As of December 18, 2019, the actual annualized index return since the Inception Date for the S&P GSCI® Natural Gas Index ER was −18.38%.
The actual annualized ETN return since the Inception Date (based on the Closing Indicative Value for such series of ETNs) was:
• for the 3x Long Natural Gas ETNs, −67.87%; and
• for the 3x Inverse Natural Gas ETNs, −35.02%.