TradeTrade
Jump to any asset 844 assets, updated daily

ETF·NYSE

United States Natural Gas Fund, LP (UNG)

$10.66 -0.4300 (-3.88%)
At close: Oct 16, 4:00 PM EDT
Sell
39 / 100
CleaRank AI scorei
Net assets
$458.43M
Expense ratio
1.17%
Yield
0.00%
52-week range
$9.55 $17.03
01

The short version

Where UNG stands today, in four lines, and what CleaRank Financial AI makes of it.

UNG at a glance

United States Natural Gas Fund, LP (UNG): Sell, 39/100 on CleaRank's AI score.

  • Trend Mixed: the price is above its 50-day but below its 200-day moving average ($10.47 and $11.28).
  • Fund Expense ratio 1.17%, $458.4M in net assets, -19.8% total return over 1 year.

Figures as of October 17, 2026.

CleaRank Financial AI

CleaRank rates United States Natural Gas Fund, LP (UNG) Sell, with a model score of 39/100.

Momentum is the factor that lifts the score the most, because the MACD line is positive. The trend is the factor that holds it back the most: the price is 5.48% below its 200-day average, and the 50-day average is 7.15% below the 200-day. The 50-day average stands at $10.47 and the 200-day at $11.28. Across the past year the price declined 7.94%.

Only on CleaRank

Figures we compute ourselves from UNG's own price history. Tap one to see it in context.

02

Price and trading

The chart, today's range and how far the price has moved over each period.

2.0

Trend checks

1/4
  • Price above its 50-day average ›
    The price of $10.66 is 1.8% above the 50-day simple moving average of $10.47.
  • Price above its 200-day average ›
    The price is 5.5% below the 200-day simple moving average of $11.28.
  • 50-day average above the 200-day ›
    The 50-day average ($10.47) is 7.1% below the 200-day average ($11.28), the arrangement of a falling longer-term trend.
  • In the upper half of its 52-week range ›
    The price sits at 15% of its 52-week range, between $9.55 and $17.03.

UNG share price

Pick a period: each tab shows how far UNG has moved over it, to the last close.

Nov '25Jan '26Mar '26Jun '26Aug '26Oct '26
Start $11.58 Oct 16, 2025
Latest close $10.66 Oct 16, 2026
High $16.90 Jan 30, 2026
Low $9.63 Aug 6, 2026

Today's trading

Where UNG sits inside today's range and its 52-week range.

Day range 2.18% wide
$10.66
$10.53 $10.76
52-week range 15% of the way up
$10.66
$9.55 $17.03
Open
$10.60
Previous close
$11.09
Volume
21.97M
28% below average
03

Fund facts and valuation

What the fund holds, what it costs and how it is valued.

3.0

Fund checks

0/3
  • Expense ratio at or below 0.20% ›
    The fund charges 1.17% a year, $117.00 on a $10,000 holding.
  • Over $1B in net assets ›
    Net assets total $458.4M.
  • Positive return over one year ›
    The fund family reports a one-year total return of -19.76%.

UNG Fund Facts

United States Natural Gas Fund, LP is a commodity-focused exchange-traded fund designed to provide direct market exposure to natural gas through futures contracts rather than physical holdings. The fund primarily uses near-month natural gas futures tied to Henry Hub pricing, with positions rolled as contracts approach expiration to maintain continuous exposure. It is used by market participants seeking a liquid, exchange-traded way to track short-term movements in natural gas prices within a brokerage account.

Issuer
USCF Investments
Category
Commodities Focused
Inception
Apr 18, 2007
Expense ratio
1.17%
Net assets
$458.43M
Distribution yield
0.00%
YTD return
-14.67%
Turnover
0.00%

Trailing total returns

Period UNG
YTD -14.67%
1 month -1.30%
3 months -11.68%
1 year -19.76%
3 years -27.44%
5 years -33.69%
10 years -22.50%

As of Oct 17, 2026, UNG has an expense ratio of 1.17%, $458.43M in net assets and a distribution yield of 0.00%.

Fund reference data as of Oct 17, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

Key statistics

The headline figures for UNG.

