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Performance analysis of UNL (United States 12 Month Natural Gas Fund)

Annual Return

Over the past 3 years, UNL has had an average annual return of -14.70%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, UNL has had an average annual return of -5.77%, underperforming the benchmark SPY, which returned +13.88% annual.

Over the past 10 years, UNL has had an average annual return of -3.80%, underperforming the benchmark SPY, which returned +15.45% annual.

Since Jan 4, 2010, UNL has had an average annual return of -12.25%, underperforming the benchmark SPY, which returned +14.24% annual.

202620252024202320222021202020192018201720162015
-10.96%-9.69%-4.78%-50.20%+47.01%+54.48%-9.57%-18.76%+12.48%-21.47%+20.56%-29.77%
20142013201220112010
-24.73%+6.42%-18.37%-39.60%-37.73%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+17.73%-20.69%+0.16%-5.86%+1.38%-0.26%-10.96%
2025+1.10%+15.70%+7.23%-12.49%-3.01%+0.13%-7.61%-2.93%-0.29%+3.60%+1.67%-10.06%-9.69%
2024-1.51%-4.78%-3.84%+1.31%+3.94%+1.38%-10.40%-1.90%+8.51%-12.05%+10.37%+6.83%-4.78%
2023-21.25%-2.11%-12.81%-1.65%-7.00%+8.80%-1.80%+0.40%-4.25%+7.85%-18.33%-10.43%-50.20%
2022+28.46%-5.22%+25.93%+25.09%+10.72%-27.44%+34.11%+14.24%-20.32%-4.53%+7.98%-24.19%+47.01%
2021+4.89%+4.66%-5.26%+6.83%+0.93%+19.67%+6.89%+8.15%+23.28%-1.66%-7.44%-11.27%+54.48%
2020-8.63%-6.45%+6.89%+12.16%-9.08%-3.02%+2.30%+14.77%-3.47%+7.65%-10.26%-8.59%-9.57%
2019+4.13%+1.10%-3.46%-4.01%-3.96%-5.86%-1.60%-2.82%+1.42%+3.18%-7.70%-0.27%-18.76%
2018+4.77%-4.96%+0.86%-1.28%+4.50%+0.53%-4.17%+1.65%+1.15%+3.75%+17.23%-9.90%+12.48%
2017-7.64%-9.46%+8.50%+2.17%-5.54%-2.52%-3.49%+3.85%-0.22%-3.49%+0.58%-5.22%-21.47%

Drawdown analysis of UNL (United States 12 Month Natural Gas Fund)

The maximum drawdown for the UNL was -89.00%, occurring on May 26, 2026. This drawdown has not yet recovered.

The current UNL drawdown is -88.36%.

Since Jan 4, 2010 UNL has experienced the following drawdowns:

  • 50% or more: 1 time
  • 40% or more: 1 time
  • 30% or more: 1 time
  • 20% or more: 1 time
  • 10% or more: 1 time
DepthStartTo BottomBottomTo RecoverEndTotal
-89.00%Jan 6, 20104120May 26, 2026OngoingOngoingOngoing
-2.92%Jan 4, 20101Jan 5, 20101Jan 6, 20102