PSCE vs. LNGX

Last updated Jun 5, 2026

PSCE (Invesco S&P SmallCap Energy ETF) and LNGX (Global X U.S. Natural Gas ETF) are both Energy Equities funds - PSCE tracks the S&P SmallCap 600 Energy Index while LNGX tracks the Global X U.S. Natural Gas Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. PSCE charges 0.29%/yr vs 0.45%/yr for LNGX.

Performance

PSCE vs. LNGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Energy ETF (PSCE) 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, PSCE achieves a 43.61% return, which is significantly higher than LNGX's 21.25% return.

PSCE

• 1D: 0.90%
• 1M: -4.11%
• YTD: 43.61%
• 6M: 35.01%
• 1Y: 66.01%
• 3Y*: 13.95%
• 5Y*: 10.97%
• 10Y*: -1.93%

LNGX

• 1D: 0.65%
• 1M: -4.94%
• YTD: 21.25%
• 6M: 14.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCE vs. LNGX - Yearly Performance Comparison

	2026 (YTD)	2025
PSCE Invesco S&P SmallCap Energy ETF	43.61%	0.82%
LNGX Global X U.S. Natural Gas ETF	21.25%	5.97%

Correlation

The correlation between PSCE and LNGX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 30, 2025	0.75

Return for Risk

PSCE vs. LNGX — Risk / Return Rank

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

PSCE

PSCE Risk / Return Rank: 78
PSCE Sharpe Ratio Rank: 78
PSCE Sortino Ratio Rank: 68
PSCE Omega Ratio Rank: 64
PSCE Calmar Ratio Rank: 94
PSCE Martin Ratio Rank: 85

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.

PSCE vs. LNGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Energy ETF (PSCE) 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.

	PSCE	LNGX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	—	—
Sortino ratio: Return per unit of downside risk	3.08	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	7.05	—	—
Martin ratio: Return relative to average drawdown	17.65	—	—
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

	PSCE	LNGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	2.15	-2.24

Drawdowns

PSCE vs. LNGX - Drawdown Comparison

The maximum PSCE drawdown since its inception was -96.21%, which is greater than LNGX's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for PSCE and LNGX.

Drawdown Indicators

	PSCE	LNGX	Difference
Max Drawdown Largest peak-to-trough decline	-96.21%	-14.31%	-81.90%
Max Drawdown (1Y) Largest decline over 1 year	-9.41%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-44.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.70%	—	—
Current Drawdown Current decline from peak	-74.48%	-10.78%	-63.70%
Average Drawdown Average peak-to-trough decline	-58.84%	-4.41%	-54.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	—	—

Volatility

Volatility by Period

	PSCE	LNGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.82%	24.60%	+2.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.44%	24.60%	+12.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.25%	24.60%	+18.65%

PSCE vs. LNGX - Expense Ratio Comparison

PSCE has a 0.29% expense ratio, which is lower than LNGX's 0.45% expense ratio.

Dividends

PSCE vs. LNGX - Dividend Comparison

PSCE's dividend yield for the trailing twelve months is around 1.82%, more than LNGX's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNGX Global X U.S. Natural Gas ETF	0.22%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCE Invesco S&P SmallCap Energy ETF	1.82%	2.39%	1.70%	2.57%	1.70%	0.46%	0.87%	0.14%	0.22%	0.04%	0.22%	0.82%

Frequently Asked Questions

Can I hold both PSCE and LNGX in my portfolio?

PSCE and LNGX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSCE or LNGX?

On fees, PSCE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSCE or LNGX?

PSCE is cheaper with a 0.29% expense ratio, compared with 0.45% for LNGX.

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

PSCE has the higher dividend yield at 1.82%, compared with 0.22% for LNGX.

What is the main difference between PSCE and LNGX?

PSCE tracks S&P SmallCap 600 Energy Index, while LNGX tracks Global X U.S. Natural Gas Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.29% for PSCE and 0.45% for LNGX.