MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OILD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OILD
OILD charges 0.95% annually. There are 7 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 233.44M | Jun 2016 | OILD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | OILD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | OILD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | OILD vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | OILD vs SKRE |
Best Risk-Adjusted Alternatives to OILD
OILD has a PortfoliosLab risk / return rank of 1. There are 48 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 61 | 96.16M | Sep 2024 | OILD vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 60 | 5.10M | Oct 2024 | OILD vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 30.06M | Aug 2024 | OILD vs SMST | |
| -1x Short VIX Futures ETF | 33 | 198.28M | Mar 2022 | OILD vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 32 | 35.08M | Jul 2024 | OILD vs FIAT |
Top Performing OILD Alternatives (YTD)
OILD is at -57.86% YTD. There are 63 ETFs in the Inverse Equities category with higher YTD returns, going as high as 24.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily ORCL Bear 1X ETF | 24.83% | 11.74M | Nov 2025 | OILD vs ORCS | |
| Direxion Daily NFLX Bear 1X Shares | 22.45% | 5.10M | Oct 2024 | OILD vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 18.42% | 11.03M | Sep 2022 | OILD vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 18.02% | 40.54M | Dec 2024 | OILD vs PLTD | |
| ProShares Short FTSE China 50 | 12.29% | 4.73M | Mar 2010 | OILD vs YXI |
Lowest Volatility Alternatives to OILD
OILD has 63.18% 1-year volatility. There are 48 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.34% | 98.54M | Jun 2006 | OILD vs DOG | |
| ProShares Short S&P500 | 12.49% | 869.15M | Jun 2006 | OILD vs SH | |
| Direxion Daily BRKB Bear 1X Shares | 12.49% | 2.34M | Dec 2024 | OILD vs BRKD | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.71% | 233.44M | Jun 2016 | OILD vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.91% | 14.88M | Aug 2024 | OILD vs YQQQ |
Lowest Drawdown Alternatives to OILD
OILD has a 1-year max drawdown of -74.53%. There are 53 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | OILD vs BRKD | |
| ProShares Short FTSE China 50 | -11.39% | 4.73M | Mar 2010 | OILD vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | OILD vs EMTY | |
| ProShares Short Financials | -14.57% | 13.41M | Jun 2008 | OILD vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | OILD vs DOG |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVDX and span 7 categories. AUM among these funds goes as high as $679M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Derivative Income, Technology Equities | 32 | 5.10% | 679.47M | Oct 2023 | OILD vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 31 | 6.77% | 424.46M | Jun 2024 | OILD vs AIPI | |
| T-REX 2X Long NVIDIA Daily Target ETF | Leveraged Equities | 15 | 10.69% | 449.88M | Oct 2023 | OILD vs NVDX | |
| REX NVIDIA Growth & Income ETF | Derivative Income, Leveraged Equities, Options Trading | 33 | 15.40% | 106.68M | May 2025 | OILD vs NVII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 23 | 18.12% | 112.35M | Dec 2024 | OILD vs CEPI | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | 22 | -15.02% | 40.00M | Jun 2025 | OILD vs TSII | |
| REX Drone ETF | Aerospace & Defense | — | -3.44% | 110.10M | Oct 2025 | OILD vs DRNZ | |
| MicroSectors Energy 3X Leveraged ETN | Leveraged Equities | 30 | 68.22% | 26.09M | Feb 2023 | OILD vs WTIU | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -81.17% | — | Sep 2025 | OILD vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged Cryptocurrency | 1 | -55.64% | — | Jul 2024 | OILD vs BTCL |
Often Compared With OILD
Investors most often compare OILD with OILU, NRGD, CARD. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare OILD with Any Fund or Stock
Compare OILD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OILD with funds that move differently
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILD.
Explore OILD Diversifiers