BMED vs. OILK
BMED (Future Health ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - BMED is a Health & Biotech Equities fund actively managed by BlackRock, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. BMED is actively managed, while OILK is passively managed. Over the past 5 years, BMED returned -0.76%/yr vs 12.04%/yr for OILK. At a 0.00 correlation, their price movements are largely independent. BMED charges 0.85%/yr vs 0.68%/yr for OILK.
Performance
BMED vs. OILK - Performance Comparison
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Returns By Period
In the year-to-date period, BMED achieves a -2.75% return, which is significantly lower than OILK's 35.89% return.
BMED
- 1D
- 1.86%
- 1M
- 5.01%
- YTD
- -2.75%
- 6M
- -4.38%
- 1Y
- 19.13%
- 3Y*
- 6.27%
- 5Y*
- -0.76%
- 10Y*
- —
OILK
- 1D
- -3.47%
- 1M
- -16.39%
- YTD
- 35.89%
- 6M
- 33.85%
- 1Y
- 28.18%
- 3Y*
- 12.58%
- 5Y*
- 12.04%
- 10Y*
- —
BMED vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BMED Future Health ETF | -2.75% | 21.79% | 1.55% | 5.70% | -19.69% | -3.96% | 17.62% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 35.89% | -11.86% | 8.18% | -0.97% | 27.57% | 63.71% | 18.13% |
Correlation
The correlation between BMED and OILK is -0.32, 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 | -0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2020 | 0.00 |
The correlation between BMED and OILK shifts across timeframes, from -0.32 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BMED vs. OILK — Risk / Return Rank
BMED
OILK
BMED vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Health ETF (BMED) 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.
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.
| BMED | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.18 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.40 | -0.10 |
| Martin ratioReturn relative to average drawdown | 3.02 | 3.56 | -0.54 |
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Drawdowns
BMED vs. OILK - Drawdown Comparison
The maximum BMED drawdown since its inception was -36.44%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for BMED and OILK.
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Drawdown Indicators
| BMED | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.44% | -83.76% | +47.32% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -20.28% | +5.43% |
Max Drawdown (3Y)Largest decline over 3 years | -20.12% | -23.42% | +3.30% |
Max Drawdown (5Y)Largest decline over 5 years | -33.90% | -34.69% | +0.79% |
Current DrawdownCurrent decline from peak | -8.88% | -20.28% | +11.40% |
Average DrawdownAverage peak-to-trough decline | -19.00% | -32.47% | +13.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 7.93% | -1.58% |
Volatility
BMED vs. OILK - Volatility Comparison
The current volatility for Future Health ETF (BMED) is 5.02%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 8.49%. This indicates that BMED 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
| BMED | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 8.49% | -3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 11.50% | 24.37% | -12.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.51% | 28.64% | -13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 30.31% | -12.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.75% | 35.97% | -18.22% |
BMED vs. OILK - Expense Ratio Comparison
BMED has a 0.85% expense ratio, which is higher than OILK's 0.68% expense ratio.
Dividends
BMED vs. OILK - Dividend Comparison
BMED's dividend yield for the trailing twelve months is around 0.28%, less than OILK's 9.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BMED Future Health ETF | 0.28% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 9.88% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Frequently Asked Questions
BMED and OILK have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (8.49%) compared to BMED (5.02%). In terms of maximum drawdown, BMED dropped -36.44% vs OILK's -83.76%.
On 5-year performance, OILK leads with 12.04% vs -0.76% for BMED. On fees, OILK is cheaper at 0.68% per year. On volatility, BMED has been the lower-risk option at 5.02%. 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 12.04% return vs -0.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILK is cheaper with a 0.68% expense ratio, compared with 0.85% for BMED.
OILK has the higher dividend yield at 9.88%, compared with 0.28% for BMED.
BMED is categorized as Health & Biotech Equities, while OILK is Oil & Gas. They also come from different issuers: BlackRock and ProShares. Their fees differ too: 0.85% for BMED and 0.68% for OILK.
BMED currently has the higher Sharpe Ratio (1.25 vs 1.00), 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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