LNGX vs. PSCE

Last updated Aug 2, 2026

LNGX (Global X U.S. Natural Gas ETF) and PSCE (Invesco S&P SmallCap Energy ETF) are both Energy Equities funds - LNGX tracks the Global X U.S. Natural Gas Index while PSCE tracks the S&P SmallCap 600 Energy Index. Both are passively managed. Their 0.77 correlation means they have sometimes moved together and sometimes differently. LNGX charges 0.45%/yr vs 0.29%/yr for PSCE.

Performance

LNGX vs. PSCE - Performance Comparison

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

Returns By Period

In the year-to-date period, LNGX achieves a 22.02% return, which is significantly lower than PSCE's 35.93% return.

LNGX

• 1D: 1.79%
• 1M: 8.11%
• 6M: 12.58%
• YTD: 22.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PSCE

• 1D: 1.76%
• 1M: 7.67%
• 6M: 15.91%
• YTD: 35.93%
• 1Y: 55.62%
• 3Y*: 3.86%
• 5Y*: 13.60%
• 10Y*: -1.41%
• ALL TIME*: -3.92%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LNGX Global X U.S. Natural Gas ETF	$559.43K	$459.98K	$618.90K
PSCE Invesco S&P SmallCap Energy ETF	$1.43M	$1.38M	$1.78M

LNGX vs. PSCE - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	22.02%	5.29%
PSCE Invesco S&P SmallCap Energy ETF	35.93%	2.06%

Correlation

The correlation between LNGX and PSCE is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	0.77

Return for Risk

LNGX vs. PSCE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LNGX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSCE

PSCE Risk / Return Rank: 76
PSCE Sharpe Ratio Rank: 79
PSCE Sortino Ratio Rank: 74
PSCE Omega Ratio Rank: 70
PSCE Calmar Ratio Rank: 82
PSCE Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LNGX vs. PSCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Invesco S&P SmallCap Energy ETF (PSCE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LNGX	PSCE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.80	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.04	—
Martin ratio: Return relative to average drawdown	—	9.13	—

Drawdowns

LNGX vs. PSCE - Drawdown Comparison

The maximum LNGX drawdown since its inception was -17.89%, smaller than the maximum PSCE drawdown of -96.21%. Use the drawdown chart below to compare losses from any high point for LNGX and PSCE.

Drawdown Indicators

	LNGX	PSCE	Difference
Max Drawdown Largest peak-to-trough decline	-17.89%	-96.21%	+78.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-44.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.70%	—
Current Drawdown Current decline from peak	-10.22%	-75.85%	+65.63%
Average Drawdown Average peak-to-trough decline	-6.42%	-58.99%	+52.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.39%	—

Volatility

Volatility by Period

	LNGX	PSCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.06%	27.41%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.06%	36.95%	-11.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.06%	43.02%	-17.96%

LNGX vs. PSCE - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is higher than PSCE's 0.29% expense ratio.

Dividends

LNGX vs. PSCE - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.81%, less than PSCE's 2.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNGX Global X U.S. Natural Gas ETF	0.81%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCE Invesco S&P SmallCap Energy ETF	2.22%	2.39%	1.70%	2.57%	1.70%	0.46%	0.87%	0.14%	0.22%	0.04%	0.22%	0.82%

Frequently Asked Questions

Can I hold both LNGX and PSCE in my portfolio?

LNGX and PSCE have a correlation of 0.77, 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 PSCE?

On fees, PSCE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LNGX or PSCE?

PSCE is cheaper with a 0.29% expense ratio, compared with 0.45% for LNGX.

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

PSCE has the higher dividend yield at 2.22%, compared with 0.81% for LNGX.

What is the main difference between LNGX and PSCE?

LNGX tracks Global X U.S. Natural Gas Index, while PSCE tracks S&P SmallCap 600 Energy Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.45% for LNGX and 0.29% for PSCE.