Being long UNG for the past year cost you dearly if did not understand what you owned
Garbage Trade: United States Natural Gas Fund ( UNG , quote ) ETF. Being long natural gas through UNG for the last year meant you lost 17% while underlying generic natural gas contract was +23%. Do people know what they own?
Checkout " What to beware of when trading commodity ETFs " to understand the pitfalls of owning the United States Natural Gas Fund ETF UNG.