LNGZX vs. UNG
LNGZX (Columbia Greater China Fund) and UNG (United States Natural Gas Fund LP) are both funds - LNGZX is a China Equities fund managed by Columbia, while UNG is a Oil & Gas fund tracking the Front Month Natural Gas Futures. Over the past 10 years, LNGZX returned 2.95%/yr vs -22.61%/yr for UNG. Their 0.04 correlation means their historical movements had little consistent relationship. LNGZX charges 1.25%/yr vs 1.17%/yr for UNG.
Performance
LNGZX vs. UNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LNGZX achieves a -10.99% return, which is significantly higher than UNG's -17.94% return. Over the past 10 years, LNGZX has outperformed UNG with an annualized return of 2.95%, while UNG has yielded a comparatively lower -22.61% annualized return.
LNGZX
- 1D
- 1.31%
- 1M
- 3.76%
- 6M
- -14.42%
- YTD
- -10.99%
- 1Y
- -2.31%
- 3Y*
- 1.74%
- 5Y*
- -8.49%
- 10Y*
- 2.95%
- ALL TIME*
- 7.28%
UNG
- 1D
- 0.50%
- 1M
- -13.13%
- 6M
- -40.47%
- YTD
- -17.94%
- 1Y
- -26.14%
- 3Y*
- -28.64%
- 5Y*
- -28.82%
- 10Y*
- -22.61%
- ALL TIME*
- -28.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $82.18M | $81.43M | $85.25M |
LNGZX vs. UNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LNGZX Columbia Greater China Fund | -10.99% | 27.49% | 12.29% | -18.70% | -28.42% | -25.21% | 46.04% | 32.95% | -20.01% | 59.90% |
UNG United States Natural Gas Fund LP | -17.94% | -27.07% | -17.11% | -64.04% | 12.89% | 35.76% | -45.43% | -31.77% | 5.96% | -37.58% |
Correlation
The correlation between LNGZX and UNG is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2007 | 0.04 |
The correlation between LNGZX and UNG shifts across timeframes, from -0.09 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LNGZX vs. UNG — Risk / Return Rank
LNGZX
UNG
LNGZX vs. UNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Greater China Fund (LNGZX) and United States Natural Gas Fund LP (UNG). 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.
| LNGZX | UNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | -0.62 | +0.41 |
| Martin ratioReturn relative to average drawdown | -0.41 | -1.04 | +0.62 |
Loading charts...
Drawdowns
LNGZX vs. UNG - Drawdown Comparison
The maximum LNGZX drawdown since its inception was -73.37%, smaller than the maximum UNG drawdown of -99.88%. Use the drawdown chart below to compare losses from any high point for LNGZX and UNG.
Loading charts...
Drawdown Indicators
| LNGZX | UNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.37% | -99.88% | +26.51% |
Max Drawdown (1Y)Largest decline over 1 year | -23.54% | -42.01% | +18.47% |
Max Drawdown (3Y)Largest decline over 3 years | -24.58% | -69.26% | +44.68% |
Max Drawdown (5Y)Largest decline over 5 years | -56.81% | -92.75% | +35.94% |
Max Drawdown (10Y)Largest decline over 10 years | -67.94% | -93.77% | +25.83% |
Current DrawdownCurrent decline from peak | -53.57% | -99.88% | +46.31% |
Average DrawdownAverage peak-to-trough decline | -26.67% | -90.02% | +63.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.71% | 25.13% | -13.42% |
Volatility
LNGZX vs. UNG - Volatility Comparison
The current volatility for Columbia Greater China Fund (LNGZX) is 6.62%, while United States Natural Gas Fund LP (UNG) has a volatility of 10.03%. This indicates that LNGZX experiences smaller price fluctuations and is considered to be less risky than UNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LNGZX | UNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 10.03% | -3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.18% | 42.08% | -25.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.84% | 59.01% | -37.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.57% | 64.14% | -34.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.61% | 54.70% | -28.09% |
LNGZX vs. UNG - Expense Ratio Comparison
LNGZX has a 1.25% expense ratio, which is higher than UNG's 1.17% expense ratio.
Dividends
LNGZX vs. UNG - Dividend Comparison
LNGZX's dividend yield for the trailing twelve months is around 2.11%, while UNG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LNGZX Columbia Greater China Fund | 2.11% | 1.88% | 1.21% | 0.67% | 0.00% | 0.00% | 4.29% | 1.40% | 5.85% | 1.20% | 0.00% | 4.54% |
UNG United States Natural Gas Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LNGZX and UNG have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNG has higher volatility (10.03%) compared to LNGZX (6.62%). In terms of maximum drawdown, LNGZX dropped -73.37% vs UNG's -99.88%.
LNGZX currently has the higher Sharpe Ratio (-0.22 vs -0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LNGZX and UNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer