OIL.NS vs. ^FVX

Last updated Jun 5, 2026

OIL.NS (Oil India Limited) is a stock, while ^FVX (Treasury Yield 5 Years) is an index. Over the past 10 years, OIL.NS returned 21.60%/yr vs 17.19%/yr for ^FVX. At a 0.02 correlation, their price movements are largely independent.

Performance

OIL.NS vs. ^FVX - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Oil India Limited (OIL.NS) and Treasury Yield 5 Years (^FVX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

OIL.NS is traded in INR, while ^FVX is traded in USD. To make them comparable, the ^FVX values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, OIL.NS achieves a 16.97% return, which is significantly lower than ^FVX's 20.61% return. Over the past 10 years, OIL.NS has outperformed ^FVX with an annualized return of 21.60%, while ^FVX has yielded a comparatively lower 17.19% annualized return.

OIL.NS

• 1D: -0.42%
• 1M: 8.58%
• YTD: 16.97%
• 6M: 20.49%
• 1Y: 18.88%
• 3Y*: 47.26%
• 5Y*: 45.84%
• 10Y*: 21.60%

^FVX

• 1D: 1.35%
• 1M: 6.52%
• YTD: 20.61%
• 6M: 20.75%
• 1Y: 17.82%
• 3Y*: 8.42%
• 5Y*: 47.77%
• 10Y*: 17.19%

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

OIL.NS vs. ^FVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OIL.NS Oil India Limited	16.97%	1.47%	78.03%	91.84%	12.76%	95.46%	-23.68%	-7.04%	-26.22%	14.34%
^FVX Treasury Yield 5 Years	20.61%	-10.96%	17.52%	-3.34%	250.75%	256.82%	-78.14%	-30.84%	24.08%	6.98%

Correlation

The correlation between OIL.NS and ^FVX is 0.09, 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 (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.00
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Oct 1, 2009	0.02

The correlation between OIL.NS and ^FVX shifts across timeframes, from -0.02 (3 years) to 0.09 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

OIL.NS vs. ^FVX — Risk / Return Rank

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

OIL.NS

OIL.NS Risk / Return Rank: 59
OIL.NS Sharpe Ratio Rank: 61
OIL.NS Sortino Ratio Rank: 57
OIL.NS Omega Ratio Rank: 55
OIL.NS Calmar Ratio Rank: 61
OIL.NS Martin Ratio Rank: 59

^FVX

^FVX Risk / Return Rank: 22
^FVX Sharpe Ratio Rank: 23
^FVX Sortino Ratio Rank: 21
^FVX Omega Ratio Rank: 21
^FVX Calmar Ratio Rank: 23
^FVX Martin Ratio Rank: 21

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.

OIL.NS vs. ^FVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oil India Limited (OIL.NS) and Treasury Yield 5 Years (^FVX). 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.

	OIL.NS	^FVX	Difference
Sharpe ratio: Return per unit of total volatility	0.61	0.83	-0.23
Sortino ratio: Return per unit of downside risk	1.11	1.30	-0.19
Omega ratio: Gain probability vs. loss probability	1.13	1.15	-0.02
Calmar ratio: Return relative to maximum drawdown	0.97	1.42	-0.45
Martin ratio: Return relative to average drawdown	1.76	2.84	-1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OIL.NS vs. ^FVX - Sharpe Ratio Comparison

The current OIL.NS Sharpe Ratio is 0.61, which is comparable to the ^FVX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of OIL.NS and ^FVX, 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

	OIL.NS	^FVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	0.83	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.16	1.22	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.29	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.06	+0.32

Drawdowns

OIL.NS vs. ^FVX - Drawdown Comparison

The maximum OIL.NS drawdown since its inception was -71.22%, smaller than the maximum ^FVX drawdown of -93.59%. Use the drawdown chart below to compare losses from any high point for OIL.NS and ^FVX.

Drawdown Indicators

	OIL.NS	^FVX	Difference
Max Drawdown Largest peak-to-trough decline	-71.22%	-93.59%	+22.37%
Max Drawdown (1Y) Largest decline over 1 year	-18.83%	-11.93%	-6.90%
Max Drawdown (3Y) Largest decline over 3 years	-52.77%	-30.75%	-22.02%
Max Drawdown (5Y) Largest decline over 5 years	-52.77%	-30.75%	-22.02%
Max Drawdown (10Y) Largest decline over 10 years	-67.42%	-93.59%	+26.17%
Current Drawdown Current decline from peak	-30.57%	-3.51%	-27.06%
Average Drawdown Average peak-to-trough decline	-25.26%	-44.46%	+19.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.34%	5.96%	+4.38%

Volatility

OIL.NS vs. ^FVX - Volatility Comparison

Oil India Limited (OIL.NS) has a higher volatility of 10.29% compared to Treasury Yield 5 Years (^FVX) at 6.59%. This indicates that OIL.NS's price experiences larger fluctuations and is considered to be riskier than ^FVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIL.NS	^FVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.29%	6.59%	+3.70%
Volatility (6M) Calculated over the trailing 6-month period	24.50%	14.91%	+9.59%
Volatility (1Y) Calculated over the trailing 1-year period	30.08%	20.37%	+9.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.40%	39.44%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.06%	58.70%	-21.64%

Frequently Asked Questions

Can I hold both OIL.NS and ^FVX in my portfolio?

OIL.NS and ^FVX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.