United States 12 Month Natural Gas Fund UNL
NYSE UNL
$5.88 +0.01 (+0.19%)
As of: Sep 8, 2026 · 3:55 PM EDT

United States 12 Month Natural Gas Fund (UNL) Asset Utilization Ratio (2013 - 2026)

United States 12 Month Natural Gas Fund's (UNL) quarterly Asset Utilization Ratio came in at 0.26 in Q2 2026, down 47.92% on a YoY basis from 0.5 in Q2 2025, and down 20.25% quarter-over-quarter from 0.32 in Q1 2026.

Analysis

United States 12 Month Natural Gas Fund (UNL) Asset Utilization Ratio (2013 - 2026) Analysis & Trends

United States 12 Month Natural Gas Fund (UNL) has reported Asset Utilization Ratio for 14 consecutive years, with 0.26 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 47.92% year-over-year to 0.26; the trailing twelve-month figure through Jun 2026 stood at 0.26 (down 47.92% YoY), and the FY2025 full-year result was 0.04, down 25.57% from the prior year.
  • Asset Utilization Ratio fell to 0.26 in Q2 2026 per UNL's latest filing, from 0.32 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.55 in Q1 2023 and bottomed at 0.23 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 0.71 across 5 years, with a median of 0.68 in 2025.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio soared 371.36% in 2022, then slumped 70.71% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 1.05 in 2022, then fell by 24.8% to 0.79 in 2023, then plunged by 70.71% to 0.23 in 2024, then soared by 172.23% to 0.63 in 2025, then tumbled by 58.9% to 0.26 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.26, 0.32, and 0.63 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 0.16
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 0.05
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 0.27
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 0.25
9 Affiliated Managers 9.51 Bn 9.10 Bn - 0.24
10 United States 12 Month Natural Gas Fund 14.88 Mn -4.07 Mn - 0.26
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.26
Mar 31, 2026 0.32
Dec 31, 2025 0.63
Sep 30, 2025 0.74
Jun 30, 2025 0.50
Mar 31, 2025 0.35
Dec 31, 2024 0.23
Sep 30, 2024 0.44
Jun 30, 2024 0.50
Mar 31, 2024 0.47
Dec 31, 2023 0.79
Sep 30, 2023 0.93
Jun 30, 2023 1.48
Mar 31, 2023 1.55
Dec 31, 2022 1.05
Sep 30, 2022 0.78
Jun 30, 2022 0.79
Mar 31, 2022 0.93
Dec 31, 2021 0.60
Sep 30, 2021 0.50