Hi all, what would your favourite instrument be for a long natural gas position trade/ investment. Im looking for 1 or 2 ETFs that I could hold as an investment and one I could trade in and out of. I am considering UNG and BOIL but have noticed some decent looking canadian products HNU. Does anyone know any others. Dont like UGAZ.
Best Natural Gas ETFs
- Thread starter Troubil
- Start date
I don't think you want to hold a natural gas ETF.
Or any energy ETF for that matter. The roll-costs kill em.
These things are NOT designed to "buy and hold".
For example: from the bottom in Jan 2016 to the top in Jan 2018, spot oil was up 110% roughly.
In that same period.... USO (the oil ETF) was up like 27%.
The fact that you would ask, and I mean no disrespect, I would also perhaps suggest you didn't try to short term trade any of these instruments either. You'll get clobbered.
Edit:
A quick Google search provides the following article. https://www.moneyshow.com/articles/videotranstr-27048/
This chart shows USO in only 3 months:
Or any energy ETF for that matter. The roll-costs kill em.
These things are NOT designed to "buy and hold".
For example: from the bottom in Jan 2016 to the top in Jan 2018, spot oil was up 110% roughly.
In that same period.... USO (the oil ETF) was up like 27%.
The fact that you would ask, and I mean no disrespect, I would also perhaps suggest you didn't try to short term trade any of these instruments either. You'll get clobbered.
Edit:
A quick Google search provides the following article. https://www.moneyshow.com/articles/videotranstr-27048/
This chart shows USO in only 3 months:
