LNGX vs. RNWZ

Last updated Apr 4, 2026

Compare and contrast key facts about Global X U.S. Natural Gas ETF (LNGX) and TrueShares Eagle Global Renewable Energy Income ETF (RNWZ).

LNGX and RNWZ 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. RNWZ is an actively managed fund by TrueShares. It was launched on Dec 7, 2022.

Performance

LNGX vs. RNWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). The values are adjusted to include any dividend payments, if applicable.

LNGX vs. RNWZ - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	27.72%	5.97%
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	18.28%	2.28%

Returns By Period

In the year-to-date period, LNGX achieves a 27.72% return, which is significantly higher than RNWZ's 18.28% return.

LNGX

• 1D: 0.57%
• 1M: 6.57%
• YTD: 27.72%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RNWZ

• 1D: 1.07%
• 1M: 5.17%
• YTD: 18.28%
• 6M: 24.30%
• 1Y: 46.86%
• 3Y*: 12.96%
• 5Y*: —
• 10Y*: —

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

LNGX vs. RNWZ - Expense Ratio Comparison

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

RNWZ

TrueShares Eagle Global Renewable Energy Income ETF

LNGX

Global X U.S. Natural Gas ETF

Return for Risk

LNGX vs. RNWZ — Risk / Return Rank

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

RNWZ

RNWZ Risk / Return Rank: 97
RNWZ Sharpe Ratio Rank: 97
RNWZ Sortino Ratio Rank: 97
RNWZ Omega Ratio Rank: 97
RNWZ Calmar Ratio Rank: 95
RNWZ 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. RNWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). 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	RNWZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.61	0.69	+3.93

Correlation

The correlation between LNGX and RNWZ is 0.07, 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. RNWZ - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.21%, less than RNWZ's 1.89% yield.

	TTM	2025	2024	2023	2022
LNGX Global X U.S. Natural Gas ETF	0.21%	0.27%	0.00%	0.00%	0.00%
RNWZ TrueShares Eagle Global Renewable Energy Income ETF	1.89%	2.12%	2.36%	3.87%	0.01%

Drawdowns

LNGX vs. RNWZ - Drawdown Comparison

The maximum LNGX drawdown since its inception was -8.71%, smaller than the maximum RNWZ drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for LNGX and RNWZ.

Drawdown Indicators

	LNGX	RNWZ	Difference
Max Drawdown Largest peak-to-trough decline	-8.71%	-24.90%	+16.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.66%	—
Current Drawdown Current decline from peak	-6.02%	0.00%	-6.02%
Average Drawdown Average peak-to-trough decline	-2.30%	-7.42%	+5.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.40%	—

Volatility

Volatility by Period

	LNGX	RNWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.95%	16.89%	+6.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	16.87%	+6.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.95%	16.87%	+6.08%