TNGY vs. LNGX

Last updated Apr 2, 2026

Compare and contrast key facts about Tortoise Energy Fund (TNGY) and Global X U.S. Natural Gas ETF (LNGX).

TNGY and LNGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TNGY is an actively managed fund by Tortoise Capital. It was launched on Jun 16, 2025. 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.

Performance

TNGY vs. LNGX - Performance Comparison

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

TNGY vs. LNGX - Yearly Performance Comparison

	2026 (YTD)	2025
TNGY Tortoise Energy Fund	14.20%	2.90%
LNGX Global X U.S. Natural Gas ETF	26.99%	5.97%

Returns By Period

In the year-to-date period, TNGY achieves a 14.20% return, which is significantly lower than LNGX's 26.99% return.

TNGY

• 1D: -2.11%
• 1M: -0.64%
• YTD: 14.20%
• 6M: 13.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LNGX

• 1D: -2.87%
• 1M: 5.12%
• YTD: 26.99%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNGY vs. LNGX - Expense Ratio Comparison

TNGY has a 0.85% expense ratio, which is higher than LNGX's 0.45% expense ratio.

TNGY

Tortoise Energy Fund

LNGX

Global X U.S. Natural Gas ETF

Return for Risk

TNGY vs. LNGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Fund (TNGY) 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.

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

Sharpe Ratios by Period

	TNGY	LNGX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	4.53	-3.04

Correlation

The correlation between TNGY and LNGX is 0.72, 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

TNGY vs. LNGX - Dividend Comparison

TNGY's dividend yield for the trailing twelve months is around 3.44%, more than LNGX's 0.21% yield.

	TTM	2025
TNGY Tortoise Energy Fund	3.44%	2.59%
LNGX Global X U.S. Natural Gas ETF	0.21%	0.27%

Drawdowns

TNGY vs. LNGX - Drawdown Comparison

The maximum TNGY drawdown since its inception was -5.30%, smaller than the maximum LNGX drawdown of -8.71%. Use the drawdown chart below to compare losses from any high point for TNGY and LNGX.

Drawdown Indicators

	TNGY	LNGX	Difference
Max Drawdown Largest peak-to-trough decline	-5.30%	-8.71%	+3.41%
Current Drawdown Current decline from peak	-4.76%	-6.55%	+1.79%
Average Drawdown Average peak-to-trough decline	-1.58%	-2.26%	+0.68%

Volatility

Volatility by Period

	TNGY	LNGX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.17%	23.06%	-8.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.17%	23.06%	-8.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.17%	23.06%	-8.89%