UNG vs USO: which was the better investment?
United States Natural Gas Fund against United States Oil Fund on real daily total-return data — every dividend reinvested, from Apr 18, 2007 to Jul 15, 2026.
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Frequently asked questions
Did UNG beat USO?
No — measured from Apr 18, 2007 to Jul 15, 2026 with dividends reinvested, USO came out ahead: $3,010 versus $16 from a $10,000 start. That gap compounds from a -6.0% annual return against -28.4%.
What would $10,000 in UNG be worth today?
$10,000 invested in United States Natural Gas Fund (UNG) on Apr 18, 2007 would be worth about $16 as of Jul 15, 2026, a total return of -99.8% (-28.4% per year). The same $10,000 in USO would be worth $3,010.
Which was riskier — UNG or USO?
UNG swung with an annualized volatility of 49.3% and a worst peak-to-trough drop of -99.9%; USO ran at 37.5% volatility with a -98.2% maximum drawdown. Risk-adjusted (Sharpe ratio), that is -0.62 for UNG vs -0.21 for USO.
What data is this comparison based on?
Daily adjusted closing prices covering Apr 18, 2007 through Jul 15, 2026 — the full period where both assets have price history. Adjusted prices include dividends and splits, so these are total returns. The page refreshes with new market data every day.
Can I change the dates, amounts, or add monthly investing?
Yes — the interactive tool on this page is pre-loaded with UNG vs USO. You can set any start and end date, change the starting amount, add monthly contributions, or build a multi-asset portfolio and compare it against any benchmark.