^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 0.13, 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:
0.62
CL=F:
-0.67
^XNG:
0.91
CL=F:
-0.79
^XNG:
1.13
CL=F:
0.90
^XNG:
0.29
CL=F:
-0.35
^XNG:
2.93
CL=F:
-1.36
^XNG:
4.17%
CL=F:
14.99%
^XNG:
19.64%
CL=F:
29.36%
^XNG:
-84.52%
CL=F:
-93.11%
^XNG:
-31.07%
CL=F:
-56.62%
Returns By Period
In the year-to-date period, ^XNG achieves a 3.32% return, which is significantly higher than CL=F's -11.55% return. Over the past 10 years, ^XNG has underperformed CL=F with an annualized return of -1.71%, while CL=F has yielded a comparatively higher 0.65% annualized return.
^XNG
3.32%
-4.25%
6.64%
10.97%
23.41%
-1.71%
CL=F
-11.55%
-9.87%
-12.20%
-24.84%
32.47%
0.65%
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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
The current volatility for NYSE Arca Natural Gas Index (^XNG) is 12.94%, while Crude Oil WTI (CL=F) has a volatility of 14.56%. This indicates that ^XNG experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.