The United States Natural Gas Fund is among the most heavily-traded ETFs in the world. Tracking front-month NG futures, UNG has solidified its place as a trader’s delight, featuring hefty volatility and strong liquidity. As natural gas remains one of the most unpredictable and turbulent commodities, so too does UNG, as the ETF has become well-known for its hefty daily movements [for more ETF news and analysis check out our Daily ETF Roundup]. Since its debut in early 2007, UNG has traded more than 1,700 sessions. The chart below takes the fund’s daily movement and distributes them over select ranges of performance. Each column represents the number of sessions UNG fell within that specific range: As the chart above displays, UNG tends to lose ground a bit more often than it claims. Some may be surprised to see that the fund has moved by an absolute value of 3% to [...] Click here to read the original article on ETFdb.com. Related Posts: Buy On The Dip Prospects: April 14th Edition ETFs with 5-Year Losing Streaks Buy On The Dip Prospects February 10th Edition Best & Worst Weekly Performers January 25th Edition The Best & Worst Commodity ETFs of 2013
The United States Natural Gas Fund is among the most heavily-traded ETFs in the world. Tracking front-month NG futures, UNG has solidified its place as a trader’s delight, featuring hefty volatility and strong liquidity. As natural gas remains one of the most unpredictable and turbulent commodities, so too does UNG, as the ETF has become well-known for its hefty daily movements [for more ETF news and analysis check out our Daily ETF Roundup]. Since its debut in early 2007, UNG has traded more than 1,700 sessions. The chart below takes the fund’s daily movement and distributes them over select ranges of performance. Each column represents the number of sessions UNG fell within that specific range: As the chart above displays, UNG tends to lose ground a bit more often than it claims. Some may be surprised to see that the fund has moved by an absolute value of 3% to [...]
Click here to read the original article on ETFdb.com.
Related Posts:
