Snowflake Inc vs United States Natural Gas Fund — how do they compare? Snowflake Inc trades at $271.43 (market cap $95.09B), while United States Natural Gas Fund trades at $10.4. The key difference: Snowflake Inc is trading nearer its 52-week high, United States Natural Gas Fund nearer its low. Which is the better fit depends on your goals.
| SNOW | UNG | |
|---|---|---|
Market Cap | $95.09B | — |
Sector | Technology | Commodities - Energy |
52-Week High | $280.16 | $16.90 |
52-Week Low | $121.11 | $10.15 |
Enterprise Value | $94.90B | — |
Trailing returns across standard periods
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →UNG is a commodity ETF that tracks the daily price movements of natural gas futures. It primarily invests in front-month contracts at the Henry Hub, making it a highly volatile tool for short-term trading rather than long-term holding due to contango and roll costs.
Read more on UNG →