LNGX vs. DVXE

Last updated Jun 5, 2026

LNGX (Global X U.S. Natural Gas ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds - LNGX tracks the Global X U.S. Natural Gas Index while DVXE tracks the Syntax Defined Volatility XLE Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. LNGX charges 0.45%/yr vs 0.89%/yr for DVXE.

Performance

LNGX vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and WEBs Energy XLE Defined Volatility ETF (DVXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LNGX achieves a 21.25% return, which is significantly lower than DVXE's 44.86% return.

LNGX

• 1D: 0.65%
• 1M: -4.94%
• YTD: 21.25%
• 6M: 14.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: -0.08%
• 1M: -2.12%
• YTD: 44.86%
• 6M: 38.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	21.25%	5.97%
DVXE WEBs Energy XLE Defined Volatility ETF	44.86%	2.63%

Correlation

The correlation between LNGX and DVXE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.83

Return for Risk

LNGX vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and WEBs Energy XLE Defined Volatility ETF (DVXE). 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

	LNGX	DVXE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.15	1.98	+0.18

Drawdowns

LNGX vs. DVXE - Drawdown Comparison

The maximum LNGX drawdown since its inception was -14.31%, smaller than the maximum DVXE drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for LNGX and DVXE.

Drawdown Indicators

	LNGX	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-17.96%	+3.65%
Current Drawdown Current decline from peak	-10.78%	-12.06%	+1.28%
Average Drawdown Average peak-to-trough decline	-4.41%	-5.83%	+1.42%

Volatility

Volatility by Period

	LNGX	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.60%	31.16%	-6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.60%	31.16%	-6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.60%	31.16%	-6.56%

LNGX vs. DVXE - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

LNGX vs. DVXE - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.22%, while DVXE has not paid dividends to shareholders.

Position	TTM	2025
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%

Frequently Asked Questions

Can I hold both LNGX and DVXE in my portfolio?

LNGX and DVXE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LNGX or DVXE?

On fees, LNGX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LNGX or DVXE?

LNGX is cheaper with a 0.45% expense ratio, compared with 0.89% for DVXE.

Which ETF pays a higher dividend yield, LNGX or DVXE?

LNGX has the higher dividend yield at 0.22%, compared with 0.00% for DVXE.

What is the main difference between LNGX and DVXE?

LNGX tracks Global X U.S. Natural Gas Index, while DVXE tracks Syntax Defined Volatility XLE Index. They also come from different issuers: Global X and WEBs. Their fees differ too: 0.45% for LNGX and 0.89% for DVXE.