LNGX vs. SETM

Last updated Jun 4, 2026

LNGX (Global X U.S. Natural Gas ETF) and SETM (Sprott Energy Transition Materials ETF) are both Energy Equities funds - LNGX tracks the Global X U.S. Natural Gas Index while SETM tracks the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. Both are passively managed. At a correlation of -0.07, they often move in opposite directions. LNGX charges 0.45%/yr vs 0.65%/yr for SETM.

Performance

LNGX vs. SETM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Natural Gas ETF (LNGX) and Sprott Energy Transition Materials ETF (SETM). 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 SETM's 27.22% return.

LNGX

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

SETM

• 1D: -4.09%
• 1M: 2.39%
• YTD: 27.22%
• 6M: 33.66%
• 1Y: 144.21%
• 3Y*: 30.90%
• 5Y*: —
• 10Y*: —

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

LNGX vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	20.47%	5.97%
SETM Sprott Energy Transition Materials ETF	27.22%	8.71%

Correlation

The correlation between LNGX and SETM is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	-0.07

Return for Risk

LNGX vs. SETM — Risk / Return Rank

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

SETM

SETM Risk / Return Rank: 82
SETM Sharpe Ratio Rank: 91
SETM Sortino Ratio Rank: 71
SETM Omega Ratio Rank: 72
SETM Calmar Ratio Rank: 90
SETM Martin Ratio Rank: 84

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. SETM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Sprott Energy Transition Materials ETF (SETM). 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	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.25	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.10	0.59	+1.50

Drawdowns

LNGX vs. SETM - Drawdown Comparison

The maximum LNGX drawdown since its inception was -14.31%, smaller than the maximum SETM drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for LNGX and SETM.

Drawdown Indicators

	LNGX	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	-42.81%	+28.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.85%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-42.81%	—
Current Drawdown Current decline from peak	-11.36%	-7.30%	-4.06%
Average Drawdown Average peak-to-trough decline	-4.37%	-14.26%	+9.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.31%	—

Volatility

Volatility by Period

	LNGX	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.67%	44.71%	-20.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.67%	36.57%	-11.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	36.57%	-11.90%

LNGX vs. SETM - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is lower than SETM's 0.65% expense ratio.

Dividends

LNGX vs. SETM - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.22%, less than SETM's 1.23% yield.

Position	TTM	2025	2024	2023
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%	0.00%	0.00%
SETM Sprott Energy Transition Materials ETF	1.23%	1.56%	2.07%	2.47%

Frequently Asked Questions

Can I hold both LNGX and SETM in my portfolio?

LNGX and SETM have a correlation of -0.07, 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 SETM?

On fees, LNGX is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LNGX or SETM?

LNGX is cheaper with a 0.45% expense ratio, compared with 0.65% for SETM.

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

SETM has the higher dividend yield at 1.23%, compared with 0.22% for LNGX.

What is the main difference between LNGX and SETM?

LNGX tracks Global X U.S. Natural Gas Index, while SETM tracks Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. They also come from different issuers: Global X and Sprott. Their fees differ too: 0.45% for LNGX and 0.65% for SETM.