What is a natural gas ETF?

Natural gas ETFs are investment vehicles that provide exposure to natural gas prices. They are structured as commodity pools that hold natural gas futures contracts. Natural gas ETFs can also employ various strategies, such as holding physical natural gas, investing in futures contracts, or equities of companies involved in the natural gas sector.

Which natural gas ETFs trade in 2023?

The United States 12 Month Natural Gas Fund LP (UNL) and the United States Natural Gas Fund LP (UNG) are the only natural gas ETFs that trade in the U.S., excluding inverse and leveraged funds. Look more closely at the performance of these two U.S. natural gas ETFs in 2023. All data are as of June 16.

Why do the Bears want to buy natural gas?

Slow drop in production and return of associated gas production preventing larger deficit. LNG export drop due to negative economics preventing deficit. The bears have one overriding factor going in their favor. US natural gas storage is ~400 Bcf above the five-year average.

Is natural gas a bull vs Bear thesis?

Natural Gas: The Bull Vs. Bear Thesis Bears have clearly won over the last year as prices continue to trend lower. In the near term, the bear thesis is stronger. Without higher CDDs and lower production, prices lack the upside catalyst needed to go higher.