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.