LNGX vs. TNGY

Last updated Jul 17, 2026

LNGX (Global X U.S. Natural Gas ETF) and TNGY (Tortoise Energy Fund) are both Energy Equities funds. LNGX is passively managed, while TNGY is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. LNGX charges 0.45%/yr vs 0.85%/yr for TNGY.

Performance

LNGX vs. TNGY - Performance Comparison

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

Returns By Period

In the year-to-date period, LNGX achieves a 16.45% return, which is significantly higher than TNGY's 15.24% return.

LNGX

• 1D: 0.41%
• 1M: 3.09%
• 6M: 17.84%
• YTD: 16.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TNGY

• 1D: 0.20%
• 1M: 5.35%
• 6M: 14.42%
• YTD: 15.24%
• 1Y: 18.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LNGX vs. TNGY - Yearly Performance Comparison

	2026 (YTD)	2025
LNGX Global X U.S. Natural Gas ETF	16.45%	5.29%
TNGY Tortoise Energy Fund	15.24%	2.32%

Correlation

The correlation between LNGX and TNGY is 0.80, 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 Oct 29, 2025	0.80

Return for Risk

LNGX vs. TNGY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

TNGY

TNGY Risk / Return Rank: 39
TNGY Sharpe Ratio Rank: 39
TNGY Sortino Ratio Rank: 36
TNGY Omega Ratio Rank: 35
TNGY Calmar Ratio Rank: 46
TNGY Martin Ratio Rank: 39

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. TNGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Natural Gas ETF (LNGX) and Tortoise Energy Fund (TNGY). 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	TNGY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.14	—
Sortino ratio: Return per unit of downside risk	—	1.60	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.90	—
Martin ratio: Return relative to average drawdown	—	4.98	—

Drawdowns

LNGX vs. TNGY - Drawdown Comparison

The maximum LNGX drawdown since its inception was -17.89%, which is greater than TNGY's maximum drawdown of -9.79%. Use the drawdown chart below to compare losses from any high point for LNGX and TNGY.

Drawdown Indicators

	LNGX	TNGY	Difference
Max Drawdown Largest peak-to-trough decline	-17.89%	-9.79%	-8.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.79%	—
Current Drawdown Current decline from peak	-14.31%	-3.89%	-10.42%
Average Drawdown Average peak-to-trough decline	-6.11%	-3.75%	-2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.72%	—

Volatility

Volatility by Period

	LNGX	TNGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.83%	16.30%	+8.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.83%	16.47%	+8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.83%	16.47%	+8.36%

LNGX vs. TNGY - Expense Ratio Comparison

LNGX has a 0.45% expense ratio, which is lower than TNGY's 0.85% expense ratio.

Dividends

LNGX vs. TNGY - Dividend Comparison

LNGX's dividend yield for the trailing twelve months is around 0.85%, less than TNGY's 4.61% yield.

Position	TTM	2025
LNGX Global X U.S. Natural Gas ETF	0.85%	0.27%
TNGY Tortoise Energy Fund	4.61%	2.59%

Frequently Asked Questions

Can I hold both LNGX and TNGY in my portfolio?

LNGX and TNGY have a correlation of 0.80, 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 TNGY?

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 TNGY?

LNGX is cheaper with a 0.45% expense ratio, compared with 0.85% for TNGY.

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

TNGY has the higher dividend yield at 4.61%, compared with 0.85% for LNGX.

What is the main difference between LNGX and TNGY?

They also come from different issuers: Global X and Tortoise Capital. Their fees differ too: 0.45% for LNGX and 0.85% for TNGY.