FRO vs. OILU
Compare and contrast key facts about Frontline Ltd. (FRO) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU).
OILU is managed by BMO Financial Group. It was launched on Mar 24, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRO or OILU.
Performance
FRO vs. OILU - Performance Comparison
Returns By Period
In the year-to-date period, FRO achieves a 9.43% return, which is significantly higher than OILU's 5.09% return.
FRO
9.43%
-7.28%
-25.31%
0.47%
23.99%
19.17%
OILU
5.09%
13.61%
-16.76%
0.30%
N/A
N/A
Key characteristics
| FRO | OILU | |
|---|---|---|
| Sharpe Ratio | 0.06 | 0.01 |
| Sortino Ratio | 0.36 | 0.39 |
| Omega Ratio | 1.04 | 1.05 |
| Calmar Ratio | 0.02 | 0.01 |
| Martin Ratio | 0.16 | 0.03 |
| Ulcer Index | 13.72% | 24.25% |
| Daily Std Dev | 38.29% | 54.23% |
| Max Drawdown | -98.40% | -67.43% |
| Current Drawdown | -86.74% | -56.80% |
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Correlation
The correlation between FRO and OILU is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FRO vs. OILU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Frontline Ltd. (FRO) 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.
Dividends
FRO vs. OILU - Dividend Comparison
FRO's dividend yield for the trailing twelve months is around 9.32%, while OILU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRO Frontline Ltd. | 9.32% | 14.31% | 1.24% | 0.00% | 25.72% | 0.78% | 0.00% | 6.54% | 14.77% | 1.67% |
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FRO vs. OILU - Drawdown Comparison
The maximum FRO drawdown since its inception was -98.40%, which is greater than OILU's maximum drawdown of -67.43%. Use the drawdown chart below to compare losses from any high point for FRO and OILU. For additional features, visit the drawdowns tool.
Volatility
FRO vs. OILU - Volatility Comparison
The current volatility for Frontline Ltd. (FRO) is 11.11%, while MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has a volatility of 16.09%. This indicates that FRO experiences smaller price fluctuations and is considered to be less risky than OILU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.