Natural Gas ETFs

27 ETFs · AUM: $17.40B

Natural gas ETFs provide exposure to the price of natural gas through futures contracts, allowing investors and traders to speculate on one of the most volatile commodities in the energy market. Natural gas prices are driven by weather patterns, storage levels, production trends, and LNG export demand, creating frequent trading opportunities for those who understand the market dynamics.

The main natural gas ETFs include UNG (United States Natural Gas Fund), the largest and most liquid natural gas ETF that tracks Henry Hub natural gas futures, BOIL (ProShares Ultra Bloomberg Natural Gas), a 2x leveraged fund for aggressive traders seeking amplified returns, and KOLD (ProShares UltraShort Bloomberg Natural Gas), which provides 2x inverse exposure for those betting on falling natural gas prices.

Natural gas ETFs are primarily short-term trading vehicles rather than long-term investments. Like oil ETFs, they suffer from significant contango drag when rolling futures contracts, which erodes value over time. The leveraged products BOIL and KOLD compound daily and can deviate substantially from their target multiples over periods longer than one day. These funds are best used by experienced traders for tactical positions around weather events, storage reports, and seasonal patterns. Long-term energy investors should consider natural gas equity producers instead.

27 ETFs found

SymbolFund NameAUMPrice
LNGGLinn Energy, Inc.$733K
USEUSCF Energy Commodity Strategy Absolute Return Fund$2.2M$30.27
MLPGUBS ETRACS Alerian Natural Gas MLP Index ETN$2.2M
LNGZRange Global Lng Ecosystem ETF$5.3M
USNGAmplify Samsung U.S. Natural Gas Infrastructure ETF$5.6M$32.80
UNLUnited States 12 Month Natural Gas Fund LP$10.8M$7.38
PBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF$11.7M$33.05
PSCUInvesco S&P SmallCap Utilities & Communication Services ETF$14.0M$58.85
GASXDirexion Daily Natural Gas Related Bear 3X Shares$17.3M
GAZiPath Series B Bloomberg Natural Gas Subindex Total ReturnSM ETN$30.9M
GASLDirexion Daily Natural Gas Related Bull 3X Shares$34.9M
LNGXGlobal X - U.S. Natural Gas ETF$35.5M$44.24
UGAUnited States Gasoline Fund LP$45.7M$96.45
DBEInvesco DB Energy Fund$61.6M$28.50
PXEInvesco Energy Exploration & Production ETF$92.0M$36.22
DGAZVelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER$100.3M
KOLDProShares - UltraShort Bloomberg Natural Gas$236.1M$19.06
BOILProShares - Ultra Bloomberg Natural Gas$441.8M$19.07
UNGUnited States Natural Gas Fund LP$590.7M$12.63
FCGFirst Trust Natural Gas ETF$648.2M$29.66
USOUnited States Oil Fund LP$961.1M$119.84
EMLPFirst Trust North American Energy Infrastructure Fund$3.95B$43.78
VDEVanguard Energy ETF$10.10B$162.64
UGAZVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
UGAZFVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
DCNGiPath Seasonal Natural Gas ETN
GAZBiPath Bloomberg Natural Gas SubTR ETN B

Frequently Asked Questions