ITEQ vs. OILK

Last updated Jun 4, 2026

ITEQ (BlueStar Israel Technology ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - ITEQ is a Technology Equities fund tracking the BlueStar Israel Global Technology 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, ITEQ returned 0.67%/yr vs 17.73%/yr for OILK. At a 0.13 correlation, their price movements are largely independent. ITEQ charges 0.75%/yr vs 0.68%/yr for OILK.

Performance

ITEQ vs. OILK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlueStar Israel Technology ETF (ITEQ) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITEQ achieves a 17.19% return, which is significantly lower than OILK's 64.22% return.

ITEQ

• 1D: -2.89%
• 1M: 7.48%
• YTD: 17.19%
• 6M: 20.44%
• 1Y: 27.92%
• 3Y*: 14.27%
• 5Y*: 0.67%
• 10Y*: 11.00%

OILK

• 1D: 1.40%
• 1M: -1.65%
• YTD: 64.22%
• 6M: 60.70%
• 1Y: 58.99%
• 3Y*: 19.03%
• 5Y*: 17.73%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITEQ vs. OILK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ITEQ BlueStar Israel Technology ETF	17.19%	13.71%	11.70%	4.70%	-30.36%	-8.04%	58.96%	37.59%	-0.63%	26.87%
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%	2.82%

Correlation

The correlation between ITEQ and OILK is -0.17, 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	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Sep 29, 2016	0.13

The correlation between ITEQ and OILK shifts across timeframes, from -0.17 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.

ITEQ vs. OILK - Sectors Allocation Comparison

Sectors	ITEQ	OILK
Technology	58.7%	-
Industrials	16.6%	-
Utilities	10.1%	-
Financial Services	5.1%	-
Consumer Cyclical	3.3%	100.0%
Healthcare	2.3%	-
Energy	2.0%	-
Communication Services	1.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Real Estate	-	-

Return for Risk

ITEQ vs. OILK — Risk / Return Rank

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

ITEQ

ITEQ Risk / Return Rank: 35
ITEQ Sharpe Ratio Rank: 33
ITEQ Sortino Ratio Rank: 32
ITEQ Omega Ratio Rank: 30
ITEQ Calmar Ratio Rank: 44
ITEQ Martin Ratio Rank: 37

OILK

OILK Risk / Return Rank: 55
OILK Sharpe Ratio Rank: 60
OILK Sortino Ratio Rank: 53
OILK Omega Ratio Rank: 54
OILK Calmar Ratio Rank: 68
OILK Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITEQ vs. OILK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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.

	ITEQ	OILK	Difference
Sharpe ratio: Return per unit of total volatility	1.23	2.06	-0.83
Sortino ratio: Return per unit of downside risk	1.75	2.59	-0.83
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.14
Calmar ratio: Return relative to maximum drawdown	2.15	3.42	-1.27
Martin ratio: Return relative to average drawdown	5.76	6.91	-1.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITEQ vs. OILK - Sharpe Ratio Comparison

The current ITEQ Sharpe Ratio is 1.23, which is lower than the OILK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of ITEQ and OILK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ITEQ	OILK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	2.06	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.59	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.12	+0.31

Drawdowns

ITEQ vs. OILK - Drawdown Comparison

The maximum ITEQ drawdown since its inception was -54.63%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for ITEQ and OILK.

Drawdown Indicators

	ITEQ	OILK	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-83.76%	+29.13%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-17.35%	+4.28%
Max Drawdown (3Y) Largest decline over 3 years	-26.78%	-23.42%	-3.36%
Max Drawdown (5Y) Largest decline over 5 years	-50.29%	-34.69%	-15.60%
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	—	—
Current Drawdown Current decline from peak	-13.17%	-3.66%	-9.51%
Average Drawdown Average peak-to-trough decline	-18.52%	-32.61%	+14.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	8.56%	-3.70%

Volatility

ITEQ vs. OILK - Volatility Comparison

The current volatility for BlueStar Israel Technology ETF (ITEQ) is 7.71%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that ITEQ 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.

Volatility by Period

	ITEQ	OILK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.71%	10.44%	-2.73%
Volatility (6M) Calculated over the trailing 6-month period	17.33%	23.26%	-5.93%
Volatility (1Y) Calculated over the trailing 1-year period	22.77%	28.75%	-5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.96%	30.12%	-5.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.40%	35.97%	-12.57%

ITEQ vs. OILK - Expense Ratio Comparison

ITEQ has a 0.75% expense ratio, which is higher than OILK's 0.68% expense ratio.

Dividends

ITEQ vs. OILK - Dividend Comparison

ITEQ's dividend yield for the trailing twelve months is around 0.72%, less than OILK's 8.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ITEQ BlueStar Israel Technology ETF	0.72%	0.85%	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	8.18%	4.79%	3.11%	5.80%	17.32%	68.82%	0.13%	0.94%	0.58%	6.17%

Frequently Asked Questions

Can I hold both ITEQ and OILK in my portfolio?

ITEQ and OILK have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITEQ or OILK?

OILK has higher volatility (10.44%) compared to ITEQ (7.71%). In terms of maximum drawdown, ITEQ dropped -54.63% vs OILK's -83.76%.

Which ETF is better, ITEQ or OILK?

On 5-year performance, OILK leads with 17.73% vs 0.67% for ITEQ. On fees, OILK is cheaper at 0.68% per year. On volatility, ITEQ has been the lower-risk option at 7.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITEQ or OILK?

Over the 5-year period, OILK has performed better with a 17.73% return vs 0.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITEQ or OILK?

OILK is cheaper with a 0.68% expense ratio, compared with 0.75% for ITEQ.

Which ETF pays a higher dividend yield, ITEQ or OILK?

OILK has the higher dividend yield at 8.18%, compared with 0.72% for ITEQ.

What is the main difference between ITEQ and OILK?

ITEQ is categorized as Technology Equities, while OILK is Oil & Gas. ITEQ tracks BlueStar Israel Global Technology Index, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: ETFMG and ProShares. Their fees differ too: 0.75% for ITEQ and 0.68% for OILK.

Which has better risk-adjusted returns?

OILK currently has the higher Sharpe Ratio (2.06 vs 1.23), 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.