BCOMNG Bloomberg Natural Gas Subindex

The Bloomberg Natural Gas Subindex is intended to reflect the natural gas segment of the commodities market. The index consists of futures contracts on natural gas. Unlike equities, which entitle the holder to a continuing stake in a corporation, commodity futures contracts specify a delivery date for an underlying physical commodity. The index measures the performance of commodity futures contracts, and, as the date for a futures contract comes due, the index replaces such contract with similar contracts with later expirations. The index thus is a "rolling" index. The index is valued using the settlement prices for the underlying futures contracts. The index rolls its contracts over the course of 5 consecutive business days, starting on the 6th business day of the month. Each day, approximately 20% of each futures position that is included in the month's roll is rolled.

As of 04/09/2021

Index Information
Provider:     Bloomberg
Category1:  Commodities
Category2:  Energy
Category3:  Natural gas
Currency:    USD
Inception date:  12/03/2019
Backtesting data exists:  
Weighting methodology:   Market capitalization

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