United States Natural Gas Fund (UNG) Equity Ratio (2012 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Equity Ratio of 0.98 in Q1 2026, up 2.94% on a QoQ basis from 0.95 in Q4 2025, and up 3.73% year-over-year from 0.94 in Q1 2025.
United States Natural Gas Fund (UNG) Equity Ratio (2012 - 2026) Analysis & Trends
United States Natural Gas Fund has disclosed Equity Ratio across 15 years of filings, most recently posting 0.98 for Q1 2026.
- Quarterly Equity Ratio rose 3.73% year-over-year to 0.98 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.98 (up 3.73% YoY) and the FY2025 annual result came in at 0.95, up 0.92% from the prior year.
- Equity Ratio advanced to 0.98 in Q1 2026, from 0.95 in the prior quarter.
- Over five years, Equity Ratio peaked at 1.0 in Q3 2023 and troughed at 0.93 in Q1 2022.
- A 5-year average of 0.97 and a median of 0.98 in 2026 frame the typical range for Equity Ratio.
- Annual changes were most pronounced in 2022 — Equity Ratio retreated 6.38% — and 2023, when it increased 3.8%.
- Tracing UNG's Equity Ratio over 5 years: stood at 1.0 in 2022, then retreated by 1.1% to 0.99 in 2023, then retreated by 4.5% to 0.94 in 2024, then rose by 0.92% to 0.95 in 2025, then advanced by 2.94% to 0.98 in 2026.
- Business Quant data shows UNG's Equity Ratio at 0.98 in Q1 2026, 0.95 in Q4 2025, and 0.96 in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.98 |
| Dec 31, 2025 | 0.95 |
| Sep 30, 2025 | 0.96 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 0.94 |
| Dec 31, 2024 | 0.94 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | 1.00 |
| Mar 31, 2024 | 0.99 |
| Dec 31, 2023 | 0.99 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.97 |
| Dec 31, 2022 | 1.00 |
| Sep 30, 2022 | 1.00 |
| Jun 30, 2022 | 0.99 |
| Mar 31, 2022 | 0.93 |
| Dec 31, 2021 | 0.99 |
| Sep 30, 2021 | 1.00 |
| Jun 30, 2021 | 0.95 |