SHELL.AS vs. LNG

Last updated Jun 5, 2026

SHELL.AS (Shell plc) and LNG (Cheniere Energy, Inc.) are both stocks. Both are in the Energy sector — SHELL.AS in Oil & Gas Integrated, LNG in Oil & Gas Midstream. Over the past 10 years, SHELL.AS returned 10.68%/yr vs 21.61%/yr for LNG. At a 0.28 correlation, their price movements are largely independent.

Performance

SHELL.AS vs. LNG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Shell plc (SHELL.AS) and Cheniere Energy, Inc. (LNG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SHELL.AS is traded in EUR, while LNG is traded in USD. To make them comparable, the LNG values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SHELL.AS achieves a 20.77% return, which is significantly lower than LNG's 24.58% return. Over the past 10 years, SHELL.AS has underperformed LNG with an annualized return of 10.68%, while LNG has yielded a comparatively higher 21.61% annualized return.

SHELL.AS

• 1D: -1.35%
• 1M: 4.91%
• YTD: 20.77%
• 6M: 19.93%
• 1Y: 29.66%
• 3Y*: 16.09%
• 5Y*: 22.61%
• 10Y*: 10.68%

LNG

• 1D: -1.04%
• 1M: 0.92%
• YTD: 24.58%
• 6M: 19.48%
• 1Y: -2.91%
• 3Y*: 15.58%
• 5Y*: 24.32%
• 10Y*: 21.61%

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

SHELL.AS vs. LNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHELL.AS Shell plc	20.77%	8.80%	5.18%	17.09%	42.18%	37.42%	-41.43%	8.52%	-2.19%	14.14%
LNG Cheniere Energy, Inc.	24.58%	-19.53%	35.57%	11.57%	58.55%	82.16%	-9.81%	5.51%	15.10%	13.98%

Correlation

The correlation between SHELL.AS and LNG is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007	0.28

Return for Risk

SHELL.AS vs. LNG — Risk / Return Rank

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

SHELL.AS

SHELL.AS Risk / Return Rank: 78
SHELL.AS Sharpe Ratio Rank: 81
SHELL.AS Sortino Ratio Rank: 74
SHELL.AS Omega Ratio Rank: 75
SHELL.AS Calmar Ratio Rank: 79
SHELL.AS Martin Ratio Rank: 80

LNG

LNG Risk / Return Rank: 37
LNG Sharpe Ratio Rank: 40
LNG Sortino Ratio Rank: 34
LNG Omega Ratio Rank: 34
LNG Calmar Ratio Rank: 40
LNG Martin Ratio Rank: 40

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.

SHELL.AS vs. LNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shell plc (SHELL.AS) and Cheniere Energy, Inc. (LNG). 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.

	SHELL.AS	LNG	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.10	+1.53
Sortino ratio: Return per unit of downside risk	1.90	0.06	+1.83
Omega ratio: Gain probability vs. loss probability	1.26	1.01	+0.26
Calmar ratio: Return relative to maximum drawdown	2.43	-0.12	+2.54
Martin ratio: Return relative to average drawdown	6.57	-0.24	+6.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHELL.AS vs. LNG - Sharpe Ratio Comparison

The current SHELL.AS Sharpe Ratio is 1.43, which is higher than the LNG Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of SHELL.AS and LNG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SHELL.AS	LNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	-0.10	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.79	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.66	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.19	+0.20

Drawdowns

SHELL.AS vs. LNG - Drawdown Comparison

The maximum SHELL.AS drawdown since its inception was -63.48%, smaller than the maximum LNG drawdown of -97.55%. Use the drawdown chart below to compare losses from any high point for SHELL.AS and LNG.

Drawdown Indicators

	SHELL.AS	LNG	Difference
Max Drawdown Largest peak-to-trough decline	-63.48%	-97.55%	+34.07%
Max Drawdown (1Y) Largest decline over 1 year	-12.58%	-25.04%	+12.46%
Max Drawdown (3Y) Largest decline over 3 years	-21.48%	-34.15%	+12.67%
Max Drawdown (5Y) Largest decline over 5 years	-21.48%	-34.15%	+12.67%
Max Drawdown (10Y) Largest decline over 10 years	-63.48%	-56.01%	-7.47%
Current Drawdown Current decline from peak	-8.29%	-20.30%	+12.01%
Average Drawdown Average peak-to-trough decline	-13.60%	-38.14%	+24.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	13.02%	-8.34%

Volatility

SHELL.AS vs. LNG - Volatility Comparison

The current volatility for Shell plc (SHELL.AS) is 6.81%, while Cheniere Energy, Inc. (LNG) has a volatility of 8.26%. This indicates that SHELL.AS experiences smaller price fluctuations and is considered to be less risky than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHELL.AS	LNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	8.26%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	18.06%	23.02%	-4.96%
Volatility (1Y) Calculated over the trailing 1-year period	21.31%	29.29%	-7.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.58%	30.95%	-6.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.28%	33.04%	-4.76%

Dividends

SHELL.AS vs. LNG - Dividend Comparison

SHELL.AS's dividend yield for the trailing twelve months is around 3.41%, more than LNG's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNG Cheniere Energy, Inc.	0.92%	1.06%	0.84%	0.95%	0.92%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SHELL.AS Shell plc	3.41%	4.01%	4.18%	3.84%	3.56%	3.61%	5.72%	6.43%	6.24%	5.96%	6.55%	8.08%

Financials

Frequently Asked Questions

Can I hold both SHELL.AS and LNG in my portfolio?

SHELL.AS and LNG have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.