^XNG vs. CL=F
Compare and contrast key facts about NYSE Arca Natural Gas Index (^XNG) and Crude Oil WTI (CL=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XNG or CL=F.
Correlation
The correlation between ^XNG and CL=F is 0.38, 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.
Performance
^XNG vs. CL=F - Performance Comparison
Key characteristics
^XNG:
1.08
CL=F:
-0.81
^XNG:
1.54
CL=F:
-1.04
^XNG:
1.19
CL=F:
0.88
^XNG:
0.39
CL=F:
-0.41
^XNG:
4.99
CL=F:
-1.59
^XNG:
3.31%
CL=F:
14.05%
^XNG:
15.27%
CL=F:
26.80%
^XNG:
-84.52%
CL=F:
-93.11%
^XNG:
-32.80%
CL=F:
-54.33%
Returns By Period
In the year-to-date period, ^XNG achieves a 0.74% return, which is significantly higher than CL=F's -6.86% return. Over the past 10 years, ^XNG has underperformed CL=F with an annualized return of -0.61%, while CL=F has yielded a comparatively higher 2.52% annualized return.
^XNG
0.74%
-3.33%
9.29%
15.26%
23.80%
-0.61%
CL=F
-6.86%
-8.72%
-4.03%
-16.14%
8.69%
2.52%
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Risk-Adjusted Performance
^XNG vs. CL=F — Risk-Adjusted Performance Rank
^XNG
CL=F
^XNG vs. CL=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Natural Gas Index (^XNG) and Crude Oil WTI (CL=F). 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.
Drawdowns
^XNG vs. CL=F - Drawdown Comparison
The maximum ^XNG drawdown since its inception was -84.52%, smaller than the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for ^XNG and CL=F. For additional features, visit the drawdowns tool.
Volatility
^XNG vs. CL=F - Volatility Comparison
The current volatility for NYSE Arca Natural Gas Index (^XNG) is 5.14%, while Crude Oil WTI (CL=F) has a volatility of 7.16%. This indicates that ^XNG experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.