United States Natural Gas Fund (UNG) Equity Ratio (2012 - 2026)

United States Natural Gas Fund (UNG) reported Equity Ratio of 0.98 for Q1 2026, up 3.73% year-on-year from 0.94 in Q1 2025, and up 2.94% quarter-over-quarter from 0.95 in Q4 2025.

United States Natural Gas Fund (UNG) has 15 years of Equity Ratio data on file, last reported at 0.98 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 3.73% year-over-year to 0.98; the trailing twelve-month figure through Mar 2026 stood at 0.98 (up 3.73% YoY), and the FY2025 full-year result was 0.95, up 0.92% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.98, up from 0.95 in the prior quarter.
  • Across five years, Equity Ratio topped out at 1.0 in Q3 2023 and bottomed 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.
  • Across the five-year window, Equity Ratio retreated 6.38% in 2022 and increased 3.8% in 2023, its largest moves.
  • Tracing UNG's Equity Ratio over 5 years: stood at 1.0 in 2022, then decreased by 1.1% to 0.99 in 2023, then decreased by 4.5% to 0.94 in 2024, then gained by 0.92% to 0.95 in 2025, then climbed by 2.94% to 0.98 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.98, 0.95, and 0.96 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Historic Data

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DateValue
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
Mar 31, 2021 1.00
Dec 31, 2020 0.97
Sep 30, 2020 0.97
Jun 30, 2020 0.92
Mar 31, 2020 1.00
Dec 31, 2019 1.00
Jun 30, 2019 1.00
Mar 31, 2019 1.00
Dec 31, 2018 0.85
Sep 30, 2018 0.95
Jun 30, 2018 1.00
Mar 31, 2018 0.95
Dec 31, 2017 0.92
Sep 30, 2017 1.00
Jun 30, 2017 1.00
Mar 31, 2017 0.91
Dec 31, 2016 0.88
Sep 30, 2016 1.00
Jun 30, 2016 0.97
Mar 31, 2016 1.00
Dec 31, 2015 0.89
Sep 30, 2015 1.00
Jun 30, 2015 0.93
Mar 31, 2015 1.00
Dec 31, 2014 1.00
Sep 30, 2014 0.96
Jun 30, 2014 1.00
Mar 31, 2014 0.96
Dec 31, 2013 0.98
Sep 30, 2013 1.00
Jun 30, 2013 0.96
Dec 31, 2012 0.95