GFLW vs. OILK
GFLW (VictoryShares Free Cash Flow Growth ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - GFLW is a Large Cap Growth Equities fund tracking the Victory Free Cash Flow Growth Index, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. Both are passively managed. Over the past year, GFLW returned 28.18% vs 56.95% for OILK. At a correlation of -0.08, they often move in opposite directions. GFLW charges 0.39%/yr vs 0.68%/yr for OILK.
Performance
GFLW vs. OILK - Performance Comparison
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Returns By Period
In the year-to-date period, GFLW achieves a 16.29% return, which is significantly lower than OILK's 61.09% return.
GFLW
- 1D
- -0.23%
- 1M
- 7.42%
- YTD
- 16.29%
- 6M
- 14.73%
- 1Y
- 28.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OILK
- 1D
- -1.91%
- 1M
- -2.15%
- YTD
- 61.09%
- 6M
- 56.40%
- 1Y
- 56.95%
- 3Y*
- 18.39%
- 5Y*
- 17.28%
- 10Y*
- —
GFLW vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GFLW VictoryShares Free Cash Flow Growth ETF | 16.29% | 18.40% | -6.12% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 61.09% | -11.86% | 3.92% |
Correlation
The correlation between GFLW and OILK is -0.25, 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 | -0.25 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | -0.08 |
The correlation between GFLW and OILK shifts across timeframes, from -0.25 (1 year) to -0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GFLW vs. OILK — Risk / Return Rank
GFLW
OILK
GFLW vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Free Cash Flow Growth ETF (GFLW) 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.
| GFLW | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.33 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 3.30 | -1.40 |
| Martin ratioReturn relative to average drawdown | 6.43 | 6.67 | -0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GFLW | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 1.99 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.11 | +0.66 |
Drawdowns
GFLW vs. OILK - Drawdown Comparison
The maximum GFLW drawdown since its inception was -24.14%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for GFLW and OILK.
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Drawdown Indicators
| GFLW | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.14% | -83.76% | +59.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.95% | -17.35% | +2.40% |
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 | -0.42% | -5.49% | +5.07% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -32.60% | +27.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 8.57% | -4.18% |
Volatility
GFLW vs. OILK - Volatility Comparison
The current volatility for VictoryShares Free Cash Flow Growth ETF (GFLW) is 5.05%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.52%. This indicates that GFLW 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.
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Volatility by Period
| GFLW | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 10.52% | -5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 23.32% | -8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.30% | 28.82% | -9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.54% | 30.13% | -5.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.54% | 35.97% | -11.43% |
GFLW vs. OILK - Expense Ratio Comparison
GFLW has a 0.39% expense ratio, which is lower than OILK's 0.68% expense ratio.
Dividends
GFLW vs. OILK - Dividend Comparison
GFLW's dividend yield for the trailing twelve months is around 0.01%, less than OILK's 8.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GFLW VictoryShares Free Cash Flow Growth ETF | 0.01% | 0.02% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 8.34% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Frequently Asked Questions
GFLW and OILK have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (10.52%) compared to GFLW (5.05%). In terms of maximum drawdown, GFLW dropped -24.14% vs OILK's -83.76%.
On 1-year performance, OILK leads with 56.95% vs 28.18% for GFLW. On fees, GFLW is cheaper at 0.39% per year. On volatility, GFLW has been the lower-risk option at 5.05%. 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 56.95% return vs 28.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GFLW is cheaper with a 0.39% expense ratio, compared with 0.68% for OILK.
OILK has the higher dividend yield at 8.34%, compared with 0.01% for GFLW.
GFLW is categorized as Large Cap Growth Equities, while OILK is Oil & Gas. GFLW tracks Victory Free Cash Flow Growth Index, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: Victory and ProShares. Their fees differ too: 0.39% for GFLW and 0.68% for OILK.
OILK currently has the higher Sharpe Ratio (1.99 vs 1.47), 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.
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