NBET vs. LNGX

Last updated Aug 2, 2026

NBET (Neuberger Berman Energy Transition & Infrastructure ETF) and LNGX (Global X U.S. Natural Gas ETF) are both exchange-traded funds - NBET is a Infrastructure Equities fund actively managed by Neuberger Berman, while LNGX is a Energy Equities fund tracking the Global X U.S. Natural Gas Index. NBET is actively managed, while LNGX is passively managed. Their correlation of 0.87 means they have usually moved in the same direction. NBET charges 0.65%/yr vs 0.45%/yr for LNGX.

Performance

NBET vs. LNGX - Performance Comparison

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

Returns By Period

In the year-to-date period, NBET achieves a 24.97% return, which is significantly higher than LNGX's 22.02% return.

NBET

• 1D: 0.93%
• 1M: 3.95%
• 6M: 14.68%
• YTD: 24.97%
• 1Y: 27.68%
• 3Y*: 19.60%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.70%

LNGX

• 1D: 1.79%
• 1M: 8.11%
• 6M: 12.58%
• YTD: 22.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LNGX Global X U.S. Natural Gas ETF	$559.43K	$459.98K	$618.90K
NBET Neuberger Berman Energy Transition & Infrastructure ETF	$197.04K	$221.77K	$179.90K

NBET vs. LNGX - Yearly Performance Comparison

	2026 (YTD)	2025
NBET Neuberger Berman Energy Transition & Infrastructure ETF	24.97%	3.08%
LNGX Global X U.S. Natural Gas ETF	22.02%	5.29%

Correlation

The correlation between NBET and LNGX is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	0.87

Return for Risk

NBET vs. LNGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NBET

NBET Risk / Return Rank: 74
NBET Sharpe Ratio Rank: 77
NBET Sortino Ratio Rank: 74
NBET Omega Ratio Rank: 68
NBET Calmar Ratio Rank: 85
NBET Martin Ratio Rank: 66

LNGX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NBET vs. LNGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Energy Transition & Infrastructure ETF (NBET) and Global X U.S. Natural Gas ETF (LNGX). 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.

	NBET	LNGX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.40	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.30	—	—
Martin ratio: Return relative to average drawdown	8.03	—	—

Drawdowns

NBET vs. LNGX - Drawdown Comparison

The maximum NBET drawdown since its inception was -18.72%, roughly equal to the maximum LNGX drawdown of -17.89%. Use the drawdown chart below to compare losses from any high point for NBET and LNGX.

Drawdown Indicators

	NBET	LNGX	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	-17.89%	-0.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.38%	—	—
Current Drawdown Current decline from peak	-3.76%	-10.22%	+6.46%
Average Drawdown Average peak-to-trough decline	-5.06%	-6.42%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	—	—

Volatility

Volatility by Period

	NBET	LNGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.92%	25.06%	-10.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.43%	25.06%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.43%	25.06%	-5.63%

NBET vs. LNGX - Expense Ratio Comparison

NBET has a 0.65% expense ratio, which is higher than LNGX's 0.45% expense ratio.

Dividends

NBET vs. LNGX - Dividend Comparison

NBET's dividend yield for the trailing twelve months is around 2.41%, more than LNGX's 0.81% yield.

Position	TTM	2025	2024	2023	2022
LNGX Global X U.S. Natural Gas ETF	0.81%	0.27%	0.00%	0.00%	0.00%
NBET Neuberger Berman Energy Transition & Infrastructure ETF	2.41%	2.70%	2.43%	1.22%	0.87%

Frequently Asked Questions

Can I hold both NBET and LNGX in my portfolio?

NBET and LNGX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBET or LNGX?

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, NBET or LNGX?

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

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

NBET has the higher dividend yield at 2.41%, compared with 0.81% for LNGX.

What is the main difference between NBET and LNGX?

NBET is categorized as Infrastructure Equities, while LNGX is Energy Equities. They also come from different issuers: Neuberger Berman and Global X. Their fees differ too: 0.65% for NBET and 0.45% for LNGX.