United States Natural Gas Fund (UNG) Market Capitalization (2009 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Market Capitalization of $557.2 million in Q2 2026, up 15.52% on a QoQ basis from $482.4 million in Q1 2026, and up 67.0% YoY from $333.7 million in Q2 2025.
Analysis
United States Natural Gas Fund (UNG) Market Capitalization (2009 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Market Capitalization for 18 consecutive years, with $557.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Market Capitalization rose 67.0% year-over-year to $557.2 million; the trailing twelve-month figure through Jun 2026 stood at $557.2 million (up 67.0% YoY), and the FY2025 full-year result was $435.8 million, down 50.16% from the prior year.
- Market Capitalization was $557.2 million for Q2 2026 at United States Natural Gas Fund, up from $482.4 million in the prior quarter.
- The five-year high for Market Capitalization was $1.2 billion in Q2 2023, with the low at $308.6 million in Q4 2022.
- Historically, Market Capitalization has averaged $652.7 million across 5 years, with a median of $614.5 million in 2024.
- Annual changes were most pronounced in 2023 — Market Capitalization surged 188.73% — and 2025, when it tumbled 59.77%.
- Tracing UNG's Market Capitalization over 5 years: stood at $308.6 million in 2022, then jumped by 146.94% to $762.0 million in 2023, then increased by 14.76% to $874.4 million in 2024, then tumbled by 50.16% to $435.8 million in 2025, then grew by 27.87% to $557.2 million in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $557.2 million in Q2 2026, $482.4 million in Q1 2026, and $435.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - |
| 10 | United States Natural Gas Fund | 445.85 Mn | 158.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 557.24 Mn |
| Mar 31, 2026 | 482.38 Mn |
| Dec 31, 2025 | 435.80 Mn |
| Sep 30, 2025 | 501.74 Mn |
| Jun 30, 2025 | 333.67 Mn |
| Mar 31, 2025 | 693.02 Mn |
| Dec 31, 2024 | 874.42 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 829.49 Mn |
| Mar 31, 2024 | 671.76 Mn |
| Dec 31, 2023 | 761.97 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 719.15 Mn |
| Dec 31, 2022 | 308.56 Mn |
| Sep 30, 2022 | 462.94 Mn |
| Jun 30, 2022 | 406.52 Mn |
| Mar 31, 2022 | 460.33 Mn |
| Dec 31, 2021 | 334.08 Mn |
| Sep 30, 2021 | 385.93 Mn |