^XNG vs. CL=F
Compare and contrast key facts about NYSE Arca Natural Gas Index (^XNG) and Crude Oil WTI (CL=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XNG or CL=F.
Correlation
The correlation between ^XNG and CL=F is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^XNG vs. CL=F - Performance Comparison
Key characteristics
^XNG:
1.13
CL=F:
-0.15
^XNG:
1.64
CL=F:
-0.03
^XNG:
1.20
CL=F:
1.00
^XNG:
0.37
CL=F:
-0.08
^XNG:
5.12
CL=F:
-0.30
^XNG:
3.31%
CL=F:
13.66%
^XNG:
14.98%
CL=F:
26.84%
^XNG:
-84.52%
CL=F:
-93.11%
^XNG:
-32.21%
CL=F:
-48.61%
Returns By Period
In the year-to-date period, ^XNG achieves a 1.62% return, which is significantly lower than CL=F's 4.11% return. Over the past 10 years, ^XNG has underperformed CL=F with an annualized return of -0.71%, while CL=F has yielded a comparatively higher 3.90% annualized return.
^XNG
1.62%
0.68%
11.55%
17.00%
14.21%
-0.71%
CL=F
4.11%
11.12%
-8.28%
5.51%
4.06%
3.90%
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Risk-Adjusted Performance
^XNG vs. CL=F — Risk-Adjusted Performance Rank
^XNG
CL=F
^XNG vs. CL=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Natural Gas Index (^XNG) and Crude Oil WTI (CL=F). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^XNG vs. CL=F - Drawdown Comparison
The maximum ^XNG drawdown since its inception was -84.52%, smaller than the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for ^XNG and CL=F. For additional features, visit the drawdowns tool.
Volatility
^XNG vs. CL=F - Volatility Comparison
NYSE Arca Natural Gas Index (^XNG) has a higher volatility of 4.58% compared to Crude Oil WTI (CL=F) at 4.26%. This indicates that ^XNG's price experiences larger fluctuations and is considered to be riskier than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.