{
 "ticker": "UNL",
 "name": "United States 12 Month Natural Gas Fund",
 "issuer": "USCF",
 "desk": "core",
 "url": "https://etfiq.com/funds/unl",
 "html": "https://etfiq.com/funds/unl",
 "markdown": "https://etfiq.com/funds/unl.md",
 "as_of": "2026-10-02",
 "verdict": "UNL holds energy futures and returned \u221230.3% over the past year.",
 "category": {
  "id": "commodities",
  "name": "Commodities",
  "label": "Commodity ETFs",
  "url": "https://etfiq.com/commodities/",
  "group": {
   "id": "commodities",
   "name": "Commodities"
  },
  "segment": {
   "id": "commodities-focused",
   "name": "Single commodity or commodity sector",
   "url": "https://etfiq.com/commodities/focused/"
  },
  "status": "classified",
  "as_of": "2026-10-03",
  "method": "https://etfiq.com/methodology/categories"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221230.3%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "UNL, total return, 1 year: \u221230.3%, as of Oct 2, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "UNL, expense ratio: 0.75%, as of Oct 2, 2026."
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221290.0%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "UNL, below its high: \u221290.0%, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$17m",
   "source": "10-Q balance sheet, as of Jun 30, 2026",
   "as_of": "2026-10-02",
   "sentence": "UNL, net assets: $17m (10-Q balance sheet, as of Jun 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "what_it_holds",
   "label": "What it holds",
   "value": "Energy futures",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Commodity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Commodities \u00b7 Single commodity or commodity sector",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "10-Q, Aug 7, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$5.64",
   "source": null
  },
  {
   "key": "listed_since",
   "label": "Listed since",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$17m",
   "source": "10-Q balance sheet, as of Jun 30, 2026"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221290.0%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u221211.1%",
   "S&P 500": "+3.6%",
   "Gap to S&P 500": "\u221214.7 pts",
   "Gap to Nasdaq-100": "\u221216.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u221216.8%",
   "S&P 500": "+17.9%",
   "Gap to S&P 500": "\u221234.7 pts",
   "Gap to Nasdaq-100": "\u221245.2 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221230.3%",
   "S&P 500": "+16.2%",
   "Gap to S&P 500": "\u221246.5 pts",
   "Gap to Nasdaq-100": "\u221254.6 pts"
  },
  {
   "window": "3 years",
   "Total return": "\u221248.3%",
   "S&P 500": "+89.3%",
   "Gap to S&P 500": "\u2212137.5 pts",
   "Gap to Nasdaq-100": "\u2212163.0 pts"
  },
  {
   "window": "Since listing",
   "Total return": "\u221290.0%",
   "S&P 500": "+813.0%",
   "Gap to S&P 500": "\u2212902.9 pts",
   "Gap to Nasdaq-100": "\u22121851.9 pts"
  }
 ],
 "questions": [
  {
   "q": "How has UNL performed?",
   "a": "Over the year to Oct 2, 2026, UNL returned \u221230.3% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is \u221248.3%."
  },
  {
   "q": "What does UNL cost?",
   "a": "The prospectus expense ratio is 0.75% a year."
  },
  {
   "q": "How far is UNL below its high?",
   "a": "90.0% below its high of Jan 6, 2010, measured on the reinvested series to Oct 2, 2026."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}