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RULE vs UNL

Comparison between ADAPTIVE CORE ETF (RULE, ETF) and United States 12 Month Natural Gas Fund (UNL, ETF).

5-Year PerformanceRULE has outperformed UNL, delivering a return of +4.9% compared to -10.8%

RULE vs UNL - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
RULE
$17M
Winner
UNL
$17M
Expense Ratio
RULE
1.84%
Winner
UNL
1.65%
Max Drawdown
Winner
RULE
30.49%
UNL
89.43%
Sharpe Ratio
Winner
RULE
1.18
UNL
-1.02
5Y Beta
RULE
0.98
Winner
UNL
0.05

RULE vs UNL - Historical Returns

Returns include dividend reinvestment.

1M
RULE
-10.29%
Winner
UNL
-7.75%
3M
Winner
RULE
+17.12%
UNL
-9.15%
6M
Winner
RULE
+23.79%
UNL
-20.40%
1Y
Winner
RULE
+37.31%
UNL
-28.88%
5Y(CAGR)
Winner
RULE
+4.90%
UNL
-10.77%
10Y(CAGR)
RULE
N/A
UNL
-4.98%
Max(CAGR)
Winner
RULE
+4.90%
UNL
-12.64%

RULE vs UNL - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

YearRULEUNL
2026+32.34%-16.43%
2025+4.30%-10.22%
2024+9.36%-6.31%
2023+6.29%-46.54%
2022-22.80%+42.51%
2021+1.03%+49.12%
2020N/A-8.52%
2019N/A-16.68%
2018N/A+10.26%
2017N/A-15.78%
2016N/A+21.77%
2015N/A-29.99%
2014N/A-25.55%
2013N/A+9.10%
2012N/A-18.78%
2011N/A-41.44%
2010N/A-37.73%

RULE vs UNL Drawdown Comparison

The maximum drawdown for RULE was -30.48%, occurring on Oct 27, 2023. Recovery took 1057 trading sessions.

The maximum drawdown for UNL was -89.43%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current RULE drawdown is -10.46%. The current UNL drawdown is -89.36%.

RankRULEUNL
#1-30.48%
Nov 8, 2021 - Jan 27, 2026
-89.43%
Jan 6, 2010 - Jul 20, 2026
#2-13.68%
Jun 30, 2026 - Jul 20, 2026
-2.92%
Jan 4, 2010 - Jan 6, 2010
#3-12.65%
Feb 25, 2026 - Apr 14, 2026
N/A
#4-9.46%
Jun 3, 2026 - Jun 18, 2026
N/A
#5-6.61%
May 14, 2026 - May 26, 2026
N/A
#6-5.77%
Jun 22, 2026 - Jun 30, 2026
N/A
#7-5.26%
Jan 29, 2026 - Feb 25, 2026
N/A
#8-1.95%
Apr 27, 2026 - Apr 30, 2026
N/A
#9-1.55%
May 6, 2026 - May 8, 2026
N/A
#10-1.46%
May 11, 2026 - May 13, 2026
N/A
#11-1.21%
Apr 17, 2026 - Apr 22, 2026
N/A
#12-1.03%
Apr 14, 2026 - Apr 17, 2026
N/A
#13-0.35%
Nov 4, 2021 - Nov 8, 2021
N/A
#14-0.29%
May 26, 2026 - May 29, 2026
N/A
#15-0.16%
Apr 22, 2026 - Apr 24, 2026
N/A

Correlation

Correlation between RULE and UNL is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45
-101

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