PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FRO vs. OILU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

FRO vs. OILU - Performance Comparison

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

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-45.21%
-33.48%
FRO
OILU

Key characteristics

Sharpe Ratio

FRO:

-0.69

OILU:

-0.56

Sortino Ratio

FRO:

-0.85

OILU:

-0.52

Omega Ratio

FRO:

0.91

OILU:

0.94

Calmar Ratio

FRO:

-0.30

OILU:

-0.43

Martin Ratio

FRO:

-1.51

OILU:

-1.15

Ulcer Index

FRO:

18.36%

OILU:

26.73%

Daily Std Dev

FRO:

40.23%

OILU:

54.79%

Max Drawdown

FRO:

-98.40%

OILU:

-71.54%

Current Drawdown

FRO:

-91.14%

OILU:

-70.83%

Returns By Period

In the year-to-date period, FRO achieves a -26.90% return, which is significantly higher than OILU's -29.03% return.


FRO

YTD

-26.90%

1M

-32.41%

6M

-45.21%

1Y

-29.74%

5Y*

12.18%

10Y*

7.85%

OILU

YTD

-29.03%

1M

-34.61%

6M

-33.48%

1Y

-31.52%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for FRO, currently valued at -0.69, compared to the broader market-4.00-2.000.002.00-0.69-0.56
The chart of Sortino ratio for FRO, currently valued at -0.85, compared to the broader market-4.00-2.000.002.004.00-0.85-0.52
The chart of Omega ratio for FRO, currently valued at 0.91, compared to the broader market0.501.001.502.000.910.94
The chart of Calmar ratio for FRO, currently valued at -0.55, compared to the broader market0.002.004.006.00-0.55-0.43
The chart of Martin ratio for FRO, currently valued at -1.51, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.51-1.15
FRO
OILU

The current FRO Sharpe Ratio is -0.69, which is comparable to the OILU Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of FRO and OILU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.69
-0.56
FRO
OILU

Dividends

FRO vs. OILU - Dividend Comparison

FRO's dividend yield for the trailing twelve months is around 14.57%, while OILU has not paid dividends to shareholders.


TTM202320222021202020192018201720162015
FRO
Frontline Ltd.
14.57%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 -71.54%. Use the drawdown chart below to compare losses from any high point for FRO and OILU. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-50.62%
-70.83%
FRO
OILU

Volatility

FRO vs. OILU - Volatility Comparison

Frontline Ltd. (FRO) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) have volatilities of 15.27% and 15.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
15.27%
15.50%
FRO
OILU
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab