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IYY vs. OILK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IYY vs. OILK

Last updated Jun 4, 2026

IYY (iShares Dow Jones U.S. ETF) and OILK (ProShares K-1 Free Crude Oil Strategy ETF) are both exchange-traded funds - IYY is a Large Cap Blend Equities fund tracking the Dow Jones U.S. 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, IYY returned 12.92%/yr vs 17.73%/yr for OILK. At a 0.18 correlation, their price movements are largely independent. IYY charges 0.20%/yr vs 0.68%/yr for OILK.

Performance

IYY vs. OILK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dow Jones U.S. ETF (IYY) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IYY achieves a 10.92% return, which is significantly lower than OILK's 64.22% return.

IYY

1D
-0.73%
1M
5.06%
YTD
10.92%
6M
10.83%
1Y
27.47%
3Y*
22.10%
5Y*
12.92%
10Y*
15.01%

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)

IYY vs. OILK - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IYY
iShares Dow Jones U.S. ETF		10.92%17.08%24.15%26.48%-19.57%26.38%20.10%30.78%-5.16%21.33%
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 IYY and OILK is -0.29, 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

-0.29

Correlation (3Y)
Calculated over the trailing 3-year period

-0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (All Time)
Calculated using the full available price history since Sep 29, 2016

0.18

The correlation between IYY and OILK shifts across timeframes, from -0.29 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

IYY vs. OILK - Sectors Allocation Comparison

Sectors
IYY
OILK

Technology

34.8%

-

Financial Services

12.0%

-

Communication Services

10.7%

-

Consumer Cyclical

10.2%
100.0%

Industrials

9.0%

-

Healthcare

8.6%

-

Consumer Defensive

4.8%

-

Energy

3.6%

-

Utilities

2.3%

-

Real Estate

2.2%

-

Basic Materials

2.0%

-

Technology

IYY
34.8%
OILK

-

Financial Services

IYY
12.0%
OILK

-

Communication Services

IYY
10.7%
OILK

-

Consumer Cyclical

IYY
10.2%
OILK
100.0%

Industrials

IYY
9.0%
OILK

-

Healthcare

IYY
8.6%
OILK

-

Consumer Defensive

IYY
4.8%
OILK

-

Energy

IYY
3.6%
OILK

-

Utilities

IYY
2.3%
OILK

-

Real Estate

IYY
2.2%
OILK

-

Basic Materials

IYY
2.0%
OILK

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Dow Jones U.S. ETF

ProShares K-1 Free Crude Oil Strategy ETF

Often compared with IYY:
IYY vs. DIAIYY vs. VOOIYY vs. VTIIYY vs. IYMIYY vs. QQQIYY vs. CIND.LIYY vs. SCHB
Often compared with OILK:
OILK vs. USOOILK vs. GUSHOILK vs. DBOOILK vs. USOIOILK vs. WTMFOILK vs. AMOMOILK vs. REVS

Return for Risk

IYY vs. OILK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IYY
IYY Risk / Return Rank: 6868
Overall Rank
IYY Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
IYY Sortino Ratio Rank: 6868
Sortino Ratio Rank
IYY Omega Ratio Rank: 6868
Omega Ratio Rank
IYY Calmar Ratio Rank: 6161
Calmar Ratio Rank
IYY Martin Ratio Rank: 7474
Martin Ratio Rank
OILK
OILK Risk / Return Rank: 5555
Overall Rank
OILK Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
OILK Sortino Ratio Rank: 5353
Sortino Ratio Rank
OILK Omega Ratio Rank: 5454
Omega Ratio Rank
OILK Calmar Ratio Rank: 6868
Calmar Ratio Rank
OILK Martin Ratio Rank: 4242
Martin Ratio Rank
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.

IYY vs. OILK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones U.S. ETF (IYY) 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.

IYYOILKDifference
Sharpe ratioReturn per unit of total volatility
2.30
2.06

+0.24

Sortino ratioReturn per unit of downside risk
3.16
2.59

+0.57

Omega ratioGain probability vs. loss probability

1.42

1.34

+0.07

Calmar ratioReturn relative to maximum drawdown

3.09

3.42

-0.33

Martin ratioReturn relative to average drawdown

14.19

6.91

+7.28

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IYY vs. OILK - Sharpe Ratio Comparison

The current IYY Sharpe Ratio is 2.30, which is comparable to the OILK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of IYY 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.

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Sharpe Ratios by Period

IYYOILKDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.30

2.06

+0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.59

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.12

+0.33

Drawdowns

IYY vs. OILK - Drawdown Comparison

The maximum IYY drawdown since its inception was -55.17%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for IYY and OILK.

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Drawdown Indicators

IYYOILKDifference

Max Drawdown

Largest peak-to-trough decline

-55.17%

-83.76%

+28.59%

Max Drawdown (1Y)

Largest decline over 1 year

-8.94%

-17.35%

+8.41%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-23.42%

+4.36%

Max Drawdown (5Y)

Largest decline over 5 years

-25.46%

-34.69%

+9.23%

Max Drawdown (10Y)

Largest decline over 10 years

-34.90%

—

—

Current Drawdown

Current decline from peak

-0.73%

-3.66%

+2.93%

Average Drawdown

Average peak-to-trough decline

-10.84%

-32.61%

+21.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.94%

8.56%

-6.62%

Volatility

IYY vs. OILK - Volatility Comparison

The current volatility for iShares Dow Jones U.S. ETF (IYY) is 2.93%, while ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a volatility of 10.44%. This indicates that IYY 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

IYYOILKDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

10.44%

-7.51%

Volatility (6M)

Calculated over the trailing 6-month period

9.04%

23.26%

-14.22%

Volatility (1Y)

Calculated over the trailing 1-year period

12.01%

28.75%

-16.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.12%

30.12%

-13.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.16%

35.97%

-17.81%

IYY vs. OILK - Expense Ratio Comparison

IYY has a 0.20% expense ratio, which is lower than OILK's 0.68% expense ratio.

Dividends

IYY vs. OILK - Dividend Comparison

IYY's dividend yield for the trailing twelve months is around 0.87%, less than OILK's 8.18% yield.

PositionTTM20252024202320222021202020192018201720162015
IYY
iShares Dow Jones U.S. ETF		0.87%0.95%1.05%1.29%1.48%1.04%1.31%1.80%1.97%1.62%1.81%1.97%
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%0.00%0.00%

Frequently Asked Questions

IYY and OILK have a correlation of -0.29, 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 IYY (2.93%). In terms of maximum drawdown, IYY dropped -55.17% vs OILK's -83.76%.

On 5-year performance, OILK leads with 17.73% vs 12.92% for IYY. On fees, IYY is cheaper at 0.20% per year. On volatility, IYY has been the lower-risk option at 2.93%. 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 12.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IYY is cheaper with a 0.20% expense ratio, compared with 0.68% for OILK.

OILK has the higher dividend yield at 8.18%, compared with 0.87% for IYY.

IYY is categorized as Large Cap Blend Equities, while OILK is Oil & Gas. IYY tracks Dow Jones U.S. Index, while OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.20% for IYY and 0.68% for OILK.

IYY currently has the higher Sharpe Ratio (2.30 vs 2.06), 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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