LNGX vs. EMHY
LNGX (Global X U.S. Natural Gas ETF) and EMHY (iShares J.P. Morgan EM High Yield Bond ETF) are both exchange-traded funds - LNGX is a Energy Equities fund tracking the Global X U.S. Natural Gas Index, while EMHY is a Emerging Markets Bonds fund tracking the J.P. Morgan USD Emerging Markets High Yield Bond Index. Both are passively managed. At a correlation of -0.32, they often move in opposite directions. LNGX charges 0.45%/yr vs 0.50%/yr for EMHY.
Performance
LNGX vs. EMHY - Performance Comparison
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Returns By Period
In the year-to-date period, LNGX achieves a 14.75% return, which is significantly higher than EMHY's 3.26% return.
LNGX
- 1D
- 0.55%
- 1M
- -7.91%
- YTD
- 14.75%
- 6M
- 14.52%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMHY
- 1D
- -0.15%
- 1M
- 1.64%
- YTD
- 3.26%
- 6M
- 3.35%
- 1Y
- 12.55%
- 3Y*
- 12.57%
- 5Y*
- 4.36%
- 10Y*
- 4.67%
LNGX vs. EMHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LNGX Global X U.S. Natural Gas ETF | 14.75% | 5.29% |
EMHY iShares J.P. Morgan EM High Yield Bond ETF | 3.26% | 1.54% |
Correlation
The correlation between LNGX and EMHY is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025 | -0.32 |
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Return for Risk
LNGX vs. EMHY — Risk / Return Rank
LNGX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMHY
LNGX vs. EMHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and iShares J.P. Morgan EM High Yield Bond ETF (EMHY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LNGX | EMHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.90 | — |
| Martin ratioReturn relative to average drawdown | — | 13.15 | — |
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Drawdowns
LNGX vs. EMHY - Drawdown Comparison
The maximum LNGX drawdown since its inception was -17.71%, smaller than the maximum EMHY drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for LNGX and EMHY.
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Drawdown Indicators
| LNGX | EMHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.71% | -30.11% | +12.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.11% | — |
Current DrawdownCurrent decline from peak | -15.56% | -0.47% | -15.09% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -4.88% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.96% | — |
Volatility
LNGX vs. EMHY - Volatility Comparison
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Volatility by Period
| LNGX | EMHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.89% | 5.74% | +19.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.89% | 9.11% | +15.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.89% | 10.66% | +14.23% |
LNGX vs. EMHY - Expense Ratio Comparison
LNGX has a 0.45% expense ratio, which is lower than EMHY's 0.50% expense ratio.
Dividends
LNGX vs. EMHY - Dividend Comparison
LNGX's dividend yield for the trailing twelve months is around 0.23%, less than EMHY's 6.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMHY iShares J.P. Morgan EM High Yield Bond ETF | 6.38% | 6.52% | 6.86% | 6.73% | 7.08% | 5.58% | 5.44% | 5.72% | 6.79% | 5.59% | 6.43% | 6.99% |
LNGX Global X U.S. Natural Gas ETF | 0.23% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LNGX and EMHY have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
LNGX is cheaper with a 0.45% expense ratio, compared with 0.50% for EMHY.
EMHY has the higher dividend yield at 6.38%, compared with 0.23% for LNGX.
LNGX is categorized as Energy Equities, while EMHY is Emerging Markets Bonds. LNGX tracks Global X U.S. Natural Gas Index, while EMHY tracks J.P. Morgan USD Emerging Markets High Yield Bond Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.45% for LNGX and 0.50% for EMHY.
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