EDOC vs. OILK
EDOC (Global X Telemedicine & Digital Health ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - EDOC is a Health & Biotech Equities fund tracking the Solactive Telemedicine & Digital Health Index- TR Net, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. Both are passively managed. Over the past 5 years, EDOC returned -14.71%/yr vs 17.73%/yr for OILK. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.68% expense ratio.
Performance
EDOC vs. OILK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDOC achieves a -15.57% return, which is significantly lower than OILK's 64.22% return.
EDOC
- 1D
- -1.16%
- 1M
- -2.59%
- YTD
- -15.57%
- 6M
- -20.78%
- 1Y
- -22.08%
- 3Y*
- -10.46%
- 5Y*
- -14.71%
- 10Y*
- —
OILK
- 1D
- 1.40%
- 1M
- -1.65%
- YTD
- 64.22%
- 6M
- 60.70%
- 1Y
- 58.99%
- 3Y*
- 19.03%
- 5Y*
- 17.73%
- 10Y*
- —
EDOC vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -15.57% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 23.87% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 64.22% | -11.86% | 8.18% | -0.97% | 27.57% | 63.71% | 15.03% |
Correlation
The correlation between EDOC and OILK is -0.24, 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 | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2020 | 0.05 |
The correlation between EDOC and OILK shifts across timeframes, from -0.24 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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
EDOC vs. OILK — Risk / Return Rank
EDOC
OILK
EDOC vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) 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.
| EDOC | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -3.99 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.34 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 3.42 | -4.14 |
| Martin ratioReturn relative to average drawdown | -1.46 | 6.91 | -8.37 |
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
| EDOC | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.01 | 2.06 | -3.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.56 | 0.59 | -1.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 0.12 | -0.51 |
Drawdowns
EDOC vs. OILK - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for EDOC and OILK.
Loading charts...
Drawdown Indicators
| EDOC | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -83.76% | +18.00% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -17.35% | -13.36% |
Max Drawdown (3Y)Largest decline over 3 years | -35.78% | -23.42% | -12.36% |
Max Drawdown (5Y)Largest decline over 5 years | -60.36% | -34.69% | -25.67% |
Current DrawdownCurrent decline from peak | -63.55% | -3.66% | -59.89% |
Average DrawdownAverage peak-to-trough decline | -43.02% | -32.61% | -10.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.13% | 8.56% | +6.57% |
Volatility
EDOC vs. OILK - Volatility Comparison
The current volatility for Global X Telemedicine & Digital Health ETF (EDOC) is 5.21%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that EDOC 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
| EDOC | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 10.44% | -5.23% |
Volatility (6M)Calculated over the trailing 6-month period | 15.69% | 23.26% | -7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.89% | 28.75% | -6.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.37% | 30.12% | -3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.18% | 35.97% | -9.79% |
EDOC vs. OILK - Expense Ratio Comparison
Both EDOC and OILK have an expense ratio of 0.68%.
Dividends
EDOC vs. OILK - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.39%, less than OILK's 8.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.39% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 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
EDOC and OILK have a correlation of -0.24, 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 EDOC (5.21%). In terms of maximum drawdown, EDOC dropped -65.76% vs OILK's -83.76%.
On 5-year performance, OILK leads with 17.73% vs -14.71% for EDOC. Both ETFs have the same 0.68% expense ratio. On volatility, EDOC has been the lower-risk option at 5.21%. 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 -14.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EDOC and OILK have the same expense ratio: 0.68% per year.
OILK has the higher dividend yield at 8.18%, compared with 0.39% for EDOC.
EDOC is categorized as Health & Biotech Equities, while OILK is Oil & Gas. EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: Global X and ProShares.
OILK currently has the higher Sharpe Ratio (2.06 vs -1.01), 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 EDOC 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