LNGX vs. MGNR

Last updated Apr 2, 2026

Compare and contrast key facts about Global X U.S. Natural Gas ETF (LNGX) and American Beacon GLG Natural Resources ETF (MGNR).

LNGX and MGNR 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. MGNR is an actively managed fund by American Beacon. It was launched on Feb 5, 2024.

Performance

LNGX vs. MGNR - Performance Comparison

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

LNGX vs. MGNR - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	26.99%	5.97%
MGNR American Beacon GLG Natural Resources ETF	17.82%	8.48%

Returns By Period

In the year-to-date period, LNGX achieves a 26.99% return, which is significantly higher than MGNR's 17.82% return.

LNGX

• 1D: -2.87%
• 1M: 5.12%
• YTD: 26.99%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MGNR

• 1D: 0.74%
• 1M: -4.73%
• YTD: 17.82%
• 6M: 27.81%
• 1Y: 75.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. MGNR - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is lower than MGNR's 0.75% expense ratio.

MGNR

American Beacon GLG Natural Resources ETF

LNGX

Global X U.S. Natural Gas ETF

Return for Risk

LNGX vs. MGNR — Risk / Return Rank

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

MGNR

MGNR Risk / Return Rank: 96
MGNR Sharpe Ratio Rank: 96
MGNR Sortino Ratio Rank: 95
MGNR Omega Ratio Rank: 96
MGNR Calmar Ratio Rank: 96
MGNR 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. MGNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and American Beacon GLG Natural Resources ETF (MGNR). 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	MGNR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.53	1.73	+2.80

Correlation

The correlation between LNGX and MGNR 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

LNGX vs. MGNR - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.21%, less than MGNR's 0.99% yield.

	TTM	2025	2024
LNGX Global X U.S. Natural Gas ETF	0.21%	0.27%	0.00%
MGNR American Beacon GLG Natural Resources ETF	0.99%	1.17%	0.79%

Drawdowns

LNGX vs. MGNR - Drawdown Comparison

The maximum LNGX drawdown since its inception was -8.71%, smaller than the maximum MGNR drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for LNGX and MGNR.

Drawdown Indicators

	LNGX	MGNR	Difference
Max Drawdown Largest peak-to-trough decline	-8.71%	-22.06%	+13.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.06%	—
Current Drawdown Current decline from peak	-6.55%	-4.73%	-1.82%
Average Drawdown Average peak-to-trough decline	-2.26%	-4.01%	+1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.58%	—

Volatility

Volatility by Period

	LNGX	MGNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.06%	27.73%	-4.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.06%	25.39%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.06%	25.39%	-2.33%