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UNG vs. LNG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UNG and LNG is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

UNG vs. LNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Natural Gas Fund LP (UNG) and Cheniere Energy, Inc. (LNG). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-24.14%
26.68%
UNG
LNG

Key characteristics

Sharpe Ratio

UNG:

-0.44

LNG:

1.02

Sortino Ratio

UNG:

-0.30

LNG:

1.61

Omega Ratio

UNG:

0.97

LNG:

1.19

Calmar Ratio

UNG:

-0.26

LNG:

1.28

Martin Ratio

UNG:

-0.61

LNG:

3.45

Ulcer Index

UNG:

41.74%

LNG:

5.85%

Daily Std Dev

UNG:

58.77%

LNG:

19.71%

Max Drawdown

UNG:

-99.85%

LNG:

-97.84%

Current Drawdown

UNG:

-99.82%

LNG:

-8.53%

Returns By Period

In the year-to-date period, UNG achieves a -28.30% return, which is significantly lower than LNG's 22.31% return. Over the past 10 years, UNG has underperformed LNG with an annualized return of -25.73%, while LNG has yielded a comparatively higher 11.77% annualized return.


UNG

YTD

-28.30%

1M

5.75%

6M

-27.08%

1Y

-25.82%

5Y*

-27.33%

10Y*

-25.73%

LNG

YTD

22.31%

1M

-3.77%

6M

28.90%

1Y

20.43%

5Y*

28.51%

10Y*

11.77%

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Risk-Adjusted Performance

UNG vs. LNG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Natural Gas Fund LP (UNG) 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.


Sharpe ratio
The chart of Sharpe ratio for UNG, currently valued at -0.44, compared to the broader market0.002.004.00-0.441.02
The chart of Sortino ratio for UNG, currently valued at -0.30, compared to the broader market-2.000.002.004.006.008.0010.00-0.301.61
The chart of Omega ratio for UNG, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.971.19
The chart of Calmar ratio for UNG, currently valued at -0.26, compared to the broader market0.005.0010.0015.00-0.261.28
The chart of Martin ratio for UNG, currently valued at -0.61, compared to the broader market0.0020.0040.0060.0080.00100.00-0.613.45
UNG
LNG

The current UNG Sharpe Ratio is -0.44, which is lower than the LNG Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of UNG and LNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.44
1.02
UNG
LNG

Dividends

UNG vs. LNG - Dividend Comparison

UNG has not paid dividends to shareholders, while LNG's dividend yield for the trailing twelve months is around 0.87%.


TTM202320222021
UNG
United States Natural Gas Fund LP
0.00%0.00%0.00%0.00%
LNG
Cheniere Energy, Inc.
0.87%0.95%0.92%0.33%

Drawdowns

UNG vs. LNG - Drawdown Comparison

The maximum UNG drawdown since its inception was -99.85%, roughly equal to the maximum LNG drawdown of -97.84%. Use the drawdown chart below to compare losses from any high point for UNG and LNG. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.82%
-8.53%
UNG
LNG

Volatility

UNG vs. LNG - Volatility Comparison

United States Natural Gas Fund LP (UNG) has a higher volatility of 18.42% compared to Cheniere Energy, Inc. (LNG) at 6.67%. This indicates that UNG's price experiences larger fluctuations and is considered to be riskier than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
18.42%
6.67%
UNG
LNG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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