LNGX vs. PBOG

Last updated Jun 4, 2026

LNGX (Global X U.S. Natural Gas ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both exchange-traded funds - LNGX is a Energy Equities fund tracking the Global X U.S. Natural Gas Index, while PBOG is a Oil & Gas fund tracking the BITA Global Oil & Gas Select Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. LNGX charges 0.45%/yr vs 0.13%/yr for PBOG.

Performance

LNGX vs. PBOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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 PBOG's 32.22% return.

LNGX

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

PBOG

• 1D: 1.23%
• 1M: -2.32%
• YTD: 32.22%
• 6M: 29.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. PBOG - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	20.47%	-0.64%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	32.22%	1.62%

Correlation

The correlation between LNGX and PBOG is 0.85, 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 Nov 26, 2025	0.85

Return for Risk

LNGX vs. PBOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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	PBOG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.10	3.31	-1.21

Drawdowns

LNGX vs. PBOG - Drawdown Comparison

The maximum LNGX drawdown since its inception was -14.31%, which is greater than PBOG's maximum drawdown of -11.45%. Use the drawdown chart below to compare losses from any high point for LNGX and PBOG.

Drawdown Indicators

	LNGX	PBOG	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-11.45%	-2.86%
Current Drawdown Current decline from peak	-11.36%	-6.81%	-4.55%
Average Drawdown Average peak-to-trough decline	-4.37%	-3.10%	-1.27%

Volatility

Volatility by Period

	LNGX	PBOG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.67%	23.67%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.67%	23.67%	+1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	23.67%	+1.00%

LNGX vs. PBOG - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is higher than PBOG's 0.13% expense ratio.

Dividends

LNGX vs. PBOG - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.22%, more than PBOG's 0.13% yield.

Position	TTM	2025
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.13%	0.17%

Frequently Asked Questions

Can I hold both LNGX and PBOG in my portfolio?

LNGX and PBOG have a correlation of 0.85, 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 PBOG?

On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LNGX or PBOG?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.45% for LNGX.

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

LNGX has the higher dividend yield at 0.22%, compared with 0.13% for PBOG.

What is the main difference between LNGX and PBOG?

LNGX is categorized as Energy Equities, while PBOG is Oil & Gas. LNGX tracks Global X U.S. Natural Gas Index, while PBOG tracks BITA Global Oil & Gas Select Index. They also come from different issuers: Global X and Portfolio Building Blocks. Their fees differ too: 0.45% for LNGX and 0.13% for PBOG.