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OILD vs. NRGD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OILD and NRGD is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

OILD vs. NRGD - 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 MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). The values are adjusted to include any dividend payments, if applicable.

-95.50%-95.00%-94.50%-94.00%-93.50%-93.00%-92.50%-92.00%JulyAugustSeptemberOctoberNovemberDecember
-92.27%
-95.15%
OILD
NRGD

Key characteristics

Returns By Period


OILD

YTD

-5.66%

1M

46.66%

6M

18.29%

1Y

-2.52%

5Y*

N/A

10Y*

N/A

NRGD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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OILD vs. NRGD - Expense Ratio Comparison

Both OILD and NRGD have an expense ratio of 0.95%.


OILD
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs
Expense ratio chart for OILD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for NRGD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

OILD vs. NRGD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). 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.


Sharpe ratio
The chart of Sharpe ratio for OILD, currently valued at -0.07, compared to the broader market0.002.004.00-0.07-0.65
The chart of Sortino ratio for OILD, currently valued at 0.29, compared to the broader market-2.000.002.004.006.008.0010.000.29-0.78
The chart of Omega ratio for OILD, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.030.89
The chart of Calmar ratio for OILD, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.04-0.26
The chart of Martin ratio for OILD, currently valued at -0.13, compared to the broader market0.0020.0040.0060.0080.00100.00-0.13-0.74
OILD
NRGD


Rolling 12-month Sharpe Ratio-1.00-0.80-0.60-0.40-0.200.000.200.40JulyAugustSeptemberOctoberNovemberDecember
-0.07
-0.65
OILD
NRGD

Dividends

OILD vs. NRGD - Dividend Comparison

Neither OILD nor NRGD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

OILD vs. NRGD - Drawdown Comparison


-96.00%-95.50%-95.00%-94.50%-94.00%JulyAugustSeptemberOctoberNovemberDecember
-93.84%
-96.28%
OILD
NRGD

Volatility

OILD vs. NRGD - Volatility Comparison

MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) has a higher volatility of 14.08% compared to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) at 0.00%. This indicates that OILD's price experiences larger fluctuations and is considered to be riskier than NRGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
14.08%
0
OILD
NRGD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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