Net Assets
458.43M
Expense Ratio
0.01%
Yield
0.00%
Day High
$10.76
Day Low
$10.53
52 Week High
17.03
52 Week Low
9.55

What the numbers say

CleaRank Financial AI's reading of UNG's holdings, performance and risks.

The fund

UNG is a Commodities Focused fund run by USCF Investments. It launched on April 18, 2007.

Owning UNG carries a yearly cost of 1.17%, which works out to $117.00 on each $10,000 put in. The fund's net assets come to $458.4M, and its portfolio turnover is 0%.

Key risks

UNG's average daily move is 2.70%. Measured from its 52-week high of $17.03, the price is 37.40% below that peak. Over the last year the fund recorded a loss of 7.94%.

04

AI analysis and technicals

CleaRank's score and reasoning, the indicators behind it, and what the price moves with.

4.0

Momentum checks

2/3
  • RSI not overbought or oversold ›
    The 14-day RSI is 48.7, in neutral territory.
  • RSI above 50 ›
    An RSI of 48.7 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.
  • MACD line above zero ›
    The MACD line is positive, so the 12-day average is above the 26-day average.

CleaRank AI analysis of UNG

The score, the reasoning behind it, and what could move the price next.

AI analyst consensus
39/100
Sell
What the AI sees

UNG shows a mixed trend: the price is 1.80% above its 50-day average of $10.47, yet it sits 5.48% below its 200-day average of $11.28. At $10.66, the fund is near the floor of its 52-week range, 11.62% above the low of $9.55 and 37.40% below the high of $17.03. The 50-day average is 7.15% below the 200-day, a gap that tells you the recent recovery has not yet climbed to the longer-run averages.

UNG has gained over shorter spans but its longer record is weaker. The price rose 2.90% over the past month and 1.43% over the past three months, yet it fell 7.94% over the past year. On the last session, which saw the price drop 3.88%, volume came in 27.6% below its average. The 14-day RSI sits at 48.7, in the neutral zone, and the MACD line is positive.

ProTips
  1. The two nearest levels deserve attention: the 20-day EMA, at $10.80, sits above the price, while the 50-day SMA, at $10.47, sits below it.
  2. A 14-day RSI of 48.7 falls in the neutral zone, and the MACD line is positive. Readings above 70 or below 30 would signal stretched momentum.
  3. Costs compound: at 1.17% a year, UNG charges $117.00 on every $10,000 invested.
Market outlook

The trend is mixed: UNG is above its 50-day average at $10.47 but below its 200-day average at $11.28. A close above the 200-day would turn both signals up, and a close below the 50-day would turn both down. The nearest levels are the 50-day SMA at $10.47 below and the 20-day EMA at $10.80 above.

Technical indicators

Momentum and trend for UNG, from its daily closes.

Technical rating Neutral 2 of 4 signals bullish
  • RSI Neutral
  • SMA cross Bearish
  • Price vs SMA Bullish
  • MACD Bullish
Momentum Neutral
48.714-day RSI
Oversold <30 Neutral Overbought >70
MACD (12, 26) 0.147 Bullish
Trend Death cross
+1.8%price against the 50-day average
200-day $11.28 50-day $10.47 Price $10.66
Price against the 200-day -5.5% Bullish

As of October 17, 2026, with UNG at $10.66, its 14-day RSI is 48.7 (neutral territory), its 50-day simple moving average is $10.47 and its 200-day is $11.28.

Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).

What UNG moves with

Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.

-1 0 +1
S&P 500 (SPY) -0.02 Weak
Nasdaq 100 (QQQ) -0.02 Weak
Bitcoin (BTC) -0.05 Weak
Gold (XAU) +0.10 Weak

As of October 17, 2026, UNG's 1-year correlation of daily returns is -0.02 with S&P 500 (SPY), -0.02 with Nasdaq 100 (QQQ), -0.05 with Bitcoin (BTC) and +0.10 with gold (XAU).

Check any other asset
Try
05

A trade plan, if you want one

Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.

UNG trade plan

Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.

