This ETN is one of the options available to investors looking to establish exposure to natural gas prices through futures contracts. As such, this product isn’t very useful for those building a long-term, buy-and-hold portfolio; its appeal will be to those looking to express an outlook on movements in natural gas prices over the short term. There are several noteworthy elements of this product. First, GAZ is an ETN, meaning that investors are exposed to the credit risk of the issuer. Second, this ETN won’t generally correspond to changes in spot natural gas prices, as the underlying index is comprised of futures contracts (in many cases, the difference over extended periods of time can be significant). GAZ is really only appropriate for those with a short holding period; investors seeking longer-term exposure to natural gas may want to consider NAGS or UNL. Finally, this ETN has often traded at a significant premium to NAV historically as a result of limitations on the number of shares outstanding; before establishing a position, take careful note of the relationship of price to NAV.
| Segment | Commodities: Energy Natural Gas |
| Category | Energy |
| Focus | Natural Gas |
| Niche | Front Month |
| Strategy | Vanilla |
| Weighting Scheme | Single Asset |
This section compares how balanced and deep this ETF is relative to its peers.
| GAZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1 | 1 | 1 |
| % of Assets in Top 10 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 15 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 50 | 100.00% | 100.00% | 100.00% |
| GAZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| GAZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | $ 0.03 | N/A |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.43 | N/A |
| Annual Dividend Yield | N/A | 1.18% | N/A |
View charts featuring GAZ price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 1.23 M 1 Month Net Flows: -3.69 M 3 Month Net Flows: 8.54 M 6 Month Net Flows: 36.9 M 1 Year Net Flows: 30.24 M 3 Year Net Flows: 46.4 M 5 Year Net Flows: 49 M 10 Year Net Flows: 49.13 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -2.74 MThe adjacent table gives investors an individual Realtime Rating for GAZ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Oil & Gas with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | No distributions |
| Distributes K1 | No |
GAZ does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| GAZ |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -15.58% | -7.91% | -13.04% |
| 3 Month Return | -36.10% | -13.38% | -30.77% |
| YTD Return | -58.79% | -21.95% | -52.01% |
| 1 Year Return | -79.56% | -40.13% | -73.37% |
| 3 Year Return | -19.66% | 22.75% | -9.62% |
| 5 Year Return | N/A | -0.63% | -7.47% |
The following charts reflect the geographic spread of GAZ's underlying holdings.
The following charts reflect the allocation of GAZ's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 140.42% |
| 20 Day Volatility | 56.31% |
| 50 Day Volatility | 54.10% |
| 200 Day Volatility | 66.54% |
| Beta | 0.48 |
| Standard Deviation | 13.01% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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