AUGW vs. OILK
AUGW (AllianzIM U.S. Large Cap Buffer20 Aug ETF) and OILK (ProShares K-1 Free Crude Oil ETF) are both exchange-traded funds - AUGW is a Options Trading fund actively managed by Allianz, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. AUGW is actively managed, while OILK is passively managed. Over the past 3 years, AUGW returned 11.08%/yr vs 11.27%/yr for OILK. Their -0.07 correlation means they have often moved in opposite directions in the past. AUGW charges 0.74%/yr vs 0.69%/yr for OILK.
Performance
AUGW vs. OILK - Performance Comparison
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Returns By Period
In the year-to-date period, AUGW achieves a 5.40% return, which is significantly lower than OILK's 52.43% return.
AUGW
- 1D
- 0.06%
- 1M
- 0.63%
- 6M
- 4.83%
- YTD
- 5.40%
- 1Y
- 10.66%
- 3Y*
- 11.08%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.12%
OILK
- 1D
- 0.57%
- 1M
- 12.53%
- 6M
- 35.52%
- YTD
- 52.43%
- 1Y
- 38.09%
- 3Y*
- 11.27%
- 5Y*
- 14.44%
- 10Y*
- —
- ALL TIME*
- 3.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $761.06K | $423.78K | $328.81K | |
| $7.09M | $6.91M | $10.69M |
AUGW vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AUGW AllianzIM U.S. Large Cap Buffer20 Aug ETF | 5.40% | 11.19% | 13.19% | 3.40% |
OILK ProShares K-1 Free Crude Oil ETF | 52.43% | -11.86% | 8.18% | -5.47% |
Correlation
The correlation between AUGW and OILK is -0.26, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.26 |
Correlation (3Y) Balances recent behavior with more history. | -0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023 | -0.07 |
The correlation between AUGW and OILK shifts across timeframes, from -0.26 (1 year) to -0.07 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
AUGW vs. OILK — Risk / Return Rank
AUGW
OILK
AUGW vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) and ProShares K-1 Free Crude Oil 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AUGW | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.20 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 1.61 | +1.54 |
| Martin ratioReturn relative to average drawdown | 17.10 | 4.54 | +12.56 |
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Drawdowns
AUGW vs. OILK - Drawdown Comparison
The maximum AUGW drawdown since its inception was -8.76%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for AUGW and OILK.
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Drawdown Indicators
| AUGW | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.76% | -83.76% | +75.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.20% | -21.19% | +17.99% |
Max Drawdown (3Y)Largest decline over 3 years | -8.76% | -23.42% | +14.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.69% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.57% | +10.57% |
Average DrawdownAverage peak-to-trough decline | -0.70% | -32.28% | +31.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 8.49% | -7.90% |
Volatility
AUGW vs. OILK - Volatility Comparison
The current volatility for AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) is 0.32%, while ProShares K-1 Free Crude Oil ETF (OILK) has a volatility of 11.31%. This indicates that AUGW 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.
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Volatility by Period
| AUGW | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.32% | 11.31% | -10.99% |
Volatility (6M)Calculated over the trailing 6-month period | 3.24% | 25.98% | -22.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.43% | 30.21% | -25.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.60% | 30.46% | -23.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.60% | 35.99% | -29.39% |
AUGW vs. OILK - Expense Ratio Comparison
AUGW has a 0.74% expense ratio, which is higher than OILK's 0.69% expense ratio.
Dividends
AUGW vs. OILK - Dividend Comparison
AUGW has not paid dividends to shareholders, while OILK's dividend yield for the trailing twelve months is around 8.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AUGW AllianzIM U.S. Large Cap Buffer20 Aug ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OILK ProShares K-1 Free Crude Oil ETF | 8.37% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Frequently Asked Questions
AUGW and OILK have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (11.31%) compared to AUGW (0.32%). In terms of maximum drawdown, AUGW dropped -8.76% vs OILK's -83.76%.
On 3-year performance, OILK leads with 11.27% vs 11.08% for AUGW. On fees, OILK is cheaper at 0.69% per year. On volatility, AUGW has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, OILK has performed better with a 11.27% return vs 11.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILK is cheaper with a 0.69% expense ratio, compared with 0.74% for AUGW.
OILK has the higher dividend yield at 8.37%, compared with 0.00% for AUGW.
AUGW is categorized as Options Trading, while OILK is Oil & Gas. They also come from different issuers: Allianz and ProShares. Their fees differ too: 0.74% for AUGW and 0.69% for OILK.
AUGW currently has the higher Sharpe Ratio (2.27 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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