ETF UNG Vs NG futures??

Discussion in 'ETFs' started by trader60611, Sep 25, 2007.

  1. trader60611

    trader60611

    Can someone explain to me why the NG continuous contract is up 12% and ETF UNG is down .30% today (9/25) at 9am Central time?
     
    #1     Sep 25, 2007
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  2. rubibond007

    rubibond007

    Hi, Probably because there's a contango in tha natgas market right now. Those energy ETFs like USO and UNG tend to get out of sync when there's a contango.
     
    #2     Sep 25, 2007
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