Product ResearchCommodities
Introducing LNGX: The Case for U.S. Natural Gas
G
Global X Research
Oct 29, 202511 min read
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SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.
Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.
U.S. Natural Gas ETF
LNGX can complement commodity allocations by providing targeted exposure to the domestic natural gas value chain—spanning upstream production and midstream infrastructure—rather than diversified oil and gas conglomerates. Its focus isolates the tailwinds poised to drive U.S. natural gas, from accelerating LNG export capacity to rising power demand tied to electrification and AI data center expansion.
As the world’s largest Liquefied Natural Gas exporter, the U.S. is the backbone of global energy supply, providing roughly a quarter of global gas production and global electricity generation.1
Rising U.S. natural gas exports are fueling new infrastructure, unlocking growth for producers and midstream operators, as countries in Europe and Asia move away from coal and diversify to meet evolving power needs.
LNGX offers pure-play exposure to the U.S. natural gas value chain, from upstream exploration and production to midstream transport, storage, processing, liquefaction, and export.
1Reuters, US gas-heavy power pipeline set to stoke LNG exporter tensions, Aug 2025
LNGX offers passive exposure to the U.S. natural gas supply chain, from upstream production through processing, transportation, and exports.
The War in Iran could impair energy output and thus reshape supply chains. It also highlights the growing importance of North American energy infrastructure.
Kenny Zhu
The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
As of Oct 14, 2026
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 7.48% | OVV | OVINTIV INC | BJ01KB6 | $66.75 | 62,619 | $4,179,818 |
| 7.36% | EXE | EXPAND ENERGY CORP | BMZ5LZ5 | $91.11 | 45,174 | $4,115,803 |
| 7.21% | EQT | EQT CORP |
Holdings are subject to change. "Cash" denotes U.S. dollars.
Oct 14, 2026
30-Day SEC Yield
1.99%
Distribution Frequency
Semi-Annually
Record Date | Payable Date | Amount | |
|---|---|---|---|
| Dec 30, 2026 | Dec 30, 2026 | Jan 5, 2027 | - |
| Jun 29, 2026 | Jun 29, 2026 | Jul 2, 2026 | $0.26 |
Metric | Year-to-Date | 1 Month | 3 Months | Since Inception |
|---|---|---|---|---|
Fund NAV | +16.46% | -9.35% | +2.79% | +22.42% |
Market Price | +15.92% | -9.82% | +2.26% | +21.89% |
Index | +16.82% | -9.34% | +2.88% | +22.89% |
As of Oct 14, 2026
As of Oct 14, 2026
As of Oct 14, 2026
What is Premium/Discount Chart?
How can the Fund trade at a premium/discount to its NAV?
What causes these time discrepancies?
As of Sep 30, 2026
| Sector | Weight (%) |
|---|---|
Energy | 96.95% |
Utilities | 3.05% |
| Sector | Weight (%) |
|---|---|
Energy | 96.95% |
Utilities | 3.05% |
| Industry | Weight (%) |
|---|---|
Energy | 96.95% |
Utilities |
Source: AltaVista Research, LLC
All Sector, Industry, Commodity and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
As of Oct 14, 2026
The Global X U.S. Natural Gas ETF (LNGX) seeks to provide exposure to U.S. companies with pureplay exposure to the Natural Gas and Natural Gas Liquids (“NGLs”) value-chain. Targeted companies include those engaged in the exploration, production, and initial processing of Natural Gas and NGLs (“upstream”), as well as transportation, storage, processing, offshore exports, and liquefaction infrastructure that processes LNG for export (“midstream”). The fund aims to deliver access to the U.S. natural gas supply chain as a subset of the broader oil & gas industry, with upstream inclusion based on the proportion of proven reserves attributable to Natural Gas and NGLs, and midstream inclusion based on revenues attributable to Natural Gas and NGLs.
The Global X U.S. Natural Gas ETF (LNGX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. Natural Gas Index.
The Index is designed to track the performance of U.S. companies involved in the upstream and midstream activities of the natural gas and natural gas liquids (NGLs) value chain. Only midstream companies deriving at least 50% of revenue from natural gas and NGLs are eligible, with upstream companies’ inclusion based on the share of Natural Gas and NGL Proved Reserves representing at least 50% of the company's total proved reserves.
Highlights
As of Oct 14, 2026
As of Oct 14, 2026
| 2319414 |
| $52.75 |
| 76,387 |
| $4,029,414 |
| 4.83% | APA | APA CORP | BNNF1C1 | $47.37 | 57,014 | $2,700,753 |
| 4.66% | PR | PERMIAN RESOURCES CORP-CL A | BQPCHB2 | $24.06 | 108,227 | $2,603,942 |
| 4.60% | LNG | CHENIERE ENERGY INC | 2654364 | $279.69 | 9,185 | $2,568,953 |
| 4.34% | AR | ANTERO RESOURCES CORP | BFD2WR8 | $36.63 | 66,239 | $2,426,335 |
| 4.32% | EOG | EOG RESOURCES INC | 2318024 | $154.19 | 15,665 | $2,415,386 |
| 4.18% | DVN | DEVON ENERGY CORP | 2480677 | $49.92 | 46,848 | $2,338,652 |
| 4.13% | OXY | OCCIDENTAL PETROLEUM CORP | 2655408 | $61.41 | 37,615 | $2,309,937 |
The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.
Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.
Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.
International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.
| 3.05% |
Source: AltaVista Research, LLC