GXPE vs. USNG

Last updated Jun 5, 2026

GXPE (Global X PureCap MSCI Energy ETF) and USNG (Amplify Samsung U.S. Natural Gas Infrastructure ETF) are both Energy Equities funds. GXPE is passively managed, while USNG is actively managed. At a 0.44 correlation, their price movements are largely independent. GXPE charges 0.15%/yr vs 0.59%/yr for USNG.

Performance

GXPE vs. USNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Energy ETF (GXPE) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPE achieves a 30.84% return, which is significantly lower than USNG's 32.96% return.

GXPE

• 1D: -0.26%
• 1M: -1.57%
• YTD: 30.84%
• 6M: 28.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USNG

• 1D: 1.17%
• 1M: -1.33%
• YTD: 32.96%
• 6M: 27.11%
• 1Y: 44.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GXPE vs. USNG - Yearly Performance Comparison

	2026 (YTD)	2025
GXPE Global X PureCap MSCI Energy ETF	30.84%	4.62%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	32.96%	8.36%

Correlation

The correlation between GXPE and USNG is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.44

Return for Risk

GXPE vs. USNG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USNG

USNG Risk / Return Rank: 86
USNG Sharpe Ratio Rank: 84
USNG Sortino Ratio Rank: 83
USNG Omega Ratio Rank: 77
USNG Calmar Ratio Rank: 93
USNG Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXPE vs. USNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GXPE	USNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.15	2.75	-0.60

Drawdowns

GXPE vs. USNG - Drawdown Comparison

The maximum GXPE drawdown since its inception was -12.37%, which is greater than USNG's maximum drawdown of -6.82%. Use the drawdown chart below to compare losses from any high point for GXPE and USNG.

Drawdown Indicators

	GXPE	USNG	Difference
Max Drawdown Largest peak-to-trough decline	-12.37%	-6.82%	-5.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.82%	—
Current Drawdown Current decline from peak	-7.12%	-2.98%	-4.14%
Average Drawdown Average peak-to-trough decline	-3.23%	-1.41%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.07%	—

Volatility

Volatility by Period

	GXPE	USNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.38%	16.50%	+3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	16.55%	+3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.38%	16.55%	+3.83%

GXPE vs. USNG - Expense Ratio Comparison

GXPE has a 0.15% expense ratio, which is lower than USNG's 0.59% expense ratio.

Dividends

GXPE vs. USNG - Dividend Comparison

GXPE's dividend yield for the trailing twelve months is around 0.92%, less than USNG's 1.11% yield.

Position	TTM	2025
GXPE Global X PureCap MSCI Energy ETF	0.92%	1.20%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.11%	1.10%

Frequently Asked Questions

Can I hold both GXPE and USNG in my portfolio?

GXPE and USNG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPE or USNG?

On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXPE or USNG?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.59% for USNG.

Which ETF pays a higher dividend yield, GXPE or USNG?

USNG has the higher dividend yield at 1.11%, compared with 0.92% for GXPE.

What is the main difference between GXPE and USNG?

They also come from different issuers: Global X and Amplify. Their fees differ too: 0.15% for GXPE and 0.59% for USNG.