When holding the United States Natural Gas Fund (UNG) ETF, how long should you stay invested to have high probability to achieve a positive return?
Over the selected period (~36 years), the longest duration with a negative return was 431 months (from May 1990 to March 2026). This negative serie is not closed yet.
Understanding this metric is crucial as it highlights the importance of a safe investment horizon. Knowing the minimum duration required to likely see positive returns helps investors set realistic expectations and reinforces the strategy of staying invested through market cycles. This approach can mitigate the emotional reactions to short-term market fluctuations and enhance the likelihood of achieving financial goals.
United States Natural Gas Fund (UNG) ETF: Historical Returns
Previous vs subsequent Returns
Is there a correlation between past and future returns over all 10-year rolling periods?
The following chart illustrates the relationship between past returns (x-axis) and subsequent returns (y-axis).
Data points are aggregated to show occurrences, and you can zoom in by clicking or drawing over the desired area.
Loading data
Please wait
Loading data
Please wait
As of Mar 31, 2026, the annualized return of the previous 10 years has been -19.80%.
Rolling Returns
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Loading data
Please wait
Rolling Period Analysis
By selecting the 'Rolling Period', the chart and data will update. To study a different date range, change the simulation settings.
Loading data
Please wait
Loading data
Please wait
| Worst | Median | Best | Negative Periods |
|---|---|---|---|
|
-77.97%
Jul 2008 - Jun 2009 |
-10.15% |
+325.00%
Jan 2000 - Dec 2000 |
56.19%
236 out of 420 |
|
-78.66%
Jun 2022 - May 2023 |
-12.15% |
+310.88%
Jan 2000 - Dec 2000 |
59.05%
248 out of 420 |
|
-67.50%
Sep 2022 - Aug 2024 |
-9.57% |
+124.18%
Jan 1999 - Dec 2000 |
61.03%
249 out of 408 |
|
-68.50%
Sep 2022 - Aug 2024 |
-11.96% |
+117.53%
Jan 1999 - Dec 2000 |
64.46%
263 out of 408 |
|
-55.60%
Jul 2008 - Jun 2011 |
-9.65% |
+62.83%
Jan 1998 - Dec 2000 |
60.35%
239 out of 396 |
|
-56.09%
Jul 2008 - Jun 2011 |
-11.44% |
+58.75%
Jan 1998 - Dec 2000 |
64.90%
257 out of 396 |
|
-55.93%
Jun 2008 - May 2012 |
-13.09% |
+57.82%
Oct 2001 - Sep 2005 |
60.16%
231 out of 384 |
|
-56.59%
Jun 2008 - May 2012 |
-15.99% |
+53.54%
Oct 2001 - Sep 2005 |
63.28%
243 out of 384 |
|
-48.11%
Jul 2008 - Jun 2013 |
-14.30% |
+30.14%
Jan 1996 - Dec 2000 |
59.41%
221 out of 372 |
|
-48.80%
Jul 2008 - Jun 2013 |
-16.37% |
+26.89%
Jan 1996 - Dec 2000 |
62.90%
234 out of 372 |
|
-39.54%
Jul 2008 - Jun 2014 |
-15.65% |
+34.03%
Jan 1995 - Dec 2000 |
60.83%
219 out of 360 |
|
-40.41%
Jul 2008 - Jun 2014 |
-17.11% |
+30.70%
Jan 1995 - Dec 2000 |
64.72%
233 out of 360 |
|
-40.33%
Jul 2008 - Jun 2015 |
-16.55% |
+30.79%
Sep 1998 - Aug 2005 |
59.48%
207 out of 348 |
|
-41.09%
Jul 2008 - Jun 2015 |
-18.52% |
+27.43%
Sep 1998 - Aug 2005 |
