BMNU vs. OILD

Last updated Jun 6, 2026

BMNU (T-REX 2X Long BMNR Daily Target ETF) and OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) are both exchange-traded funds - BMNU is a Leveraged Equities fund actively managed by REX, while OILD is a Inverse Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). BMNU is actively managed, while OILD is passively managed. At a correlation of -0.08, they often move in opposite directions. BMNU charges 1.50%/yr vs 0.95%/yr for OILD.

Performance

BMNU vs. OILD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long BMNR Daily Target ETF (BMNU) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMNU achieves a -79.08% return, which is significantly lower than OILD's -58.73% return.

BMNU

• 1D: -21.88%
• 1M: -55.16%
• YTD: -79.08%
• 6M: -87.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OILD

• 1D: 6.75%
• 1M: -2.06%
• YTD: -58.73%
• 6M: -55.65%
• 1Y: -72.39%
• 3Y*: -46.96%
• 5Y*: —
• 10Y*: —

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

BMNU vs. OILD - Yearly Performance Comparison

	2026 (YTD)	2025
BMNU T-REX 2X Long BMNR Daily Target ETF	-79.08%	-81.57%
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-58.73%	1.64%

Correlation

The correlation between BMNU and OILD is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	-0.08

Return for Risk

BMNU vs. OILD — Risk / Return Rank

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

OILD

OILD Risk / Return Rank: 0
OILD Sharpe Ratio Rank: 1
OILD Sortino Ratio Rank: 0
OILD Omega Ratio Rank: 0
OILD Calmar Ratio Rank: 0
OILD Martin Ratio Rank: 1

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.

BMNU vs. OILD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long BMNR Daily Target ETF (BMNU) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BMNU	OILD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	-0.75	+0.22

Drawdowns

BMNU vs. OILD - Drawdown Comparison

The maximum BMNU drawdown since its inception was -97.45%, roughly equal to the maximum OILD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for BMNU and OILD.

Drawdown Indicators

	BMNU	OILD	Difference
Max Drawdown Largest peak-to-trough decline	-97.45%	-98.90%	+1.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-88.53%	—
Current Drawdown Current decline from peak	-97.45%	-98.66%	+1.21%
Average Drawdown Average peak-to-trough decline	-79.89%	-88.65%	+8.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	47.05%	—

Volatility

Volatility by Period

	BMNU	OILD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	188.75%	61.20%	+127.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	188.75%	79.39%	+109.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.75%	79.39%	+109.36%

BMNU vs. OILD - Expense Ratio Comparison

BMNU has a 1.50% expense ratio, which is higher than OILD's 0.95% expense ratio.

Dividends

BMNU vs. OILD - Dividend Comparison

Neither BMNU nor OILD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BMNU and OILD in my portfolio?

BMNU and OILD have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BMNU or OILD?

On fees, OILD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BMNU or OILD?

OILD is cheaper with a 0.95% expense ratio, compared with 1.50% for BMNU.

Which ETF pays a higher dividend yield, BMNU or OILD?

BMNU and OILD have nearly identical dividend yields, around 0.00%.

What is the main difference between BMNU and OILD?

BMNU is categorized as Leveraged Equities, while OILD is Inverse Equities. Their fees differ too: 1.50% for BMNU and 0.95% for OILD.