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% | 37.25M | Dec 2024 | OILU vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | 228.65M | Feb 2008 | OILU vs DGP | |
| DB Gold Double Short Exchange Traded Notes | 0.75% | 941.91K | Feb 2008 | OILU vs DZZ | |
| ProShares Ultra Silver | 0.93% | 1.25B | Dec 2008 | OILU vs AGQ | |
| ProShares UltraShort Bloomberg Natural Gas | 0.95% | 125.11M | Oct 2011 | OILU vs KOLD |
Best Risk-Adjusted Alternatives to OILU
OILU has a PortfoliosLab risk / return rank of 38. No ETFs in the Leveraged Commodities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 37 | 361.56M | Nov 2008 | OILU vs UCO | |
| DB Gold Double Short Exchange Traded Notes | 22 | 941.91K | Feb 2008 | OILU vs DZZ | |
| DB Gold Double Long Exchange Traded Notes | 18 | 228.65M | Feb 2008 | OILU vs DGP | |
| ProShares Ultra Silver | 17 | 1.25B | Dec 2008 | OILU vs AGQ | |
| Teucrium 2x Daily Wheat ETF | 17 | 8.25M | Dec 2024 | OILU vs WXET |
Top Performing OILU Alternatives (YTD)
OILU is at 70.08% YTD. There is 1 ETF in the Leveraged Commodities category with a higher YTD return, going as high as 102.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 102.64% | 361.56M | Nov 2008 | OILU vs UCO | |
| Teucrium 2x Daily Wheat ETF | 53.02% | 8.25M | Dec 2024 | OILU vs WXET | |
| ProShares UltraShort Gold | 5.05% | 113.41M | Dec 2008 | OILU vs GLL | |
| Roundhill Gold WeeklyPay ETF | -12.10% | 16.72M | Oct 2025 | OILU vs GLDW | |
| Teucrium 2x Daily Corn ETF | -12.67% | 4.25M | Dec 2024 | OILU vs CXRN |
Lowest Volatility Alternatives to OILU
OILU has 63.83% 1-year volatility. There are 10 ETFs in the Leveraged Commodities category with lower 1-year volatility, going as low as 36.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Gold WeeklyPay ETF | 36.47% | 16.72M | Oct 2025 | OILU vs GLDW | |
| Teucrium 2x Daily Corn ETF | 37.12% | 4.25M | Dec 2024 | OILU vs CXRN | |
| Simplify Gold Strategy PLUS Income ETF | 42.26% | 37.25M | Dec 2024 | OILU vs YGLD | |
| Teucrium 2x Daily Wheat ETF | 50.06% | 8.25M | Dec 2024 | OILU vs WXET | |
| Direxion Daily Gold Bull 2X ETF | 53.50% | 3.05M | May 2026 | OILU vs UGLD |
Lowest Drawdown Alternatives to OILU
OILU has a 1-year max drawdown of -46.49%. There are 4 ETFs in the Leveraged Commodities category with shallower 1-year drawdowns, going as shallow as -30.76%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Wheat ETF | -30.76% | 8.25M | Dec 2024 | OILU vs WXET | |
| Teucrium 2x Daily Corn ETF | -31.96% | 4.25M | Dec 2024 | OILU vs CXRN | |
| ProShares Ultra Bloomberg Crude Oil | -38.55% | 361.56M | Nov 2008 | OILU vs UCO | |
| Simplify Gold Strategy PLUS Income ETF | -43.35% | 37.25M | Dec 2024 | OILU vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | -47.59% | 228.65M | Feb 2008 | OILU vs DGP |
Other ETFs from BMO
The 9 most viewed BMO ETFs shown here include FNGS, GDXU, BULZ and span 7 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MicroSectors FANG+ ETN | Large Cap Growth Equities | 23 | 10.73% | 554.66M | Nov 2019 | OILU vs FNGS | |
| MicroSectors Gold Miners 3X Leveraged ETNs due Jun... | Leveraged Equities, Gold, Precious Metals | 15 | -71.32% | 1.27B | Dec 2020 | OILU vs GDXU | |
| MicroSectors FANG & Innovation 3X Leveraged ETNs | Leveraged Equities, Technology Equities | 35 | 32.23% | 4.61B | Aug 2021 | OILU vs BULZ | |
| MicroSectors Gold 3X Leveraged ETN | Leveraged Commodities | 13 | -41.77% | 115.40M | Feb 2023 | OILU vs SHNY | |
| MicroSectors Gold Miners -3X Inverse Leveraged ETN... | Inverse Equities | 3 | -32.64% | 93.27M | Dec 2020 | OILU vs GDXD | |
| MicroSectors FANG+™ Index -3X Inverse Leveraged ET... | Leveraged Equities | 3 | -36.98% | 44.43M | Jan 2018 | OILU vs FNGD | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | Leveraged Equities | 55 | 118.00% | 57.96M | Apr 2019 | OILU vs NRGU | |
| MicroSectors Solactive FANG & Innovation -3X Inver... | Inverse Equities | 1 | -54.50% | 6.67M | Aug 2021 | OILU vs BERZ | |
| MicroSectors U.S. Big Oil Index -3X Inverse Levera... | Leveraged Equities | 1 | -71.51% | 25.11M | Apr 2019 | OILU vs NRGD |
Often Compared With OILU
Investors most often compare OILU with WTIU, USOI, USO. These 20 comparison targets span 9 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