CSEN vs. OILU

Last updated Aug 4, 2026

CSEN (Cohen & Steers Future of Energy Active ETF) and OILU (MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN) are both exchange-traded funds - CSEN is a Energy Equities fund actively managed by Cohen & Steers, while OILU is a Leveraged Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index. CSEN is actively managed, while OILU is passively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. CSEN charges 0.80%/yr vs 0.95%/yr for OILU.

Performance

CSEN vs. OILU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Future of Energy Active ETF (CSEN) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSEN

• 1D: -0.14%
• 1M: 5.61%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

OILU

• 1D: -4.14%
• 1M: 32.93%
• 6M: 40.98%
• YTD: 87.02%
• 1Y: 99.31%
• 3Y*: 0.08%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSEN Cohen & Steers Future of Energy Active ETF	$463.01K	$572.30K	$765.26K
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	$8.15M	$7.77M	$7.91M

CSEN vs. OILU - Yearly Performance Comparison

	2026 (YTD)
CSEN Cohen & Steers Future of Energy Active ETF	0.47%
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	3.41%

Correlation

The correlation between CSEN and OILU is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 15, 2026	0.60

Return for Risk

CSEN vs. OILU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CSEN

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

OILU

OILU Risk / Return Rank: 56
OILU Sharpe Ratio Rank: 65
OILU Sortino Ratio Rank: 56
OILU Omega Ratio Rank: 54
OILU Calmar Ratio Rank: 59
OILU Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CSEN vs. OILU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Future of Energy Active ETF (CSEN) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). 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.

	CSEN	OILU	Difference
Sharpe ratio: Return per unit of total volatility	—	1.56	—
Sortino ratio: Return per unit of downside risk	—	2.01	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.15	—
Martin ratio: Return relative to average drawdown	—	5.28	—

Drawdowns

CSEN vs. OILU - Drawdown Comparison

The maximum CSEN drawdown since its inception was -5.10%, smaller than the maximum OILU drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for CSEN and OILU.

Drawdown Indicators

	CSEN	OILU	Difference
Max Drawdown Largest peak-to-trough decline	-5.10%	-81.00%	+75.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-46.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-69.09%	—
Current Drawdown Current decline from peak	-1.19%	-49.70%	+48.51%
Average Drawdown Average peak-to-trough decline	-2.20%	-50.69%	+48.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.87%	—

Volatility

Volatility by Period

	CSEN	OILU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	52.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	64.31%	-47.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	80.79%	-63.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	80.79%	-63.80%

CSEN vs. OILU - Expense Ratio Comparison

CSEN has a 0.80% expense ratio, which is lower than OILU's 0.95% expense ratio.

Dividends

CSEN vs. OILU - Dividend Comparison

CSEN's dividend yield for the trailing twelve months is around 0.32%, while OILU has not paid dividends to shareholders.

Position	TTM
CSEN Cohen & Steers Future of Energy Active ETF	0.32%
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	0.00%

Frequently Asked Questions

Can I hold both CSEN and OILU in my portfolio?

CSEN and OILU have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSEN or OILU?

On fees, CSEN is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSEN or OILU?

CSEN is cheaper with a 0.80% expense ratio, compared with 0.95% for OILU.

Which ETF pays a higher dividend yield, CSEN or OILU?

CSEN has the higher dividend yield at 0.32%, compared with 0.00% for OILU.

What is the main difference between CSEN and OILU?

CSEN is categorized as Energy Equities, while OILU is Leveraged Equities. They also come from different issuers: Cohen & Steers and BMO. Their fees differ too: 0.80% for CSEN and 0.95% for OILU.