LNGX vs. HAP

Last updated Apr 1, 2026

Compare and contrast key facts about Global X U.S. Natural Gas ETF (LNGX) and VanEck Natural Resources ETF (HAP).

LNGX and HAP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LNGX is a passively managed fund by Global X that tracks the performance of the Global X U.S. Natural Gas Index. It was launched on Oct 28, 2025. HAP is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Natural Resources Index. It was launched on Aug 29, 2008. Both LNGX and HAP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LNGX vs. HAP - Performance Comparison

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

LNGX vs. HAP - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	30.75%	5.97%
HAP VanEck Natural Resources ETF	20.50%	6.78%

Returns By Period

In the year-to-date period, LNGX achieves a 30.75% return, which is significantly higher than HAP's 20.50% return.

LNGX

• 1D: -2.40%
• 1M: 11.06%
• YTD: 30.75%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HAP

• 1D: 2.33%
• 1M: -2.27%
• YTD: 20.50%
• 6M: 29.86%
• 1Y: 48.82%
• 3Y*: 16.84%
• 5Y*: 12.99%
• 10Y*: 12.75%

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

LNGX vs. HAP - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is higher than HAP's 0.42% expense ratio.

LNGX

Global X U.S. Natural Gas ETF

HAP

VanEck Natural Resources ETF

Return for Risk

LNGX vs. HAP — Risk / Return Rank

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

HAP

HAP Risk / Return Rank: 96
HAP Sharpe Ratio Rank: 96
HAP Sortino Ratio Rank: 96
HAP Omega Ratio Rank: 96
HAP Calmar Ratio Rank: 94
HAP Martin Ratio Rank: 97

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.

LNGX vs. HAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and VanEck Natural Resources ETF (HAP). 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	HAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.34	0.26	+5.09

Correlation

The correlation between LNGX and HAP is 0.40, 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

LNGX vs. HAP - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.20%, less than HAP's 1.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNGX Global X U.S. Natural Gas ETF	0.20%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HAP VanEck Natural Resources ETF	1.88%	2.27%	2.65%	3.27%	3.28%	2.16%	2.45%	2.80%	2.85%	2.02%	1.99%	3.00%

Drawdowns

LNGX vs. HAP - Drawdown Comparison

The maximum LNGX drawdown since its inception was -8.71%, smaller than the maximum HAP drawdown of -50.73%. Use the drawdown chart below to compare losses from any high point for LNGX and HAP.

Drawdown Indicators

	LNGX	HAP	Difference
Max Drawdown Largest peak-to-trough decline	-8.71%	-50.73%	+42.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.07%	—
Current Drawdown Current decline from peak	-3.79%	-2.61%	-1.18%
Average Drawdown Average peak-to-trough decline	-2.22%	-12.13%	+9.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.60%	—

Volatility

Volatility by Period

	LNGX	HAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.63%	18.94%	+3.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	18.30%	+4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	19.81%	+2.82%