HIDV vs. OILK
HIDV (AB US High Dividend ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - HIDV is a Large Cap Value Equities fund actively managed by AllianceBernstein, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. HIDV is actively managed, while OILK is passively managed. Over the past 3 years, HIDV returned 22.30%/yr vs 18.39%/yr for OILK. At a 0.01 correlation, their price movements are largely independent. HIDV charges 0.45%/yr vs 0.68%/yr for OILK.
Performance
HIDV vs. OILK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HIDV achieves a 11.35% return, which is significantly lower than OILK's 61.09% return.
HIDV
- 1D
- 0.36%
- 1M
- 4.19%
- YTD
- 11.35%
- 6M
- 12.26%
- 1Y
- 29.26%
- 3Y*
- 22.30%
- 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*
- —
HIDV vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIDV AB US High Dividend ETF | 11.35% | 14.64% | 26.01% | 22.21% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 61.09% | -11.86% | 8.18% | 11.88% |
Correlation
The correlation between HIDV and OILK is -0.30, 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 | -0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2023 | 0.01 |
The correlation between HIDV and OILK shifts across timeframes, from -0.30 (1 year) to 0.01 (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
HIDV vs. OILK — Risk / Return Rank
HIDV
OILK
HIDV vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) 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.
| HIDV | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.33 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 3.30 | -0.23 |
| Martin ratioReturn relative to average drawdown | 13.38 | 6.67 | +6.72 |
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
| HIDV | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 1.99 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.63 | 0.11 | +1.52 |
Drawdowns
HIDV vs. OILK - Drawdown Comparison
The maximum HIDV drawdown since its inception was -18.76%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for HIDV and OILK.
Loading charts...
Drawdown Indicators
| HIDV | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.76% | -83.76% | +65.00% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -17.35% | +7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -23.42% | +4.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.69% | — |
Current DrawdownCurrent decline from peak | -0.60% | -5.49% | +4.89% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -32.60% | +30.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 8.57% | -6.38% |
Volatility
HIDV vs. OILK - Volatility Comparison
The current volatility for AB US High Dividend ETF (HIDV) is 2.88%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.52%. This indicates that HIDV 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
| HIDV | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 10.52% | -7.64% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 23.32% | -14.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 28.82% | -16.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 30.13% | -15.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 35.97% | -21.46% |
HIDV vs. OILK - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is lower than OILK's 0.68% expense ratio.
Dividends
HIDV vs. OILK - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.26%, less than OILK's 8.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
HIDV AB US High Dividend ETF | 2.26% | 2.22% | 2.29% | 2.23% | 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
HIDV and OILK have a correlation of -0.30, 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 HIDV (2.88%). In terms of maximum drawdown, HIDV dropped -18.76% vs OILK's -83.76%.
On 3-year performance, HIDV leads with 22.30% vs 18.39% for OILK. On fees, HIDV is cheaper at 0.45% per year. On volatility, HIDV has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HIDV has performed better with a 22.30% return vs 18.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HIDV is cheaper with a 0.45% expense ratio, compared with 0.68% for OILK.
OILK has the higher dividend yield at 8.34%, compared with 2.26% for HIDV.
HIDV is categorized as Large Cap Value Equities, while OILK is Oil & Gas. They also come from different issuers: AllianceBernstein and ProShares. Their fees differ too: 0.45% for HIDV and 0.68% for OILK.
HIDV currently has the higher Sharpe Ratio (2.47 vs 1.99), 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 HIDV 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