Your bias
Risk per trade 2%
Conservative Aggressive
Portfolio value
$
Position size: Enter portfolio size →

Short entry pick an entry style

Conservative
$10.87
2% above current price
Lower risk, wait for rally
Aggressive
$10.66
Short at current price
Higher risk, chasing the move

Risk management

Stop loss
$11.31
Max loss
-4.1%
Volatility-adjusted stop Set from the RSI (48.7) and recent volatility.

Profit targets (Based on Conservative Entry)

Target 1
$10.33
-5% (Conservative) -3.1% (Aggressive)
Target 2
$9.786
-10% (Conservative) -8.2% (Aggressive)
Target 3
$9.242
-15% (Conservative) -13.3% (Aggressive)

These levels come from UNG's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.

Risk profile

How much UNG tends to move, against the market and on its own.

Daily volatility
2.70%
30-day standard deviation
52-week range
$10.66
$9.55 15% of the way up $17.03

Compare UNG

Put UNG side by side with other etfs and benchmarks.

06

The long record

UNG's worst falls and recoveries, what $10,000 became, and which months have been kind to it.

6.0

Track record checks

0/4
  • Average daily move under 2% ›
    The price has moved 2.70% on an average day (30-day standard deviation of daily returns).
  • Recovered from its worst fall ›
    The worst fall was 93.7%, from December 2016 to August 2026; the price is still 93.1% below that peak.
  • Most 1-year holds ended higher ›
    28% of 1-year holding periods in the last 10 years ended with a gain.
  • Beat the S&P 500 since the chart begins ›
    $10,000 invested in October 2016 is now worth $712.57, against $42,055 in the S&P 500 (SPY).

UNG Drawdowns & Recovery

Worst fall, last 10 years
-93.7%
December 2016 to August 2026
Recovery
Not yet
still 93.1% below the December 2016 peak
From the 10-year high
-93.1%
highest close, December 2016
1-year holds that gained
28%
of every 1-year window

As of October 17, 2026, UNG's worst peak-to-trough fall over the last 10 years with dividends reinvested was -93.7% (December 2016 to August 2026); it is still 93.1% below that peak, and 28% of 1-year holding periods ended with a gain.

From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.

Growth of $10,000

What $10,000 put into UNG in October 2016 is worth now, against the same amount in the S&P 500.

UNG today
$712.57
from $10,000 in October 2016, dividends reinvested
S&P 500 today
$42,055
the same $10,000 in SPY
Behind the index by
$41,342
0.0x the index result
Total change
-93%
0.1x the starting amount
20182020202220242026
UNG S&P 500 (SPY)

Against the market: UNG trailed the S&P 500 over this period: $712.57 against $42,055.

A $10,000 investment in UNG in October 2016 would be worth about $713 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).

Seasonal patterns

Which calendar months have been kind to UNG, and which have not.

Jan6/10 upFeb2/10 upMar3/10 upApr4/10 upMay4/10 upJun4/10 upJul3/10 upAug6/10 upSep5/10 upOct3/9 upNov5/10 upDec2/10 up

Strongest month, August: an average of +4.08%, up in 6 of 10 years.

Weakest month, December: an average of -11.13%, up in 2 of 10 years.

This month, October: has averaged -3.55%, up in 3 of 9 years. Past seasonality does not repeat on schedule.

Over the last 10 years, UNG's strongest calendar month has been August (average +4.08%, up in 6 of 10 years) and its weakest December (average -11.13%, up in 2 of 10 years).

Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.

07

Long-term scenarios

Thousands of simulated paths from the price history. A range of outcomes, not a forecast.

Monte Carlo projection

Thousands of simulated paths for $10,000 in UNG, from its own past volatility. The shaded area holds 80% of them.

Downside, 2036
$538
10th percentile
Base case, 2036
$4,080
median path
Upside, 2036
$30,953
90th percentile
202620282030203220342036
Upside (90th) Base case (median) Downside (10th) 10th to 90th percentile

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in UNG today could grow to about $4,080 by 2036 in the base case, with a 90th-percentile outcome near $30,953 and a 10th-percentile outcome around $538. Projections are statistical simulations, not guarantees.

UNG 2030 Scenarios (Monte Carlo)

The same simulation in share prices, year by year.

