AVSF vs. OILK
AVSF (Avantis Short-Term Fixed Income ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - AVSF is a Short-Term Bond fund actively managed by Avantis, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. AVSF is actively managed, while OILK is passively managed. Over the past 5 years, AVSF returned 1.83%/yr vs 17.73%/yr for OILK. At a correlation of -0.12, they often move in opposite directions. AVSF charges 0.15%/yr vs 0.68%/yr for OILK.
Performance
AVSF vs. OILK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVSF achieves a 0.43% return, which is significantly lower than OILK's 64.22% return.
AVSF
- 1D
- -0.09%
- 1M
- 0.10%
- YTD
- 0.43%
- 6M
- 0.72%
- 1Y
- 4.02%
- 3Y*
- 4.80%
- 5Y*
- 1.83%
- 10Y*
- —
OILK
- 1D
- 1.40%
- 1M
- -1.65%
- YTD
- 64.22%
- 6M
- 60.70%
- 1Y
- 58.99%
- 3Y*
- 19.03%
- 5Y*
- 17.73%
- 10Y*
- —
AVSF vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVSF Avantis Short-Term Fixed Income ETF | 0.43% | 6.57% | 3.81% | 5.25% | -5.52% | -1.17% | 0.53% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 64.22% | -11.86% | 8.18% | -0.97% | 27.57% | 63.71% | 15.28% |
Correlation
The correlation between AVSF and OILK is -0.40, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | -0.12 |
Over the past year, the inverse relationship between AVSF and OILK has strengthened: their correlation has moved from -0.12 to -0.40, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVSF vs. OILK — Risk / Return Rank
AVSF
OILK
AVSF vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Short-Term Fixed Income ETF (AVSF) 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.
| AVSF | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.34 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.42 | -0.57 |
| Martin ratioReturn relative to average drawdown | 10.80 | 6.91 | +3.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AVSF | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.06 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.59 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.12 | +0.55 |
Drawdowns
AVSF vs. OILK - Drawdown Comparison
The maximum AVSF drawdown since its inception was -8.85%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for AVSF and OILK.
Loading charts...
Drawdown Indicators
| AVSF | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.85% | -83.76% | +74.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.42% | -17.35% | +15.93% |
Max Drawdown (3Y)Largest decline over 3 years | -1.42% | -23.42% | +22.00% |
Max Drawdown (5Y)Largest decline over 5 years | -8.85% | -34.69% | +25.84% |
Current DrawdownCurrent decline from peak | -0.55% | -3.66% | +3.11% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -32.61% | +30.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 8.56% | -8.19% |
Volatility
AVSF vs. OILK - Volatility Comparison
The current volatility for Avantis Short-Term Fixed Income ETF (AVSF) is 0.56%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that AVSF 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.
Loading charts...
Volatility by Period
| AVSF | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 10.44% | -9.88% |
Volatility (6M)Calculated over the trailing 6-month period | 1.35% | 23.26% | -21.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.88% | 28.75% | -26.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.65% | 30.12% | -27.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.52% | 35.97% | -33.45% |
AVSF vs. OILK - Expense Ratio Comparison
AVSF has a 0.15% expense ratio, which is lower than OILK's 0.68% expense ratio.
Dividends
AVSF vs. OILK - Dividend Comparison
AVSF's dividend yield for the trailing twelve months is around 4.02%, less than OILK's 8.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AVSF Avantis Short-Term Fixed Income ETF | 4.02% | 4.31% | 4.34% | 3.93% | 1.78% | 0.48% | 0.10% | 0.00% | 0.00% | 0.00% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 8.18% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Frequently Asked Questions
AVSF and OILK have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (10.44%) compared to AVSF (0.56%). In terms of maximum drawdown, AVSF dropped -8.85% vs OILK's -83.76%.
On 5-year performance, OILK leads with 17.73% vs 1.83% for AVSF. On fees, AVSF is cheaper at 0.15% per year. On volatility, AVSF has been the lower-risk option at 0.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, OILK has performed better with a 17.73% return vs 1.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVSF is cheaper with a 0.15% expense ratio, compared with 0.68% for OILK.
OILK has the higher dividend yield at 8.18%, compared with 4.02% for AVSF.
AVSF is categorized as Short-Term Bond, while OILK is Oil & Gas. They also come from different issuers: Avantis and ProShares. Their fees differ too: 0.15% for AVSF and 0.68% for OILK.
AVSF currently has the higher Sharpe Ratio (2.15 vs 2.06), 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.
Find the right allocation for AVSF and OILK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer