USNG vs. SETM

Last updated Jun 4, 2026

USNG (Amplify Samsung U.S. Natural Gas Infrastructure ETF) and SETM (Sprott Energy Transition Materials ETF) are both Energy Equities funds. USNG is actively managed, while SETM is passively managed. Over the past year, USNG returned 40.50% vs 144.21% for SETM. At a 0.25 correlation, their price movements are largely independent. USNG charges 0.59%/yr vs 0.65%/yr for SETM.

Performance

USNG vs. SETM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) and Sprott Energy Transition Materials ETF (SETM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USNG achieves a 31.42% return, which is significantly higher than SETM's 27.22% return.

USNG

• 1D: -0.19%
• 1M: -1.95%
• YTD: 31.42%
• 6M: 28.41%
• 1Y: 40.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SETM

• 1D: -4.09%
• 1M: 2.39%
• YTD: 27.22%
• 6M: 33.66%
• 1Y: 144.21%
• 3Y*: 30.90%
• 5Y*: —
• 10Y*: —

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

USNG vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	31.42%	10.81%
SETM Sprott Energy Transition Materials ETF	27.22%	102.52%

Correlation

The correlation between USNG and SETM is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since May 21, 2025	0.25

USNG vs. SETM - Sectors Allocation Comparison

Sectors	USNG	SETM
Energy	78.0%	25.8%
Industrials	13.8%	0.9%
Utilities	5.0%	-
Financial Services	1.8%	-
Basic Materials	1.4%	73.2%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	0.1%
Healthcare	-	-
Real Estate	-	-
Technology	-	0.1%

Return for Risk

USNG vs. SETM — Risk / Return Rank

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

USNG

USNG Risk / Return Rank: 80
USNG Sharpe Ratio Rank: 77
USNG Sortino Ratio Rank: 76
USNG Omega Ratio Rank: 70
USNG Calmar Ratio Rank: 91
USNG Martin Ratio Rank: 89

SETM

SETM Risk / Return Rank: 82
SETM Sharpe Ratio Rank: 91
SETM Sortino Ratio Rank: 71
SETM Omega Ratio Rank: 72
SETM Calmar Ratio Rank: 90
SETM Martin Ratio Rank: 84

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.

USNG vs. SETM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) and Sprott Energy Transition Materials ETF (SETM). 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.

	USNG	SETM	Difference
Sharpe ratio: Return per unit of total volatility	2.47	3.25	-0.78
Sortino ratio: Return per unit of downside risk	3.39	3.29	+0.10
Omega ratio: Gain probability vs. loss probability	1.41	1.44	-0.03
Calmar ratio: Return relative to maximum drawdown	5.97	5.61	+0.36
Martin ratio: Return relative to average drawdown	19.70	17.42	+2.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USNG vs. SETM - Sharpe Ratio Comparison

The current USNG Sharpe Ratio is 2.47, which is comparable to the SETM Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of USNG and SETM, 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

	USNG	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	3.25	-0.78
Sharpe Ratio (All Time) Calculated using the full available price history	2.66	0.59	+2.07

Drawdowns

USNG vs. SETM - Drawdown Comparison

The maximum USNG drawdown since its inception was -6.82%, smaller than the maximum SETM drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for USNG and SETM.

Drawdown Indicators

	USNG	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-6.82%	-42.81%	+35.99%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-25.85%	+19.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-42.81%	—
Current Drawdown Current decline from peak	-4.10%	-7.30%	+3.20%
Average Drawdown Average peak-to-trough decline	-1.40%	-14.26%	+12.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	8.31%	-6.24%

Volatility

USNG vs. SETM - Volatility Comparison

The current volatility for Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) is 6.40%, while Sprott Energy Transition Materials ETF (SETM) has a volatility of 13.58%. This indicates that USNG experiences smaller price fluctuations and is considered to be less risky than SETM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USNG	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	13.58%	-7.18%
Volatility (6M) Calculated over the trailing 6-month period	12.56%	34.49%	-21.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.52%	44.71%	-28.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	36.57%	-20.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	36.57%	-20.02%

USNG vs. SETM - Expense Ratio Comparison

USNG has a 0.59% expense ratio, which is lower than SETM's 0.65% expense ratio.

Dividends

USNG vs. SETM - Dividend Comparison

USNG's dividend yield for the trailing twelve months is around 1.13%, less than SETM's 1.23% yield.

Position	TTM	2025	2024	2023
SETM Sprott Energy Transition Materials ETF	1.23%	1.56%	2.07%	2.47%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.13%	1.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USNG and SETM in my portfolio?

USNG and SETM have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USNG or SETM?

SETM has higher volatility (13.58%) compared to USNG (6.40%). In terms of maximum drawdown, USNG dropped -6.82% vs SETM's -42.81%.

Which ETF is better, USNG or SETM?

On 1-year performance, SETM leads with 144.21% vs 40.50% for USNG. On fees, USNG is cheaper at 0.59% per year. On volatility, USNG has been the lower-risk option at 6.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USNG or SETM?

Over the 1-year period, SETM has performed better with a 144.21% return vs 40.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USNG or SETM?

USNG is cheaper with a 0.59% expense ratio, compared with 0.65% for SETM.

Which ETF pays a higher dividend yield, USNG or SETM?

SETM has the higher dividend yield at 1.23%, compared with 1.13% for USNG.

What is the main difference between USNG and SETM?

They also come from different issuers: Amplify and Sprott. Their fees differ too: 0.59% for USNG and 0.65% for SETM.

Which has better risk-adjusted returns?

SETM currently has the higher Sharpe Ratio (3.25 vs 2.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.