MSII vs. OILD

Last updated Jun 4, 2026

MSII (REX MSTR Growth & Income ETF) and OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) are both exchange-traded funds - MSII is a Leveraged Equities fund actively managed by REX, while OILD is a Inverse Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). MSII is actively managed, while OILD is passively managed. At a correlation of -0.01, they often move in opposite directions. MSII charges 0.99%/yr vs 0.95%/yr for OILD.

Performance

MSII vs. OILD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX MSTR Growth & Income ETF (MSII) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSII achieves a -21.10% return, which is significantly higher than OILD's -61.30% return.

MSII

• 1D: -8.30%
• 1M: -32.66%
• YTD: -21.10%
• 6M: -34.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OILD

• 1D: -3.52%
• 1M: 4.33%
• YTD: -61.30%
• 6M: -58.58%
• 1Y: -72.54%
• 3Y*: -48.14%
• 5Y*: —
• 10Y*: —

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

MSII vs. OILD - Yearly Performance Comparison

	2026 (YTD)	2025
MSII REX MSTR Growth & Income ETF	-21.10%	-60.25%
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-61.30%	-32.56%

Correlation

The correlation between MSII and OILD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.01

Return for Risk

MSII vs. OILD — Risk / Return Rank

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

OILD

OILD Risk / Return Rank: 1
OILD Sharpe Ratio Rank: 1
OILD Sortino Ratio Rank: 0
OILD Omega Ratio Rank: 0
OILD Calmar Ratio Rank: 1
OILD Martin Ratio Rank: 1

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.

MSII vs. OILD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX MSTR Growth & Income ETF (MSII) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). 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

	MSII	OILD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.97	-0.75	-0.22

Drawdowns

MSII vs. OILD - Drawdown Comparison

The maximum MSII drawdown since its inception was -78.73%, smaller than the maximum OILD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for MSII and OILD.

Drawdown Indicators

	MSII	OILD	Difference
Max Drawdown Largest peak-to-trough decline	-78.73%	-98.90%	+20.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-77.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-88.53%	—
Current Drawdown Current decline from peak	-74.38%	-98.74%	+24.36%
Average Drawdown Average peak-to-trough decline	-46.16%	-88.64%	+42.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	46.59%	—

Volatility

Volatility by Period

	MSII	OILD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.20%	61.12%	+10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.20%	79.39%	-8.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.20%	79.39%	-8.19%

MSII vs. OILD - Expense Ratio Comparison

MSII has a 0.99% expense ratio, which is higher than OILD's 0.95% expense ratio.

Dividends

MSII vs. OILD - Dividend Comparison

MSII's dividend yield for the trailing twelve months is around 90.41%, while OILD has not paid dividends to shareholders.

Position	TTM	2025
MSII REX MSTR Growth & Income ETF	90.41%	48.93%
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSII and OILD in my portfolio?

MSII and OILD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSII or OILD?

On fees, OILD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSII or OILD?

OILD is cheaper with a 0.95% expense ratio, compared with 0.99% for MSII.

Which ETF pays a higher dividend yield, MSII or OILD?

MSII has the higher dividend yield at 90.41%, compared with 0.00% for OILD.

What is the main difference between MSII and OILD?

MSII is categorized as Leveraged Equities, while OILD is Inverse Equities. Their fees differ too: 0.99% for MSII and 0.95% for OILD.