EDGX vs. OILK

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - EDGX is a Derivative Income fund tracking the Solactive GBS United States 500 Index, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. Both are passively managed. At a correlation of -0.62, they often move in opposite directions.

Performance

EDGX vs. OILK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OILK

• 1D: 1.40%
• 1M: -1.65%
• YTD: 64.22%
• 6M: 60.70%
• 1Y: 58.99%
• 3Y*: 19.03%
• 5Y*: 17.73%
• 10Y*: —

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

EDGX vs. OILK - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
OILK ProShares K-1 Free Crude Oil Strategy ETF	45.41%

Correlation

The correlation between EDGX and OILK is -0.62, 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 (All Time) Calculated using the full available price history since Feb 19, 2026	-0.62

Return for Risk

EDGX vs. OILK — Risk / Return Rank

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

OILK

OILK Risk / Return Rank: 55
OILK Sharpe Ratio Rank: 60
OILK Sortino Ratio Rank: 53
OILK Omega Ratio Rank: 54
OILK Calmar Ratio Rank: 68
OILK Martin Ratio Rank: 42

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.

EDGX vs. OILK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) 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.

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

Sharpe Ratios by Period

	EDGX	OILK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.12	+2.93

Drawdowns

EDGX vs. OILK - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for EDGX and OILK.

Drawdown Indicators

	EDGX	OILK	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-83.76%	+76.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.69%	—
Current Drawdown Current decline from peak	-0.49%	-3.66%	+3.17%
Average Drawdown Average peak-to-trough decline	-1.50%	-32.61%	+31.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.56%	—

Volatility

Volatility by Period

	EDGX	OILK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	28.75%	-15.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	30.12%	-17.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	35.97%	-22.87%

Dividends

EDGX vs. OILK - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than OILK's 8.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDGX Global X U.S. 500 Income Edge ETF	2.43%	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 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

Can I hold both EDGX and OILK in my portfolio?

EDGX and OILK have a correlation of -0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, EDGX or OILK?

OILK has the higher dividend yield at 8.18%, compared with 2.43% for EDGX.

What is the main difference between EDGX and OILK?

EDGX is categorized as Derivative Income, while OILK is Oil & Gas. EDGX tracks Solactive GBS United States 500 Index, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: Global X and ProShares.