UNL vs IAU

AUNL

BIAU

Measures won0–5IAU wins · of 6 · 5Y

$10,000 · 5Y$22,184IAU · UNL $3,724

Lowest cost0.25%IAU · $25 on $10k

Most income0.00%UNL · $0 on $10k

Smallest drop−28.2%IAU · worst fall in 1Y

Held in common[…]UNL and IAU

United States 12 Month Natural Gas Fund, LP · $15MiShares Gold Trust · $59.5B

−21.8%3 years · per year$4,783 · $20,003+26.0%

−17.9%5 years · per year$3,724 · $22,184+17.3%

1.65%Expense ratio$165 · $25 on $10k · lower wins0.25%

0.00%12-mo yield$0 · $0 on $10k0.00%

−42.2%

End-of-day Nov 11, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

5Y2 funds

#			Trend
1	BIAU	iShares Gold TrustRead Desk		0.25%	0.00%	−1.1%	−7.8%	−3.4%	+26.0%	+17.3%	−28.2%	$59.5B
2	AUNL	United States 12 Month Natural Gas Fund, LPRead Desk		1.65%	0.00%	−0.4%	−26.8%	−34.3%	−21.8%	−17.9%	−42.2%	$15M

End-of-day Nov 11, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

5Y2 funds

#			Trend
1	BIAU	iShares Gold TrustRead Desk		0.25%	0.00%	−1.1%	−7.8%	−3.4%	+26.0%	+17.3%	−28.2%	$59.5B
2	AUNL	United States 12 Month Natural Gas Fund, LPRead Desk		1.65%	0.00%	−0.4%	−26.8%	−34.3%	−21.8%	−17.9%	−42.2%	$15M

End-of-day Nov 11, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

UNL

United States 12 Month Natural Gas Fund, LP

$3,724

IAU

iShares Gold Trust

$22,184

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