492633 |
| Nav Price | 6.049 |
| Net Assets | 17,336,230.0 |
| Net Expense Ratio | 1.65 |
| Open | 6.0557 |
| Previous Close | 6.03 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0312996 |
| Regular Market Change Percent | 0.519064 |
| Regular Market Day High | 6.07 |
| Regular Market Day Low | 6.03 |
| Regular Market Day Range | 6.03 - 6.07 |
| Regular Market Open | 6.0557 |
| Regular Market Previous Close | 6.03 |
| Regular Market Price | 6.0613 |
| Regular Market Time | 1,784,058,815 |
| Regular Market Volume | 28,537 |
| Short Name | United States 12 Month Natural |
| Source Interval | 15 |
| Symbol | UNL |
| Three Year Average Return | -0.1831287 |
| Total Assets | 17,336,230 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.94203 |
| Trailing Three Month Returns | -6.94203 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.20525 |
| Two Hundred Day Average Change | -1.14395 |
| Two Hundred Day Average Change Percent | -0.15876618 |
| Type Disp | ETF |
| Volume | 28,537 |
| Yield | 0.0 |
| Ytd Return | -12.49659 |