OILT vs. LNGX

Last updated Apr 3, 2026

Compare and contrast key facts about Texas Capital Texas Oil Index ETF (OILT) and Global X U.S. Natural Gas ETF (LNGX).

OILT and LNGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OILT is a passively managed fund by Texas Capital that tracks the performance of the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. It was launched on Dec 20, 2023. 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. Both OILT and LNGX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

OILT vs. LNGX - Performance Comparison

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

OILT vs. LNGX - Yearly Performance Comparison

	2026 (YTD)	2025
OILT Texas Capital Texas Oil Index ETF	42.12%	5.98%
LNGX Global X U.S. Natural Gas ETF	27.72%	5.97%

Returns By Period

In the year-to-date period, OILT achieves a 42.12% return, which is significantly higher than LNGX's 27.72% return.

OILT

• 1D: 1.94%
• 1M: 13.15%
• YTD: 42.12%
• 6M: 44.55%
• 1Y: 35.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LNGX

• 1D: 0.57%
• 1M: 6.59%
• YTD: 27.72%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILT vs. LNGX - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than LNGX's 0.45% expense ratio.

LNGX

Global X U.S. Natural Gas ETF

OILT

Texas Capital Texas Oil Index ETF

Return for Risk

OILT vs. LNGX — Risk / Return Rank

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

OILT

OILT Risk / Return Rank: 48
OILT Sharpe Ratio Rank: 54
OILT Sortino Ratio Rank: 53
OILT Omega Ratio Rank: 50
OILT Calmar Ratio Rank: 47
OILT Martin Ratio Rank: 36

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.

OILT vs. LNGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) 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.

	OILT	LNGX	Difference
Sharpe ratio Return per unit of total volatility	1.03	—	—
Sortino ratio Return per unit of downside risk	1.47	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.48	—	—
Martin ratio Return relative to average drawdown	4.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OILT	LNGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	4.61	-4.07

Correlation

The correlation between OILT and LNGX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

OILT vs. LNGX - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.32%, more than LNGX's 0.21% yield.

	TTM	2025	2024
OILT Texas Capital Texas Oil Index ETF	2.32%	3.12%	2.63%
LNGX Global X U.S. Natural Gas ETF	0.21%	0.27%	0.00%

Drawdowns

OILT vs. LNGX - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, which is greater than LNGX's maximum drawdown of -8.71%. Use the drawdown chart below to compare losses from any high point for OILT and LNGX.

Drawdown Indicators

	OILT	LNGX	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-8.71%	-26.50%
Max Drawdown (1Y) Largest decline over 1 year	-15.95%	—	—
Current Drawdown Current decline from peak	-4.09%	-6.02%	+1.93%
Average Drawdown Average peak-to-trough decline	-13.22%	-2.30%	-10.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.84%	—	—

Volatility

Volatility by Period

	OILT	LNGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.71%	22.95%	+11.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.40%	22.95%	+5.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.40%	22.95%	+5.45%