# UNL (United States 12 Month Natural Gas Fund)

USCF · Commodity ETFs · Single commodity or commodity sector · data as of Oct 2, 2026

UNL holds energy futures and returned −30.3% over the past year.

## Key facts

- UNL, total return, 1 year: −30.3%, as of Oct 2, 2026.
- UNL, expense ratio: 0.75%, as of Oct 2, 2026.
- UNL, below its high: −90.0%, as of Oct 2, 2026.
- UNL, net assets: $17m (10-Q balance sheet, as of Jun 30, 2026).

## UNL over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −11.1% | +3.6% | −14.7 pts | −16.4 pts |
| 6 months | −16.8% | +17.9% | −34.7 pts | −45.2 pts |
| 1 year | −30.3% | +16.2% | −46.5 pts | −54.6 pts |
| 3 years | −48.3% | +89.3% | −137.5 pts | −163.0 pts |
| Since listing | −90.0% | +813.0% | −902.9 pts | −1851.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it holds | Energy futures | ETFIQ |
| Fund type | Commodity fund | ETFIQ |
| Category | Commodities · Single commodity or commodity sector | ETFIQ |
| Expense ratio | 0.75% | 10-Q, Aug 7, 2026 |
| Price | $5.64 | ETFIQ |
| Listed since | Jan 4, 2010 | ETFIQ |
| Net assets | $17m | 10-Q balance sheet, as of Jun 30, 2026 |
| Below its high | −90.0% | ETFIQ |

## Questions

### How has UNL performed?

Over the year to Oct 2, 2026, UNL returned −30.3% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is −48.3%.

### What does UNL cost?

The prospectus expense ratio is 0.75% a year.

### How far is UNL below its high?

90.0% below its high of Jan 6, 2010, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, UNL, data as of Oct 2, 2026. https://etfiq.com/funds/unl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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