LNGX vs. OILT

Last updated Jun 4, 2026

LNGX (Global X U.S. Natural Gas ETF) and OILT (Texas Capital Texas Oil Index ETF) are both Energy Equities funds - LNGX tracks the Global X U.S. Natural Gas Index while OILT tracks the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. LNGX charges 0.45%/yr vs 0.35%/yr for OILT.

Performance

LNGX vs. OILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and Texas Capital Texas Oil Index ETF (OILT). 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 OILT's 35.33% return.

LNGX

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

OILT

• 1D: 1.74%
• 1M: -4.77%
• YTD: 35.33%
• 6M: 29.79%
• 1Y: 47.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. OILT - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	20.47%	5.97%
OILT Texas Capital Texas Oil Index ETF	35.33%	5.98%

Correlation

The correlation between LNGX and OILT is 0.90, 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	0.90

Return for Risk

LNGX vs. OILT — Risk / Return Rank

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

OILT

OILT Risk / Return Rank: 51
OILT Sharpe Ratio Rank: 49
OILT Sortino Ratio Rank: 45
OILT Omega Ratio Rank: 42
OILT Calmar Ratio Rank: 70
OILT Martin Ratio Rank: 50

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. OILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Texas Capital Texas Oil Index ETF (OILT). 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	OILT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.10	0.42	+1.68

Drawdowns

LNGX vs. OILT - Drawdown Comparison

The maximum LNGX drawdown since its inception was -14.31%, smaller than the maximum OILT drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for LNGX and OILT.

Drawdown Indicators

	LNGX	OILT	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-35.21%	+20.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.79%	—
Current Drawdown Current decline from peak	-11.36%	-8.67%	-2.69%
Average Drawdown Average peak-to-trough decline	-4.37%	-12.93%	+8.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.66%	—

Volatility

Volatility by Period

	LNGX	OILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.67%	28.09%	-3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.67%	28.72%	-4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	28.72%	-4.05%

LNGX vs. OILT - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is higher than OILT's 0.35% expense ratio.

Dividends

LNGX vs. OILT - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.22%, less than OILT's 2.43% yield.

Position	TTM	2025	2024
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%	0.00%
OILT Texas Capital Texas Oil Index ETF	2.43%	3.12%	2.63%

Frequently Asked Questions

Can I hold both LNGX and OILT in my portfolio?

LNGX and OILT have a correlation of 0.90, 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 OILT?

On fees, OILT is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LNGX or OILT?

OILT is cheaper with a 0.35% expense ratio, compared with 0.45% for LNGX.

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

OILT has the higher dividend yield at 2.43%, compared with 0.22% for LNGX.

What is the main difference between LNGX and OILT?

LNGX tracks Global X U.S. Natural Gas Index, while OILT tracks Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. They also come from different issuers: Global X and Texas Capital. Their fees differ too: 0.45% for LNGX and 0.35% for OILT.