United States 12 Month Natural Gas Fund (UNL) Equity Ratio (2011 - 2026)

United States 12 Month Natural Gas Fund (UNL) reported Equity Ratio of 1.0 for Q1 2026, little changed quarter-over-quarter from 0.99 in Q4 2025.

United States 12 Month Natural Gas Fund (UNL) Equity Ratio (2011 - 2026) Analysis & Trends

United States 12 Month Natural Gas Fund has reported Equity Ratio for 16 years, with the latest figure at 1.0 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio changed N/A year-over-year to 1.0; the trailing twelve-month figure through Mar 2026 stood at 1.0 (changed N/A YoY), and the FY2025 full-year result was 0.99, up 1.43% from the prior year.
  • Equity Ratio for Q1 2026 stood at 1.0, roughly flat from 0.99 in the prior quarter.
  • The five-year high for Equity Ratio was 1.0 in Q2 2022, with the low at 0.83 in Q1 2022.
  • Historically, Equity Ratio has averaged 0.98 across 5 years, with a median of 1.0 in 2022.
  • Annual changes were most pronounced in 2022 — Equity Ratio retreated 17.16% — and 2023, when it climbed 20.6%.
  • United States 12 Month Natural Gas Fund's Equity Ratio stood at 1.0 in 2022, then gained by 0.15% to 1.0 in 2023, then decreased by 1.64% to 0.98 in 2024, then climbed by 1.43% to 0.99 in 2025, then rose by 0.11% to 1.0 in 2026.
  • The last three Equity Ratio figures came in at 1.0 (Q1 2026), 0.99 (Q4 2025), and 0.99 (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00
Dec 31, 2025 0.99
Sep 30, 2025 0.99
Jun 30, 2025 0.99
Dec 31, 2024 0.98
Jun 30, 2024 0.97
Mar 31, 2024 1.00
Sep 30, 2023 1.00
Jun 30, 2023 1.00
Mar 31, 2023 1.00
Dec 31, 2022 1.00
Jun 30, 2022 1.00
Mar 31, 2022 0.83
Dec 31, 2021 1.00
Sep 30, 2021 0.83
Jun 30, 2021 0.94
Mar 31, 2021 1.00
Dec 31, 2020 1.00
Sep 30, 2020 0.96
Jun 30, 2020 0.99