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LNGX vs. QYLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

LNGX vs. QYLD

Last updated Apr 2, 2026

Compare and contrast key facts about Global X U.S. Natural Gas ETF (LNGX) and Global X NASDAQ 100 Covered Call ETF (QYLD).

LNGX and QYLD 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. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013. Both LNGX and QYLD 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. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

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LNGX vs. QYLD - Yearly Performance Comparison

2026 (YTD)2025
LNGX
Global X U.S. Natural Gas ETF		26.99%5.97%
QYLD
Global X NASDAQ 100 Covered Call ETF		0.61%3.38%

Returns By Period

In the year-to-date period, LNGX achieves a 26.99% return, which is significantly higher than QYLD's 0.61% return.

LNGX

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

QYLD

1D
0.58%
1M
-1.11%
YTD
0.61%
6M
7.46%
1Y
16.36%
3Y*
13.19%
5Y*
7.01%
10Y*
8.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X U.S. Natural Gas ETF

Global X NASDAQ 100 Covered Call ETF

Often compared with LNGX:
LNGX vs. BILDLNGX vs. SHLDLNGX vs. IONLNGX vs. PSCELNGX vs. FENYLNGX vs. BKGILNGX vs. COPX
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

LNGX vs. QYLD - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is lower than QYLD's 0.60% expense ratio.

QYLD
Global X NASDAQ 100 Covered Call ETF
LNGX
Global X U.S. Natural Gas ETF

Return for Risk

LNGX vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LNGX
QYLD
QYLD Risk / Return Rank: 6868
Overall Rank
QYLD Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 6161
Sortino Ratio Rank
QYLD Omega Ratio Rank: 7979
Omega Ratio Rank
QYLD Calmar Ratio Rank: 5959
Calmar Ratio Rank
QYLD Martin Ratio Rank: 8585
Martin Ratio Rank
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. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.

LNGX vs. QYLD - Sharpe Ratio Comparison

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Sharpe Ratios by Period

LNGXQYLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

1.00

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.47

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.58

—

Sharpe Ratio (All Time)

Calculated using the full available price history

4.53

0.56

+3.97

Correlation

The correlation between LNGX and QYLD is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

LNGX vs. QYLD - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.21%, less than QYLD's 11.85% yield.

TTM20252024202320222021202020192018201720162015
LNGX
Global X U.S. Natural Gas ETF		0.21%0.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF		11.85%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%

Drawdowns

LNGX vs. QYLD - Drawdown Comparison

The maximum LNGX drawdown since its inception was -8.71%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for LNGX and QYLD.

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Drawdown Indicators

LNGXQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-8.71%

-24.75%

+16.04%

Max Drawdown (1Y)

Largest decline over 1 year

—

-10.84%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.61%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.75%

—

Current Drawdown

Current decline from peak

-6.55%

-1.84%

-4.71%

Average Drawdown

Average peak-to-trough decline

-2.26%

-3.89%

+1.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.65%

—

Volatility

LNGX vs. QYLD - Volatility Comparison

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Volatility by Period

LNGXQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.90%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.50%

—

Volatility (1Y)

Calculated over the trailing 1-year period

23.06%

16.43%

+6.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.06%

14.84%

+8.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.06%

15.51%

+7.55%