United States 12 Month Natural Gas Fund (UNL) Assets Average (2013 - 2026)
United States 12 Month Natural Gas Fund's (UNL) quarterly Assets Average came in at $16.5 million in Q2 2026, up 7.44% on a YoY basis from $15.4 million in Q2 2025, and down 4.07% quarter-over-quarter from $17.2 million in Q1 2026.
Analysis
United States 12 Month Natural Gas Fund (UNL) Assets Average (2013 - 2026) Analysis & Trends
United States 12 Month Natural Gas Fund (UNL) has reported Assets Average for 14 consecutive years, with $16.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets Average rose 7.44% year-over-year to $16.5 million; the trailing twelve-month figure through Jun 2026 stood at $16.5 million (up 7.44% YoY), and the FY2025 full-year result was $18.9 million, up 6.84% from the prior year.
- Assets Average retreated to $16.5 million in Q2 2026 per UNL's latest filing, from $17.2 million in the prior quarter.
- Across five years, Assets Average topped out at $37.9 million in Q3 2022 and bottomed at $11.4 million in Q3 2025.
- Historically, Assets Average has averaged $20.1 million across 5 years, with a median of $17.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Assets Average jumped 245.92% in 2022, then sank 54.91% in 2023.
- Over 5 years, Assets Average stood at $31.9 million in 2022, then slumped by 47.79% to $16.6 million in 2023, then advanced by 18.22% to $19.7 million in 2024, then dropped by 25.42% to $14.7 million in 2025, then advanced by 12.48% to $16.5 million in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $16.5 million, $17.2 million, and $14.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 173.06 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 42.15 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 28.46 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 342.73 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 35.18 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 27.15 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 9.40 Bn |
| 10 | United States 12 Month Natural Gas Fund | 14.88 Mn | -4.07 Mn | - | 16.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.50 Mn |
| Mar 31, 2026 | 17.20 Mn |
| Dec 31, 2025 | 14.67 Mn |
| Sep 30, 2025 | 11.42 Mn |
| Jun 30, 2025 | 15.36 Mn |
| Mar 31, 2025 | 18.73 Mn |
| Dec 31, 2024 | 19.67 Mn |
| Sep 30, 2024 | 19.54 Mn |
| Jun 30, 2024 | 17.97 Mn |
| Mar 31, 2024 | 16.78 Mn |
| Dec 31, 2023 | 16.64 Mn |
| Sep 30, 2023 | 17.10 Mn |
| Jun 30, 2023 | 15.97 Mn |
| Mar 31, 2023 | 19.88 Mn |
| Dec 31, 2022 | 31.87 Mn |
| Sep 30, 2022 | 37.92 Mn |
| Jun 30, 2022 | 32.70 Mn |
| Mar 31, 2022 | 22.30 Mn |
| Dec 31, 2021 | 17.77 Mn |
| Sep 30, 2021 | 14.88 Mn |