Roundhill Investments intends to bring a new liquefied natural gas-focused ETF to market in the form of the Roundhill Alerian LNG ETF (LNGG).
According to the user information filed with the Securities and Exchange Commission, LNGG aims to offer Investor exposure to national and international companies that derive a significant amount of their revenue from the LNG industry.
Within the sphere of holdings, LNGG will take positions in organizations that operate liquefaction facilities, LNG carriers that ship product, regasification companies, along with intermediate energy companies that participate in one or more of the LNG value chains. LNG industry.
In addition, the ETF will seek to track the performance of the Alerian liquefied natural gas index.
LNGG also plans to list on the New York Stock Exchange and has not yet been given an expense statement.
While no shares for LNGG have been included, it will most likely at some point find itself competing for market share with other natural gas funds such as:
- ProShares Ultra Bloomberg Natural Gas (NYSEARCA: BOIL)
- United States LP Natural Gas Fund (NYSEARCA:UNG)
- ProShares UltraShort Bloomberg Natural Gas (COLD)
- iPath Series B Bloomberg Natural Gas Sub-Index Total Return ETN (NYSERCA: GAZ)
- US LP 12-Month Natural Gas Fund (NYSEARCA:UNL)
In related news, US natural gas (NG1:COM) is falling again as the oil/gas price ratio nears its highest in 11 years.