MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) belongs to the Leveraged Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OILU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OILU
OILU charges 0.95% annually. There are 4 ETFs in the Leveraged Commodities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | 0.50% | 43.90M | Dec 2024 | OILU vs YGLD | |
| DB Gold Double Short Exchange Traded Notes | 0.75% | 1.29M | Feb 2008 | OILU vs DZZ | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | 228.65M | Feb 2008 | OILU vs DGP | |
| ProShares Ultra Silver | 0.93% | 1.87B | Dec 2008 | OILU vs AGQ | |
| ProShares Ultra Bloomberg Crude Oil | 0.95% | 384.99M | Nov 2008 | OILU vs UCO |
Best Risk-Adjusted Alternatives to OILU
OILU has a PortfoliosLab risk / return rank of 52. There is 1 ETF in the Leveraged Commodities category with a higher risk-adjusted rank, going as high as 54.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 54 | 384.99M | Nov 2008 | OILU vs UCO | |
| ProShares Ultra Silver | 36 | 1.87B | Dec 2008 | OILU vs AGQ | |
| DB Gold Double Long Exchange Traded Notes | 30 | 228.65M | Feb 2008 | OILU vs DGP | |
| ProShares Ultra Gold | 27 | 854.04M | Dec 2008 | OILU vs UGL | |
| MicroSectors Gold 3X Leveraged ETN | 21 | 106.06M | Feb 2023 | OILU vs SHNY |
Top Performing OILU Alternatives (YTD)
OILU is at 96.53% YTD. There is 1 ETF in the Leveraged Commodities category with a higher YTD return, going as high as 149.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 149.12% | 384.99M | Nov 2008 | OILU vs UCO | |
| Teucrium 2x Daily Wheat ETF | 21.04% | 9.15M | Dec 2024 | OILU vs WXET | |
| DB Gold Double Long Exchange Traded Notes | 1.01% | 228.65M | Feb 2008 | OILU vs DGP | |
| Roundhill Gold WeeklyPay ETF | 1.00% | 23.42M | Oct 2025 | OILU vs GLDW | |
| ProShares Ultra Gold | -2.16% | 854.04M | Dec 2008 | OILU vs UGL |
Lowest Volatility Alternatives to OILU
OILU has 62.23% 1-year volatility. There are 9 ETFs in the Leveraged Commodities category with lower 1-year volatility, going as low as 36.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Corn ETF | 36.32% | 4.25M | Dec 2024 | OILU vs CXRN | |
| Roundhill Gold WeeklyPay ETF | 36.90% | 23.42M | Oct 2025 | OILU vs GLDW | |
| Simplify Gold Strategy PLUS Income ETF | 40.43% | 43.90M | Dec 2024 | OILU vs YGLD | |
| Teucrium 2x Daily Wheat ETF | 50.13% | 9.15M | Dec 2024 | OILU vs WXET | |
| ProShares UltraShort Gold | 52.38% | 102.63M | Dec 2008 | OILU vs GLL |
Lowest Drawdown Alternatives to OILU
OILU has a 1-year max drawdown of -33.51%. There is 1 ETF in the Leveraged Commodities category with a shallower 1-year drawdown, going as shallow as -25.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Corn ETF | -25.27% | 4.25M | Dec 2024 | OILU vs CXRN | |
| Simplify Gold Strategy PLUS Income ETF | -34.23% | 43.90M | Dec 2024 | OILU vs YGLD | |
| ProShares Ultra Bloomberg Crude Oil | -34.77% | 384.99M | Nov 2008 | OILU vs UCO | |
| Teucrium 2x Daily Wheat ETF | -35.64% | 9.15M | Dec 2024 | OILU vs WXET | |
| DB Gold Double Long Exchange Traded Notes | -36.58% | 228.65M | Feb 2008 | OILU vs DGP |
Other ETFs from BMO
The 8 most viewed BMO ETFs shown here include FNGS, GDXU, BULZ and span 3 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MicroSectors FANG+ ETN | Large Cap Growth Equities | 34 | 16.26% | 554.66M | Nov 2019 | OILU vs FNGS | |
| MicroSectors Gold Miners 3X Leveraged ETN | Leveraged Equities | 23 | -43.81% | 1.27B | Dec 2020 | OILU vs GDXU | |
| MicroSectors Solactive FANG & Innovation 3X Levera... | Leveraged Equities | 76 | 100.89% | 2.75B | Aug 2021 | OILU vs BULZ | |
| MicroSectors Gold Miners -3X Inverse Leveraged ETN... | Inverse Equities | 2 | -51.20% | 107.09M | Dec 2020 | OILU vs GDXD | |
| MicroSectors FANG+™ Index -3X Inverse Leveraged ET... | Leveraged Equities | 1 | -41.82% | 60.09M | Jan 2018 | OILU vs FNGD | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | Leveraged Equities | 58 | 129.31% | 27.41M | Apr 2019 | OILU vs NRGU | |
| MicroSectors Solactive FANG & Innovation -3X Inver... | Inverse Equities | 0 | -65.19% | 4.36M | Aug 2021 | OILU vs BERZ | |
| MicroSectors U.S. Big Oil Index -3X Inverse Levera... | Leveraged Equities | 1 | -70.71% | 2.71M | Apr 2019 | OILU vs NRGD |
Often Compared With OILU
Investors most often compare OILU with WTIU, USO, USOI. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare OILU with Any Fund or Stock
Compare OILU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OILU with funds that move differently
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILU.
Explore OILU Diversifiers