LNG vs. NEXT

Last updated Apr 1, 2026

Compare and contrast key facts about Cheniere Energy, Inc. (LNG) and NextDecade Corporation (NEXT).

Performance

LNG vs. NEXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cheniere Energy, Inc. (LNG) and NextDecade Corporation (NEXT). The values are adjusted to include any dividend payments, if applicable.

LNG vs. NEXT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNG Cheniere Energy, Inc.	46.36%	-8.70%	27.18%	15.02%	49.30%	69.48%	-1.70%	3.18%	9.94%	29.95%
NEXT NextDecade Corporation	45.35%	-31.65%	61.64%	-3.44%	73.33%	36.36%	-65.96%	13.70%	-35.10%	-17.79%

Fundamentals

EPS LNG : $24.33 NEXT : -$0.74
Total Revenue (TTM) LNG : $19.98B NEXT : $0.00
Gross Profit (TTM) LNG : $5.46B NEXT : -$13.37M
EBITDA (TTM) LNG : $9.75B NEXT : $92.12M

Returns By Period

The year-to-date returns for both stocks are quite close, with LNG having a 46.36% return and NEXT slightly lower at 45.35%. Over the past 10 years, LNG has outperformed NEXT with an annualized return of 24.28%, while NEXT has yielded a comparatively lower -2.53% annualized return.

LNG

• 1D: -3.36%
• 1M: 20.38%
• YTD: 46.36%
• 6M: 21.40%
• 1Y: 23.80%
• 3Y*: 22.87%
• 5Y*: 32.83%
• 10Y*: 24.28%

NEXT

• 1D: -4.84%
• 1M: 42.12%
• YTD: 45.35%
• 6M: 12.81%
• 1Y: -1.54%
• 3Y*: 15.51%
• 5Y*: 23.84%
• 10Y*: -2.53%

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

Return for Risk

LNG vs. NEXT — Risk / Return Rank

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

LNG

LNG Risk / Return Rank: 66
LNG Sharpe Ratio Rank: 71
LNG Sortino Ratio Rank: 63
LNG Omega Ratio Rank: 64
LNG Calmar Ratio Rank: 67
LNG Martin Ratio Rank: 67

NEXT

NEXT Risk / Return Rank: 40
NEXT Sharpe Ratio Rank: 39
NEXT Sortino Ratio Rank: 41
NEXT Omega Ratio Rank: 41
NEXT Calmar Ratio Rank: 39
NEXT Martin Ratio Rank: 40

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.

LNG vs. NEXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy, Inc. (LNG) and NextDecade Corporation (NEXT). 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.

	LNG	NEXT	Difference
Sharpe ratio Return per unit of total volatility	0.81	-0.02	+0.83
Sortino ratio Return per unit of downside risk	1.25	0.44	+0.81
Omega ratio Gain probability vs. loss probability	1.17	1.06	+0.11
Calmar ratio Return relative to maximum drawdown	1.19	-0.08	+1.27
Martin ratio Return relative to average drawdown	2.72	-0.13	+2.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LNG vs. NEXT - Sharpe Ratio Comparison

The current LNG Sharpe Ratio is 0.81, which is higher than the NEXT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of LNG and NEXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LNG	NEXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	-0.02	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.11	0.29	+0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	-0.03	+0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	-0.03	+0.20

Correlation

The correlation between LNG and NEXT is 0.26, 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.

Dividends

LNG vs. NEXT - Dividend Comparison

LNG's dividend yield for the trailing twelve months is around 0.74%, while NEXT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
LNG Cheniere Energy, Inc.	0.74%	1.06%	0.84%	0.95%	0.92%	0.33%
NEXT NextDecade Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LNG vs. NEXT - Drawdown Comparison

The maximum LNG drawdown since its inception was -97.84%, which is greater than NEXT's maximum drawdown of -88.79%. Use the drawdown chart below to compare losses from any high point for LNG and NEXT.

Drawdown Indicators

	LNG	NEXT	Difference
Max Drawdown Largest peak-to-trough decline	-97.84%	-88.79%	-9.05%
Max Drawdown (1Y) Largest decline over 1 year	-22.34%	-60.00%	+37.66%
Max Drawdown (5Y) Largest decline over 5 years	-24.87%	-62.23%	+37.36%
Max Drawdown (10Y) Largest decline over 10 years	-57.53%	-88.79%	+31.26%
Current Drawdown Current decline from peak	-4.43%	-36.17%	+31.74%
Average Drawdown Average peak-to-trough decline	-43.35%	-39.14%	-4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.78%	38.38%	-28.60%

Volatility

LNG vs. NEXT - Volatility Comparison

The current volatility for Cheniere Energy, Inc. (LNG) is 11.40%, while NextDecade Corporation (NEXT) has a volatility of 22.31%. This indicates that LNG experiences smaller price fluctuations and is considered to be less risky than NEXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LNG	NEXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.40%	22.31%	-10.91%
Volatility (6M) Calculated over the trailing 6-month period	18.17%	42.32%	-24.15%
Volatility (1Y) Calculated over the trailing 1-year period	29.59%	66.17%	-36.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.87%	83.69%	-53.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.95%	86.55%	-53.60%

Financials