OILD vs. MSII

Last updated Jun 26, 2026

OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) and MSII (REX MSTR Growth & Income ETF) are both exchange-traded funds - OILD is a Inverse Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), while MSII is a Leveraged Equities fund actively managed by REX. OILD is passively managed, while MSII is actively managed. Over the past year, OILD returned -62.90% vs -72.61% for MSII. At a correlation of -0.03, they often move in opposite directions. OILD charges 0.95%/yr vs 0.99%/yr for MSII.

Performance

OILD vs. MSII - 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 REX MSTR Growth & Income ETF (MSII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILD achieves a -51.09% return, which is significantly lower than MSII's -28.10% return.

OILD

• 1D: -2.73%
• 1M: 20.25%
• YTD: -51.09%
• 6M: -52.16%
• 1Y: -62.90%
• 3Y*: -44.01%
• 5Y*: —
• 10Y*: —

MSII

• 1D: 0.00%
• 1M: -30.51%
• YTD: -28.10%
• 6M: -30.78%
• 1Y: -72.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILD vs. MSII - Yearly Performance Comparison

	2026 (YTD)	2025
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-51.09%	-29.05%
MSII REX MSTR Growth & Income ETF	-28.10%	-61.03%

Correlation

The correlation between OILD and MSII is -0.03, 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	-0.03
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.03

Return for Risk

OILD vs. MSII — Risk / Return Rank

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

OILD

OILD Risk / Return Rank: 2
OILD Sharpe Ratio Rank: 2
OILD Sortino Ratio Rank: 1
OILD Omega Ratio Rank: 2
OILD Calmar Ratio Rank: 2
OILD Martin Ratio Rank: 2

MSII

MSII Risk / Return Rank: 1
MSII Sharpe Ratio Rank: 2
MSII Sortino Ratio Rank: 1
MSII Omega Ratio Rank: 1
MSII Calmar Ratio Rank: 1
MSII Martin Ratio Rank: 3

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. MSII - 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 REX MSTR Growth & Income ETF (MSII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OILD	MSII	Difference
Sharpe ratio: Return per unit of total volatility	-1.01	-1.01	0.00
Sortino ratio: Return per unit of downside risk	-1.80	-1.90	+0.10
Omega ratio: Gain probability vs. loss probability	0.82	0.78	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.85	-0.92	+0.08
Martin ratio: Return relative to average drawdown	-1.40	-1.30	-0.10

OILD vs. MSII - Sharpe Ratio Comparison

The current OILD Sharpe Ratio is -1.01, which is comparable to the MSII Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of OILD and MSII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OILD vs. MSII - Drawdown Comparison

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

Drawdown Indicators

	OILD	MSII	Difference
Max Drawdown Largest peak-to-trough decline	-98.90%	-78.73%	-20.17%
Max Drawdown (1Y) Largest decline over 1 year	-74.53%	-78.73%	+4.20%
Max Drawdown (3Y) Largest decline over 3 years	-87.76%	—	—
Current Drawdown Current decline from peak	-98.41%	-76.65%	-21.76%
Average Drawdown Average peak-to-trough decline	-88.69%	-47.71%	-40.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.80%	55.76%	-10.96%

Volatility

OILD vs. MSII - Volatility Comparison

MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and REX MSTR Growth & Income ETF (MSII) have volatilities of 21.07% and 21.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILD	MSII	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.07%	21.20%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	49.80%	56.58%	-6.78%
Volatility (1Y) Calculated over the trailing 1-year period	62.31%	71.78%	-9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.36%	70.36%	+9.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.36%	70.36%	+9.00%

OILD vs. MSII - Expense Ratio Comparison

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

Dividends

OILD vs. MSII - Dividend Comparison

OILD has not paid dividends to shareholders, while MSII's dividend yield for the trailing twelve months is around 85.81%.

Position	TTM	2025
MSII REX MSTR Growth & Income ETF	85.81%	48.93%
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	0.00%	0.00%

Frequently Asked Questions

Can I hold both OILD and MSII in my portfolio?

OILD and MSII have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OILD or MSII?

MSII has higher volatility (21.20%) compared to OILD (21.07%). In terms of maximum drawdown, OILD dropped -98.90% vs MSII's -78.73%.

Which ETF is better, OILD or MSII?

On 1-year performance, OILD leads with -62.90% vs -72.61% for MSII. On fees, OILD is cheaper at 0.95% per year. On volatility, OILD has been the lower-risk option at 21.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILD or MSII?

Over the 1-year period, OILD has performed better with a -62.90% return vs -72.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILD or MSII?

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

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

MSII has the higher dividend yield at 85.81%, compared with 0.00% for OILD.

What is the main difference between OILD and MSII?

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

Which has better risk-adjusted returns?

OILD currently has the higher Sharpe Ratio (-1.01 vs -1.01), 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.