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FRO vs. OILU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FRO and OILU is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


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.

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Key characteristics

Sharpe Ratio

FRO:

-0.53

OILU:

-0.64

Sortino Ratio

FRO:

-0.46

OILU:

-0.61

Omega Ratio

FRO:

0.95

OILU:

0.91

Calmar Ratio

FRO:

-0.28

OILU:

-0.62

Martin Ratio

FRO:

-0.81

OILU:

-1.52

Ulcer Index

FRO:

31.08%

OILU:

32.93%

Daily Std Dev

FRO:

50.95%

OILU:

77.81%

Max Drawdown

FRO:

-98.40%

OILU:

-81.00%

Current Drawdown

FRO:

-87.71%

OILU:

-74.05%

Returns By Period

In the year-to-date period, FRO achieves a 30.78% return, which is significantly higher than OILU's -19.43% return.


FRO

YTD

30.78%

1M

24.04%

6M

-1.23%

1Y

-26.78%

5Y*

30.30%

10Y*

10.57%

OILU

YTD

-19.43%

1M

23.10%

6M

-38.52%

1Y

-49.79%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

FRO vs. OILU — Risk-Adjusted Performance Rank

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

FRO
The Risk-Adjusted Performance Rank of FRO is 2727
Overall Rank
The Sharpe Ratio Rank of FRO is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of FRO is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FRO is 2424
Omega Ratio Rank
The Calmar Ratio Rank of FRO is 3333
Calmar Ratio Rank
The Martin Ratio Rank of FRO is 3232
Martin Ratio Rank

OILU
The Risk-Adjusted Performance Rank of OILU is 22
Overall Rank
The Sharpe Ratio Rank of OILU is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of OILU is 44
Sortino Ratio Rank
The Omega Ratio Rank of OILU is 33
Omega Ratio Rank
The Calmar Ratio Rank of OILU is 11
Calmar Ratio Rank
The Martin Ratio Rank of OILU is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FRO Sharpe Ratio is -0.53, which is comparable to the OILU Sharpe Ratio of -0.64. 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.


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Dividends

FRO vs. OILU - Dividend Comparison

FRO's dividend yield for the trailing twelve months is around 9.72%, while OILU has not paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
FRO
Frontline Ltd.
9.72%13.74%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%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 -81.00%. Use the drawdown chart below to compare losses from any high point for FRO and OILU. For additional features, visit the drawdowns tool.


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Volatility

FRO vs. OILU - Volatility Comparison

The current volatility for Frontline Ltd. (FRO) is 10.29%, while MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has a volatility of 20.19%. 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.


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