IVEP vs. OILU

Last updated Jun 4, 2026

IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) and OILU (MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN) are both exchange-traded funds - IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index, while OILU is a Leveraged Commodities fund managed by BMO. At a correlation of -0.27, they often move in opposite directions. IVEP charges 0.75%/yr vs 0.95%/yr for OILU.

Performance

IVEP vs. OILU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVEP

• 1D: -0.87%
• 1M: -1.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OILU

• 1D: 3.64%
• 1M: -10.84%
• YTD: 96.53%
• 6M: 77.49%
• 1Y: 115.83%
• 3Y*: 10.60%
• 5Y*: —
• 10Y*: —

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

IVEP vs. OILU - Yearly Performance Comparison

	2026 (YTD)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	8.37%
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	-2.90%

Correlation

The correlation between IVEP and OILU is -0.27, 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 (All Time) Calculated using the full available price history since Apr 9, 2026	-0.27

Return for Risk

IVEP vs. OILU — Risk / Return Rank

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

OILU

OILU Risk / Return Rank: 52
OILU Sharpe Ratio Rank: 54
OILU Sortino Ratio Rank: 45
OILU Omega Ratio Rank: 42
OILU Calmar Ratio Rank: 69
OILU Martin Ratio Rank: 51

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.

IVEP vs. OILU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IVEP	OILU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.62	0.17	+2.45

Drawdowns

IVEP vs. OILU - Drawdown Comparison

The maximum IVEP drawdown since its inception was -7.34%, smaller than the maximum OILU drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for IVEP and OILU.

Drawdown Indicators

	IVEP	OILU	Difference
Max Drawdown Largest peak-to-trough decline	-7.34%	-81.00%	+73.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.51%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-69.09%	—
Current Drawdown Current decline from peak	-3.31%	-47.14%	+43.83%
Average Drawdown Average peak-to-trough decline	-1.97%	-50.59%	+48.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.32%	—

Volatility

Volatility by Period

	IVEP	OILU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	49.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.29%	62.23%	-35.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.29%	81.16%	-54.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.29%	81.16%	-54.87%

IVEP vs. OILU - Expense Ratio Comparison

IVEP has a 0.75% expense ratio, which is lower than OILU's 0.95% expense ratio.

Dividends

IVEP vs. OILU - Dividend Comparison

Neither IVEP nor OILU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IVEP and OILU in my portfolio?

IVEP and OILU have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVEP or OILU?

On fees, IVEP is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVEP or OILU?

IVEP is cheaper with a 0.75% expense ratio, compared with 0.95% for OILU.

Which ETF pays a higher dividend yield, IVEP or OILU?

IVEP and OILU have nearly identical dividend yields, around 0.00%.

What is the main difference between IVEP and OILU?

IVEP is categorized as Industrials Equities, while OILU is Leveraged Commodities. They also come from different issuers: Wedbush and BMO. Their fees differ too: 0.75% for IVEP and 0.95% for OILU.