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IXC vs. OIH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IXC vs. OIH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Energy ETF (IXC) and VanEck Vectors Oil Services ETF (OIH). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.49%
-5.35%
IXC
OIH

Returns By Period

In the year-to-date period, IXC achieves a 11.25% return, which is significantly higher than OIH's -3.83% return. Over the past 10 years, IXC has outperformed OIH with an annualized return of 4.22%, while OIH has yielded a comparatively lower -8.84% annualized return.


IXC

YTD

11.25%

1M

3.02%

6M

1.82%

1Y

11.19%

5Y (annualized)

11.68%

10Y (annualized)

4.22%

OIH

YTD

-3.83%

1M

6.23%

6M

-6.14%

1Y

-4.16%

5Y (annualized)

6.37%

10Y (annualized)

-8.84%

Key characteristics


IXCOIH
Sharpe Ratio0.68-0.18
Sortino Ratio1.00-0.07
Omega Ratio1.120.99
Calmar Ratio0.97-0.06
Martin Ratio2.28-0.41
Ulcer Index4.74%11.52%
Daily Std Dev16.00%26.55%
Max Drawdown-67.88%-94.24%
Current Drawdown-2.80%-73.54%

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IXC vs. OIH - Expense Ratio Comparison

IXC has a 0.46% expense ratio, which is higher than OIH's 0.35% expense ratio.


IXC
iShares Global Energy ETF
Expense ratio chart for IXC: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for OIH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Correlation

-0.50.00.51.00.8

The correlation between IXC and OIH is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

IXC vs. OIH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) and VanEck Vectors Oil Services ETF (OIH). 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.


Sharpe ratio
The chart of Sharpe ratio for IXC, currently valued at 0.68, compared to the broader market0.002.004.000.68-0.18
The chart of Sortino ratio for IXC, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.0010.0012.001.00-0.07
The chart of Omega ratio for IXC, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.120.99
The chart of Calmar ratio for IXC, currently valued at 0.97, compared to the broader market0.005.0010.0015.000.97-0.06
The chart of Martin ratio for IXC, currently valued at 2.28, compared to the broader market0.0020.0040.0060.0080.00100.002.28-0.41
IXC
OIH

The current IXC Sharpe Ratio is 0.68, which is higher than the OIH Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of IXC and OIH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.68
-0.18
IXC
OIH

Dividends

IXC vs. OIH - Dividend Comparison

IXC's dividend yield for the trailing twelve months is around 3.60%, more than OIH's 1.42% yield.


TTM20232022202120202019201820172016201520142013
IXC
iShares Global Energy ETF
3.60%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%3.02%2.48%
OIH
VanEck Vectors Oil Services ETF
1.42%1.36%0.95%0.98%1.23%2.20%2.13%2.60%1.40%2.39%2.38%1.13%

Drawdowns

IXC vs. OIH - Drawdown Comparison

The maximum IXC drawdown since its inception was -67.88%, smaller than the maximum OIH drawdown of -94.24%. Use the drawdown chart below to compare losses from any high point for IXC and OIH. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.80%
-73.54%
IXC
OIH

Volatility

IXC vs. OIH - Volatility Comparison

The current volatility for iShares Global Energy ETF (IXC) is 3.94%, while VanEck Vectors Oil Services ETF (OIH) has a volatility of 10.17%. This indicates that IXC experiences smaller price fluctuations and is considered to be less risky than OIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
3.94%
10.17%
IXC
OIH