United States 12 Month Natural Gas Fund

UNL

Market cap $10.8M

Faster-than-average global energy demand growth in 2024 has helped to contribute to rising interest in nuclear energy, renewables, and natural gas so far in 2025. The U.S. Energy Information Administration (EIA) expects these trends to continue and has singled out natural gas as a particular energy source to watch.

A surprising group of winners YTD have been natural gas ETFs. Natural gas futures prices have risen to the highest levels in two years, driven by a combination of factors.

Energy ETFs have quietly outperformed the U.S. stock market in 2025, driven by the strength of natural gas.

Natural gas prices jump on rising heating demand and heightened supply concerns, pushing ETFs higher.

Natural gas prices jump on the cold weather forecast, spurring the heating demand in homes and offices.

Natural gas prices have been on the rise this year as cold weather gripped large parts of the United States, spurting the demand for heating in homes and offices.

Chris DeMuth Jr. discusses his investment strategy for 2023 and the current state of the market. He expresses his preference for the energy sector, particularly oil and gas, due to mispriced equities and potential for cash returns.