IBD vs. OILK
IBD (Inspire Corporate Bond Impact ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - IBD is a Corporate Bonds fund tracking the Inspire Corporate Bond Impact Equal Weight Index, while OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index. Both are passively managed. Over the past 5 years, IBD returned 1.30%/yr vs 17.73%/yr for OILK. At a correlation of -0.03, they often move in opposite directions. IBD charges 0.49%/yr vs 0.68%/yr for OILK.
Performance
IBD vs. OILK - Performance Comparison
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Returns By Period
In the year-to-date period, IBD achieves a -0.18% return, which is significantly lower than OILK's 64.22% return.
IBD
- 1D
- -0.19%
- 1M
- -0.01%
- YTD
- -0.18%
- 6M
- 0.16%
- 1Y
- 4.61%
- 3Y*
- 5.01%
- 5Y*
- 1.30%
- 10Y*
- —
OILK
- 1D
- 1.40%
- 1M
- -1.65%
- YTD
- 64.22%
- 6M
- 60.70%
- 1Y
- 58.99%
- 3Y*
- 19.03%
- 5Y*
- 17.73%
- 10Y*
- —
IBD vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBD Inspire Corporate Bond Impact ETF | -0.18% | 7.70% | 3.58% | 6.00% | -8.94% | -1.89% | 5.15% | 7.97% | -1.18% | 1.32% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 64.22% | -11.86% | 8.18% | -0.97% | 27.57% | 63.71% | -61.09% | 30.48% | -20.40% | 31.45% |
Correlation
The correlation between IBD and OILK is -0.26, 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 | -0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2017 | -0.03 |
Over the past year, the inverse relationship between IBD and OILK has strengthened: their correlation has moved from -0.03 to -0.26, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
IBD vs. OILK — Risk / Return Rank
IBD
OILK
IBD vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) 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.
| IBD | OILK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 3.42 | -1.26 |
| Martin ratioReturn relative to average drawdown | 6.66 | 6.91 | -0.25 |
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
| IBD | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 2.06 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.59 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.12 | +0.19 |
Drawdowns
IBD vs. OILK - Drawdown Comparison
The maximum IBD drawdown since its inception was -16.30%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for IBD and OILK.
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Drawdown Indicators
| IBD | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.30% | -83.76% | +67.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.15% | -17.35% | +15.20% |
Max Drawdown (3Y)Largest decline over 3 years | -4.01% | -23.42% | +19.41% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -34.69% | +19.93% |
Current DrawdownCurrent decline from peak | -1.04% | -3.66% | +2.62% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -32.61% | +29.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 8.56% | -7.87% |
Volatility
IBD vs. OILK - Volatility Comparison
The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 1.03%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that IBD 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
| IBD | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 10.44% | -9.41% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 23.26% | -20.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.21% | 28.75% | -24.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 30.12% | -24.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.70% | 35.97% | -29.27% |
IBD vs. OILK - Expense Ratio Comparison
IBD has a 0.49% expense ratio, which is lower than OILK's 0.68% expense ratio.
Dividends
IBD vs. OILK - Dividend Comparison
IBD's dividend yield for the trailing twelve months is around 4.25%, less than OILK's 8.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IBD Inspire Corporate Bond Impact ETF | 4.25% | 4.17% | 4.18% | 3.39% | 1.75% | 1.36% | 1.63% | 2.47% | 2.06% | 0.82% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 8.18% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Frequently Asked Questions
IBD and OILK have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (10.44%) compared to IBD (1.03%). In terms of maximum drawdown, IBD dropped -16.30% vs OILK's -83.76%.
On 5-year performance, OILK leads with 17.73% vs 1.30% for IBD. On fees, IBD is cheaper at 0.49% per year. On volatility, IBD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, OILK has performed better with a 17.73% return vs 1.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBD is cheaper with a 0.49% expense ratio, compared with 0.68% for OILK.
OILK has the higher dividend yield at 8.18%, compared with 4.25% for IBD.
IBD is categorized as Corporate Bonds, while OILK is Oil & Gas. IBD tracks Inspire Corporate Bond Impact Equal Weight Index, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: Inspire and ProShares. Their fees differ too: 0.49% for IBD and 0.68% for OILK.
OILK currently has the higher Sharpe Ratio (2.06 vs 1.10), 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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