Price today
$10.66
Base case, 2030
$7.45
0.7x over 4 years
Range, 2030
$2.07 to $26.83
10th to 90th percentile

CleaRank's simulation projects a price near $7.45 for UNG by 2030 in the base case, from $10.66 today (0.7x over 4 years). The 10th-percentile path ends near $2.07. These are outcomes of a Monte Carlo simulation run on UNG's historical return distribution, not price targets, and they assume no dividends are reinvested.

UNG simulated price paths by year
Year 10th percentile Base case 90th percentile range base today
2027 $5.13 $9.75 $18.50
2028 $3.60 $8.91 $22.05
2029 $2.68 $8.15 $24.72
2030 $2.07 $7.45 $26.83
2031 $1.62 $6.81 $28.53

Method: a lognormal simulation of UNG's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.

08

Questions people ask

Answered from the figures on this page, as of October 17, 2026.

Frequently Asked Questions

Is United States Natural Gas Fund, LP (UNG) a buy right now?
A score of 39/100 gives UNG its Sell rating. Momentum carries the score: the MACD line is positive. The trend holds the score back, because the price is 5.48% below its 200-day average, and the 50-day average is 7.15% below the 200-day. This describes the data on this page and is not a personal recommendation.
How has United States Natural Gas Fund, LP (UNG) performed over the past year?
The price fell 7.94% over the past year. Over shorter spans it has gained: 1.43% over three months and 2.90% over the past month. The price now sits 37.40% under its 52-week high of $17.03.
What does UNG cost to own?
The annual expense ratio for UNG is 1.17%, or $117.00 a year on a $10,000 holding. That fee comes out of the fund's assets instead of being billed to the investor on its own.
What are the key price levels for UNG?
Looking up from the current price, the first levels are the 20-day EMA at $10.80 and then the 200-day SMA at $11.28. Looking down, the 50-day SMA at $10.47 comes first, followed by the 52-week low at $9.55.
How volatile is UNG?
On an average day UNG's price moves 2.70%. That figure is the 30-day standard deviation of daily returns.
What is the 52-week range of UNG?
Over the past 52 weeks, UNG has moved between $9.55 and $17.03. At $10.66, the price is at 15% of that span. It stands 11.62% above the low and 37.40% below the high.
Is UNG in an uptrend?
Not clearly. United States Natural Gas Fund, LP (UNG) trades at $10.66, above its 50-day but below its 200-day moving average ($10.47 and $11.28). Its 14-day RSI on daily closes is 48.7, in neutral territory.
What is UNG's biggest drop in the last 10 years?
United States Natural Gas Fund, LP (UNG)'s worst peak-to-trough fall over the last 10 years was -93.7%, from December 2016 to August 2026 (with dividends reinvested). It has not regained that peak yet and is still 93.1% below it. Over the same period, 28% of 1-year holding periods ended with a gain.
What are UNG's best and worst months?
Over the last 10 years, August has been UNG's strongest month on average (+4.08%, rising in 6 of 10 years) and December its weakest (-11.13%, rising in 2 of 10 years). Seasonal averages describe the past and do not predict a given year.
How closely does UNG move with the stock market?
Over the past year UNG's daily returns were weakly inversely correlated with the S&P 500 (SPY) (-0.02). Nasdaq 100 (QQQ): -0.02; Bitcoin (BTC): -0.05; Gold (XAU): +0.10. A figure near +1 means the two usually move together; near 0 means little relationship.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for UNG are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on October 17, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

Advertiser Disclosure:

At CleaRank, clarity and transparency are more than ideals, they are the core of our operations. CleaRank is a paid SaaS platform: the Pro and Ultra workbench plans are paid subscriptions, while everything else on this site, including our trading calculators, tools and market news, is free to use. In the spirit of full disclosure: some of our free editorial content contains partner links, and we may earn affiliate commissions from them. This never affects what you pay. Please keep in mind that your confidence in our platform is what matters to us most and we are devoted to earning your trust every day through consistent transparency. CleaRank's Editorial team works independently from partner relationships and financial incentives. All material and information made available by CleaRank stem from our unique technology and methodology which are created to prioritize your needs as a trader and deliver actionable insights to help you make clearer decisions.