Texas Capital Texas Oil Index ETF (OILT) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OILT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OILT
OILT charges 0.35% annually. There are 9 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.64B | Dec 1998 | OILT vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | OILT vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | OILT vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | Nov 2025 | OILT vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | OILT vs GXPE |
Best Risk-Adjusted Alternatives to OILT
OILT has a PortfoliosLab risk / return rank of 50. There are 50 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | OILT vs CRAK | |
| FT Energy Income Partners Strategy ETF | 93 | 563.46M | Nov 2022 | OILT vs EIPX | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | OILT vs PXJ | |
| VanEck Natural Resources ETF | 90 | 301.41M | Aug 2008 | OILT vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | OILT vs XLEI |
Top Performing OILT Alternatives (YTD)
OILT is at 32.57% YTD. There are 25 ETFs in the Energy Equities category with higher YTD returns, going as high as 87.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 87.02% | 65.33M | Nov 2021 | OILT vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 66.56% | 228.84M | Nov 2008 | OILT vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 57.63% | 2.82M | Oct 2025 | OILT vs TEXU | |
| WEBs Energy XLE Defined Volatility ETF | 46.78% | — | Jul 2025 | OILT vs DVXE | |
| Invesco Dynamic Oil & Gas Services ETF | 45.40% | 61.59M | Oct 2005 | OILT vs PXJ |
Lowest Volatility Alternatives to OILT
OILT has 28.02% 1-year volatility. There are 63 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | OILT vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 10.98% | 6.30M | Nov 2023 | OILT vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.41% | 563.46M | Nov 2022 | OILT vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.60% | 1.31B | Nov 2022 | OILT vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.05% | 152.76M | Apr 2024 | OILT vs MDST |
Lowest Drawdown Alternatives to OILT
OILT has a 1-year max drawdown of -20.72%. There are 55 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 563.46M | Nov 2022 | OILT vs EIPX | |
| Westwood Salient Enhanced Midstream Income ETF | -5.98% | 152.76M | Apr 2024 | OILT vs MDST | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | OILT vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | OILT vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | OILT vs TPZ |
Other ETFs from Texas Capital
The 2 most viewed Texas Capital ETFs shown here include MMKT, TXS and span 2 categories. AUM among these funds goes as high as $63M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Texas Capital Government Money Market ETF | Money Market | 100 | 2.05% | 62.65M | Sep 2024 | OILT vs MMKT | |
| Texas Capital Texas Equity Index ETF | Mid Cap Blend Equities | 79 | 17.07% | 33.74M | Jul 2023 | OILT vs TXS |
Often Compared With OILT
Investors most often compare OILT with CHIN.DE, SPY, GOLDX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare OILT with Any Fund or Stock
Compare OILT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OILT with funds that move differently
Texas Capital Texas Oil Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILT.
Explore OILT Diversifiers