OILD vs. OILU

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU).

OILD and OILU 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. OILU is managed by BMO. It was launched on Mar 24, 2017.

Performance

OILD vs. OILU - 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 Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). The values are adjusted to include any dividend payments, if applicable.

OILD vs. OILU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-59.82%	-41.67%	-14.58%	-19.58%	-90.32%	5.20%
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	112.51%	-16.50%	-21.65%	-32.50%	151.08%	-17.87%

Returns By Period

In the year-to-date period, OILD achieves a -59.82% return, which is significantly lower than OILU's 112.51% return.

OILD

• 1D: 10.51%
• 1M: -15.65%
• YTD: -59.82%
• 6M: -61.74%
• 1Y: -67.52%
• 3Y*: -46.53%
• 5Y*: —
• 10Y*: —

OILU

• 1D: -10.60%
• 1M: 12.27%
• YTD: 112.51%
• 6M: 100.08%
• 1Y: 45.27%
• 3Y*: 7.13%
• 5Y*: —
• 10Y*: —

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

OILD vs. OILU - Expense Ratio Comparison

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

OILD

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

OILU

MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN

Return for Risk

OILD vs. OILU — 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: 1
OILD Omega Ratio Rank: 1
OILD Calmar Ratio Rank: 1
OILD Martin Ratio Rank: 2

OILU

OILU Risk / Return Rank: 34
OILU Sharpe Ratio Rank: 30
OILU Sortino Ratio Rank: 40
OILU Omega Ratio Rank: 42
OILU Calmar Ratio Rank: 34
OILU Martin Ratio Rank: 23

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. OILU - 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 MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). 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	OILU	Difference
Sharpe ratio Return per unit of total volatility	-0.88	0.59	-1.47
Sortino ratio Return per unit of downside risk	-1.62	1.19	-2.81
Omega ratio Gain probability vs. loss probability	0.82	1.17	-0.35
Calmar ratio Return relative to maximum drawdown	-0.80	0.91	-1.72
Martin ratio Return relative to average drawdown	-1.29	1.54	-2.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OILD vs. OILU - Sharpe Ratio Comparison

The current OILD Sharpe Ratio is -0.88, which is lower than the OILU Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of OILD and OILU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OILD	OILU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.88	0.59	-1.47
Sharpe Ratio (All Time) Calculated using the full available price history	-0.77	0.20	-0.97

Correlation

The correlation between OILD and OILU is -0.99. 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. OILU - Dividend Comparison

Neither OILD nor OILU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OILD vs. OILU - Drawdown Comparison

The maximum OILD drawdown since its inception was -98.90%, which is greater than OILU's maximum drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for OILD and OILU.

Drawdown Indicators

	OILD	OILU	Difference
Max Drawdown Largest peak-to-trough decline	-98.90%	-81.00%	-17.90%
Max Drawdown (1Y) Largest decline over 1 year	-84.54%	-52.04%	-32.50%
Current Drawdown Current decline from peak	-98.69%	-42.85%	-55.84%
Average Drawdown Average peak-to-trough decline	-88.25%	-50.72%	-37.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.71%	30.74%	+21.97%

Volatility

OILD vs. OILU - Volatility Comparison

MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) have volatilities of 19.05% and 19.90%, 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	OILU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.05%	19.90%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	43.16%	43.84%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	76.80%	77.03%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.54%	81.31%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.54%	81.31%	-1.77%