AMOM vs. OILK

Last updated Apr 1, 2026

Compare and contrast key facts about QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and ProShares K-1 Free Crude Oil Strategy ETF (OILK).

AMOM and OILK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMOM is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019. OILK is a passively managed fund by ProShares that tracks the performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. It was launched on Sep 26, 2016.

Performance

AMOM vs. OILK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). The values are adjusted to include any dividend payments, if applicable.

AMOM vs. OILK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF	-3.01%	7.69%	35.79%	27.06%	-26.29%	13.08%	53.81%	9.33%
OILK ProShares K-1 Free Crude Oil Strategy ETF	46.13%	-11.86%	8.18%	-0.97%	27.57%	63.71%	-61.09%	-2.84%

Returns By Period

In the year-to-date period, AMOM achieves a -3.01% return, which is significantly lower than OILK's 46.13% return.

AMOM

• 1D: 4.10%
• 1M: -7.43%
• YTD: -3.01%
• 6M: -2.43%
• 1Y: 25.18%
• 3Y*: 18.56%
• 5Y*: 7.31%
• 10Y*: —

OILK

• 1D: -4.10%
• 1M: 25.62%
• YTD: 46.13%
• 6M: 36.81%
• 1Y: 28.65%
• 3Y*: 13.30%
• 5Y*: 17.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMOM vs. OILK - Expense Ratio Comparison

AMOM has a 0.75% expense ratio, which is higher than OILK's 0.68% expense ratio.

AMOM

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF

OILK

ProShares K-1 Free Crude Oil Strategy ETF

Return for Risk

AMOM vs. OILK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMOM

AMOM Risk / Return Rank: 64
AMOM Sharpe Ratio Rank: 59
AMOM Sortino Ratio Rank: 60
AMOM Omega Ratio Rank: 58
AMOM Calmar Ratio Rank: 76
AMOM Martin Ratio Rank: 67

OILK

OILK Risk / Return Rank: 56
OILK Sharpe Ratio Rank: 58
OILK Sortino Ratio Rank: 58
OILK Omega Ratio Rank: 51
OILK Calmar Ratio Rank: 75
OILK Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMOM vs. OILK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMOM	OILK	Difference
Sharpe ratio Return per unit of total volatility	1.00	1.00	+0.01
Sortino ratio Return per unit of downside risk	1.49	1.45	+0.03
Omega ratio Gain probability vs. loss probability	1.21	1.19	+0.02
Calmar ratio Return relative to maximum drawdown	1.93	1.86	+0.08
Martin ratio Return relative to average drawdown	6.59	3.27	+3.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMOM vs. OILK - Sharpe Ratio Comparison

The current AMOM Sharpe Ratio is 1.00, which is comparable to the OILK Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of AMOM and OILK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMOM	OILK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	1.00	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.60	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.08	+0.50

Correlation

The correlation between AMOM and OILK is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMOM vs. OILK - Dividend Comparison

AMOM's dividend yield for the trailing twelve months is around 0.09%, less than OILK's 2.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF	0.09%	0.09%	0.00%	0.47%	0.72%	0.74%	24.31%	5.51%	0.00%	0.00%
OILK ProShares K-1 Free Crude Oil Strategy ETF	2.67%	4.79%	3.11%	5.80%	17.32%	68.82%	0.13%	0.94%	0.58%	6.17%

Drawdowns

AMOM vs. OILK - Drawdown Comparison

The maximum AMOM drawdown since its inception was -39.68%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for AMOM and OILK.

Drawdown Indicators

	AMOM	OILK	Difference
Max Drawdown Largest peak-to-trough decline	-39.68%	-83.76%	+44.08%
Max Drawdown (1Y) Largest decline over 1 year	-13.10%	-17.35%	+4.25%
Max Drawdown (5Y) Largest decline over 5 years	-39.68%	-34.69%	-4.99%
Current Drawdown Current decline from peak	-9.54%	-12.04%	+2.50%
Average Drawdown Average peak-to-trough decline	-11.05%	-33.09%	+22.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.84%	9.86%	-6.02%

Volatility

AMOM vs. OILK - Volatility Comparison

The current volatility for QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) is 8.79%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 12.23%. This indicates that AMOM experiences smaller price fluctuations and is considered to be less risky than OILK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMOM	OILK	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.79%	12.23%	-3.44%
Volatility (6M) Calculated over the trailing 6-month period	17.55%	20.23%	-2.68%
Volatility (1Y) Calculated over the trailing 1-year period	25.18%	29.05%	-3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.51%	29.85%	-6.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	35.99%	-11.01%