United States 12 Month Natural Gas Fund (UNL) Market Capitalization (2010 - 2026)
United States 12 Month Natural Gas Fund's (UNL) quarterly Market Capitalization came in at $17.3 million in Q2 2026, up 46.73% on a YoY basis from $11.8 million in Q2 2025, and up 2.06% quarter-over-quarter from $16.9 million in Q1 2026.
Analysis
United States 12 Month Natural Gas Fund (UNL) Market Capitalization (2010 - 2026) Analysis & Trends
United States 12 Month Natural Gas Fund (UNL) has reported Market Capitalization for 17 consecutive years, with $17.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Market Capitalization rose 46.73% year-over-year to $17.3 million; the trailing twelve-month figure through Jun 2026 stood at $17.3 million (up 46.73% YoY), and the FY2025 full-year result was $12.3 million, down 34.9% from the prior year.
- Market Capitalization climbed to $17.3 million in Q2 2026 per UNL's latest filing, from $16.9 million in the prior quarter.
- Across five years, Market Capitalization topped out at $34.2 million in Q3 2022 and bottomed at $10.6 million in Q3 2025.
- Historically, Market Capitalization has averaged $19.6 million across 5 years, with a median of $17.5 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Market Capitalization jumped 236.21% in 2022, then sank 55.21% in 2023.
- Over 5 years, Market Capitalization stood at $29.6 million in 2022, then tumbled by 55.21% to $13.2 million in 2023, then surged by 42.99% to $18.9 million in 2024, then slumped by 34.9% to $12.3 million in 2025, then surged by 40.01% to $17.3 million in 2026.
- According to Business Quant data, Market Capitalization over the past three periods registered $17.3 million, $16.9 million, and $12.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 12 Month Natural Gas Fund | 14.88 Mn | -4.07 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.25 Mn |
| Mar 31, 2026 | 16.91 Mn |
| Dec 31, 2025 | 12.32 Mn |
| Sep 30, 2025 | 10.57 Mn |
| Jun 30, 2025 | 11.76 Mn |
| Mar 31, 2025 | 19.48 Mn |
| Dec 31, 2024 | 18.93 Mn |
| Sep 30, 2024 | 20.88 Mn |
| Jun 30, 2024 | 19.82 Mn |
| Mar 31, 2024 | 17.80 Mn |
| Dec 31, 2023 | 13.24 Mn |
| Sep 30, 2023 | 17.08 Mn |
| Jun 30, 2023 | 16.15 Mn |
| Mar 31, 2023 | 16.21 Mn |
| Dec 31, 2022 | 29.55 Mn |
| Sep 30, 2022 | 34.18 Mn |
| Jun 30, 2022 | 32.51 Mn |
| Mar 31, 2022 | 27.85 Mn |
| Dec 31, 2021 | 12.64 Mn |
| Sep 30, 2021 | 14.76 Mn |