LNGX vs. GXPE

Last updated Jun 4, 2026

LNGX (Global X U.S. Natural Gas ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds from Global X - LNGX tracks the Global X U.S. Natural Gas Index while GXPE tracks the MSCI USA Energy PureCap Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. LNGX charges 0.45%/yr vs 0.15%/yr for GXPE.

Performance

LNGX vs. GXPE - Performance Comparison

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

Returns By Period

In the year-to-date period, LNGX achieves a 20.47% return, which is significantly lower than GXPE's 31.18% return.

LNGX

• 1D: 0.76%
• 1M: -6.84%
• YTD: 20.47%
• 6M: 13.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPE

• 1D: 1.65%
• 1M: -1.13%
• YTD: 31.18%
• 6M: 29.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. GXPE - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	20.47%	5.97%
GXPE Global X PureCap MSCI Energy ETF	31.18%	2.38%

Correlation

The correlation between LNGX and GXPE 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. GXPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Global X PureCap MSCI Energy ETF (GXPE). 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	GXPE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.10	2.18	-0.08

Drawdowns

LNGX vs. GXPE - Drawdown Comparison

The maximum LNGX drawdown since its inception was -14.31%, which is greater than GXPE's maximum drawdown of -12.37%. Use the drawdown chart below to compare losses from any high point for LNGX and GXPE.

Drawdown Indicators

	LNGX	GXPE	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-12.37%	-1.94%
Current Drawdown Current decline from peak	-11.36%	-6.88%	-4.48%
Average Drawdown Average peak-to-trough decline	-4.37%	-3.21%	-1.16%

Volatility

Volatility by Period

	LNGX	GXPE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.67%	20.42%	+4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.67%	20.42%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	20.42%	+4.25%

LNGX vs. GXPE - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is higher than GXPE's 0.15% expense ratio.

Dividends

LNGX vs. GXPE - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.22%, less than GXPE's 0.92% yield.

Position	TTM	2025
GXPE Global X PureCap MSCI Energy ETF	0.92%	1.20%
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%

Frequently Asked Questions

Can I hold both LNGX and GXPE in my portfolio?

LNGX and GXPE 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 GXPE?

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, LNGX or GXPE?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.45% for LNGX.

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

GXPE has the higher dividend yield at 0.92%, compared with 0.22% for LNGX.

What is the main difference between LNGX and GXPE?

LNGX tracks Global X U.S. Natural Gas Index, while GXPE tracks MSCI USA Energy PureCap Index. Their fees differ too: 0.45% for LNGX and 0.15% for GXPE.