61.78%
215 out of 348 |
|
-40.61%
Jun 2008 - May 2016 |
-17.71% |
+24.56%
Jan 1993 - Dec 2000 |
63.39%
213 out of 336 |
|
-41.40%
Jun 2008 - May 2016 |
-19.19% |
+21.41%
Jan 1993 - Dec 2000 |
65.48%
220 out of 336 |
|
-38.04%
Jul 2008 - Jun 2017 |
-15.82% |
+24.68%
Jan 1992 - Dec 2000 |
63.58%
206 out of 324 |
|
-38.83%
Jul 2008 - Jun 2017 |
-17.79% |
+21.48%
Jan 1992 - Dec 2000 |
64.81%
210 out of 324 |
|
-35.87%
Jul 2008 - Jun 2018 |
-17.43% |
+23.04%
Oct 1995 - Sep 2005 |
64.10%
200 out of 312 |
|
-36.79%
Jul 2008 - Jun 2018 |
-19.40% |
+19.87%
Oct 1995 - Sep 2005 |
65.38%
204 out of 312 |
|
-34.28%
Jul 2008 - Jun 2019 |
-17.09% |
+21.35%
Oct 1994 - Sep 2005 |
65.33%
196 out of 300 |
|
-35.23%
Jul 2008 - Jun 2019 |
-18.99% |
+18.23%
Oct 1994 - Sep 2005 |
68.67%
206 out of 300 |
|
-35.60%
Jul 2008 - Jun 2020 |
-16.29% |
+16.23%
Oct 1993 - Sep 2005 |
69.44%
200 out of 288 |
|
-36.49%
Jul 2008 - Jun 2020 |
-18.37% |
+13.21%
Oct 1993 - Sep 2005 |
70.49%
203 out of 288 |
|
-32.61%
Jun 2008 - May 2021 |
-15.66% |
+17.89%
Jul 1995 - Jun 2008 |
72.10%
199 out of 276 |
|
-33.75%
Jun 2008 - May 2021 |
-17.54% |
+14.71%
Jul 1995 - Jun 2008 |
74.28%
205 out of 276 |
|
-29.34%
Dec 2006 - Nov 2020 |
-16.00% |
+16.38%
Jan 1992 - Dec 2005 |
74.62%
197 out of 264 |
|
-30.62%
Dec 2006 - Nov 2020 |
-17.74% |
+13.42%
Jan 1992 - Dec 2005 |
75.76%
200 out of 264 |
|
-31.43%
Jun 2008 - May 2023 |
-15.46% |
+14.53%
Sep 1990 - Aug 2005 |
75.79%
191 out of 252 |
|
-32.98%
Jun 2008 - May 2023 |
-17.19% |
+11.52%
Sep 1990 - Aug 2005 |
80.16%
202 out of 252 |
|
-31.86%
May 2008 - Apr 2024 |
-15.11% |
+14.36%
Jul 1992 - Jun 2008 |
82.50%
198 out of 240 |
|
-33.47%
May 2008 - Apr 2024 |
-16.81% |
+11.26%
Jul 1992 - Jun 2008 |
85.00%
204 out of 240 |
|
-30.84%
Jul 2008 - Jun 2025 |
-13.89% |
+15.00%
Jul 1991 - Jun 2008 |
86.40%
197 out of 228 |
|
-32.41%
Jul 2008 - Jun 2025 |
-15.71% |
+11.87%
Jul 1991 - Jun 2008 |
88.16%
201 out of 228 |
|
-29.42%
Apr 2008 - Mar 2026 |
-13.65% |
+12.67%
Jul 1990 - Jun 2008 |
88.89%
192 out of 216 |
|
-31.11%
Apr 2008 - Mar 2026 |
-15.48% |
+9.49%
Jul 1990 - Jun 2008 |
92.13%
199 out of 216 |
|
-28.56%
Nov 2005 - Oct 2024 |
-12.91% |
+3.42%
Jun 1990 - May 2009 |
92.65%
189 out of 204 |
|
-30.27%
Nov 2005 - Oct 2024 |
-14.80% |
+0.73%
Jun 1990 - May 2009 |
98.04%
200 out of 204 |
|
-27.72%
Oct 2005 - Sep 2025 |
-12.48% |
+0.95%
Aug 1990 - Jul 2010 |
98.96%
190 out of 192 |
|
-29.47%
Oct 2005 - Sep 2025 |
-14.33% |
-1.60%
Aug 1990 - Jul 2010 |
100.00%
192 out of 192 |
|
-21.97%
Jan 2001 - Dec 2025 |
-10.97% |
-5.57%
Aug 1990 - Jul 2015 |
100.00%
132 out of 132 |
|
-23.90%
Jan 2001 - Dec 2025 |
-12.99% |
-7.82%
Aug 1990 - Jul 2015 |
100.00%
132 out of 132 |
|
-15.03%
Jan 1996 - Dec 2025 |
-11.95% |
-7.00%
May 1992 - Apr 2022 |
100.00%
72 out of 72 |
|
-17.13%
Jan 1996 - Dec 2025 |
-14.11% |
-9.23%
May 1992 - Apr 2022 |
100.00%
72 out of 72 |
United States Natural Gas Fund (UNG) ETF: Historical Returns

