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Comparing Natural Gas ETFs’ Returns to Natural Gas Prices

Comparing Natural Gas ETFs’ Returns to Natural Gas Prices

On November 9–16, the United States Natural Gas ETF (UNG) rose 17.2%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 28%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL’s objective is to track twice the daily changes of the Bloomberg Natural Gas Subindex.