UNG does not seem to track natural gas at all.
"The investment seeks to reflect the daily changes in percentage terms of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of a specified short-term futures contract."
Compare a graph of UNG and natural gas Henry Hub and there is very little correlation....
"The investment seeks to reflect the daily changes in percentage terms of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of a specified short-term futures contract."
Compare a graph of UNG and natural gas Henry Hub and there is very little correlation....