OILD vs. BMNU

Last updated Apr 3, 2026

Compare and contrast key facts about MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and T-REX 2X Long BMNR Daily Target ETF (BMNU).

OILD and BMNU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OILD is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). It was launched on Nov 8, 2021. BMNU is an actively managed fund by REX. It was launched on Sep 26, 2025.

Performance

OILD vs. BMNU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and T-REX 2X Long BMNR Daily Target ETF (BMNU). The values are adjusted to include any dividend payments, if applicable.

OILD vs. BMNU - Yearly Performance Comparison

	2026 (YTD)	2025
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-60.56%	1.64%
BMNU T-REX 2X Long BMNR Daily Target ETF	-64.44%	-81.57%

Returns By Period

In the year-to-date period, OILD achieves a -60.56% return, which is significantly higher than BMNU's -64.44% return.

OILD

• 1D: -1.83%
• 1M: -19.70%
• YTD: -60.56%
• 6M: -64.01%
• 1Y: -67.96%
• 3Y*: -44.15%
• 5Y*: —
• 10Y*: —

BMNU

• 1D: -2.86%
• 1M: -10.76%
• YTD: -64.44%
• 6M: -94.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILD vs. BMNU - Expense Ratio Comparison

OILD has a 0.95% expense ratio, which is lower than BMNU's 1.50% expense ratio.

BMNU

T-REX 2X Long BMNR Daily Target ETF

OILD

MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs

Return for Risk

OILD vs. BMNU — 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: 1
OILD Calmar Ratio Rank: 1
OILD Martin Ratio Rank: 2

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.

OILD vs. BMNU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and T-REX 2X Long BMNR Daily Target ETF (BMNU). 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.

	OILD	BMNU	Difference
Sharpe ratio Return per unit of total volatility	-0.89	—	—
Sortino ratio Return per unit of downside risk	-1.64	—	—
Omega ratio Gain probability vs. loss probability	0.82	—	—
Calmar ratio Return relative to maximum drawdown	-0.81	—	—
Martin ratio Return relative to average drawdown	-1.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OILD	BMNU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.77	-0.49	-0.28

Correlation

The correlation between OILD and BMNU is -0.18. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

OILD vs. BMNU - Dividend Comparison

Neither OILD nor BMNU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OILD vs. BMNU - Drawdown Comparison

The maximum OILD drawdown since its inception was -98.90%, roughly equal to the maximum BMNU drawdown of -96.12%. Use the drawdown chart below to compare losses from any high point for OILD and BMNU.

Drawdown Indicators

	OILD	BMNU	Difference
Max Drawdown Largest peak-to-trough decline	-98.90%	-96.12%	-2.78%
Max Drawdown (1Y) Largest decline over 1 year	-84.54%	—	—
Current Drawdown Current decline from peak	-98.72%	-95.66%	-3.06%
Average Drawdown Average peak-to-trough decline	-88.25%	-74.65%	-13.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.96%	—	—

Volatility

Volatility by Period

	OILD	BMNU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	76.81%	205.45%	-128.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.50%	205.45%	-125.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.50%	205.45%	-125.95%