Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Natural Gas ETF (FCG) provides investors broad exposure to the Energy ETFs category of the market.
Natural gas prices have rallied in 2024, leading to increased production and potential oversupply. The opening of the Matterhorn Express Pipeline may further decrease Henry Hub prices, impacting natural gas producers. FCG ETF, which includes natural gas producers, MLP companies, and oil enterprises, is now a 'Hold' due to changing market dynamics.