FEBU vs. OILK
FEBU (AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - FEBU is a Defined Outcome fund actively managed by Allianz, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. FEBU is actively managed, while OILK is passively managed. Over the past year, FEBU returned 19.90% vs 58.99% for OILK. At a correlation of -0.09, they often move in opposite directions. FEBU charges 0.74%/yr vs 0.68%/yr for OILK.
Performance
FEBU vs. OILK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FEBU achieves a 8.26% return, which is significantly lower than OILK's 64.22% return.
FEBU
- 1D
- -0.52%
- 1M
- 4.11%
- YTD
- 8.26%
- 6M
- 7.92%
- 1Y
- 19.90%
- 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*
- —
FEBU vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FEBU AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 8.26% | 10.43% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 64.22% | -12.64% |
Correlation
The correlation between FEBU and OILK is -0.27, 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 | -0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2025 | -0.09 |
The correlation between FEBU and OILK shifts across timeframes, from -0.27 (1 year) to -0.09 (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
FEBU vs. OILK — Risk / Return Rank
FEBU
OILK
FEBU vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (FEBU) 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.
| FEBU | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 3.42 | -0.08 |
| Martin ratioReturn relative to average drawdown | 12.90 | 6.91 | +5.99 |
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
| FEBU | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.06 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.12 | +1.14 |
Drawdowns
FEBU vs. OILK - Drawdown Comparison
The maximum FEBU drawdown since its inception was -11.73%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for FEBU and OILK.
Loading charts...
Drawdown Indicators
| FEBU | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.73% | -83.76% | +72.03% |
Max Drawdown (1Y)Largest decline over 1 year | -5.99% | -17.35% | +11.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.69% | — |
Current DrawdownCurrent decline from peak | -0.52% | -3.66% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -1.89% | -32.61% | +30.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 8.56% | -7.01% |
Volatility
FEBU vs. OILK - Volatility Comparison
The current volatility for AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (FEBU) is 2.53%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that FEBU 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
| FEBU | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.53% | 10.44% | -7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 6.85% | 23.26% | -16.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.36% | 28.75% | -19.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.47% | 30.12% | -18.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.47% | 35.97% | -24.50% |
FEBU vs. OILK - Expense Ratio Comparison
FEBU has a 0.74% expense ratio, which is higher than OILK's 0.68% expense ratio.
Dividends
FEBU vs. OILK - Dividend Comparison
FEBU has not paid dividends to shareholders, while OILK's dividend yield for the trailing twelve months is around 8.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FEBU AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 0.00% | 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
FEBU and OILK have a correlation of -0.27, 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 FEBU (2.53%). In terms of maximum drawdown, FEBU dropped -11.73% vs OILK's -83.76%.
On 1-year performance, OILK leads with 58.99% vs 19.90% for FEBU. On fees, OILK is cheaper at 0.68% per year. On volatility, FEBU has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, OILK has performed better with a 58.99% return vs 19.90%. 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 0.74% for FEBU.
OILK has the higher dividend yield at 8.18%, compared with 0.00% for FEBU.
FEBU is categorized as Defined Outcome, while OILK is Oil & Gas. They also come from different issuers: Allianz and ProShares. Their fees differ too: 0.74% for FEBU and 0.68% for OILK.
FEBU currently has the higher Sharpe Ratio (2.14 vs 2.06), 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 FEBU 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