-3x Short Natural Gas
NAV as of 19 Oct 2026, 12:00 AM UTC
$10.24 (5.68%)
Year-To-Date Change
-3.72%
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LSE
-
XAMS
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Borsa Italiana
Capital at risk. NAV calculated by Leverage Shares. For more information on the calculation please click here
Overview
What is the Short Natural Gas ETC?
The Leverage Shares -3x Short Natural Gas ETC (ISIN XS3299459951) is an exchange traded commodity (ETC) that seeks to deliver the daily performance of United States Natural Gas Fund (UNG). It is fully collateralised and does not use swaps to achieve its exposure, so investors are not exposed to a swap counterparty. It does not use leverage, so it is not subject to volatility decay. You cannot lose more than the amount you invest. The Leverage Shares -3x Short Natural Gas ETC has an annual management fee of 0.35% and is listed on the following exchanges: London Stock Exchange, Euronext Amsterdam, Borsa Italiana. It can be held over longer periods as well as traded intraday.
ETC objective
To seek daily investment results, before fees and expenses, that correspond to -300% (-3x) the daily performance of the underlying stock (UNG).
Who is this product for?
products.who_is_this_product_for_commodity-etcs_inverse
*However, these are complex products.
Value of Underlying Assets
$-205,330
or -19,630 shares of UNG
AUM
$68,449
or 6,685 shares of UNGS
Liabilities
$273,779
Listings & Tickers
Key Facts
Net Asset Value
- NAV (as of 19 Oct 2026)
- $10.24
- Daily Return (% NAV change)
- 5.68%
- Daily Change (of NAV)
- $0.55
Structure
- Structure
- ETC
- Domicile
- Ireland
- Replication Method
- Physical
- Dividends
- Reinvested
- Underlying Asset
- UNG
- Target Weights
- Rebalance Frequency
Fees
- Annual Management Fee
- 0.35%
- Interest Paid On Cash Balances
- Fed Funds Effective (Overnight Rate) -1%
- Performance Fee
- Stock Borrow Rate
- 1.77%
Tax & Legal
- ISA
- Eligible
- SIPP
- Eligible
- UK Fund Reporting Status
- Yes (effective 16/06/2026)
- US IRS Sec 871(m)
- Not applicable
Passported Countries:
United Kingdom
Italy
Germany
France
Spain
Netherlands
Ireland
Poland
Belgium
Sweden
Norway
Austria
* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.
Key Services Providers
- Issuer
- Leverage Shares plc
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- U.S. Bank Europe DAC
- Registrar
- U.S. Bank Europe DAC
- Portfolio Administrators
- Flexinvest Limited
- Stock Borrowing Provider and Custodian
- Interactive Brokers LLC and/or Morgan Stanley & Co. LLC and/or Pershing LLC
- Determination Agent
- Calculation Agent Services LLC
- Initial Authorised Participant
- BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
- Sponsor
Frequently Asked Questions about the -3x Short Natural Gas ETC
- London Stock Exchange: UNGS (USD), SUNG (GBP)
- Euronext Amsterdam: UNGS (EUR)
- Borsa Italiana: UNGS (EUR)
