OILD vs. PLTZ

Last updated Jun 4, 2026

OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) and PLTZ (Defiance Daily Target 2X Short PLTR ETF) are both Inverse Equities funds. OILD is passively managed, while PLTZ is actively managed. At a correlation of -0.01, they often move in opposite directions. OILD charges 0.95%/yr vs 1.29%/yr for PLTZ.

Performance

OILD vs. PLTZ - 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 Defiance Daily Target 2X Short PLTR ETF (PLTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILD achieves a -61.30% return, which is significantly lower than PLTZ's 4.28% return.

OILD

• 1D: -3.52%
• 1M: 4.33%
• YTD: -61.30%
• 6M: -58.58%
• 1Y: -72.54%
• 3Y*: -48.14%
• 5Y*: —
• 10Y*: —

PLTZ

• 1D: 13.03%
• 1M: -4.65%
• YTD: 4.28%
• 6M: -1.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILD vs. PLTZ - Yearly Performance Comparison

	2026 (YTD)	2025
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-61.30%	-29.00%
PLTZ Defiance Daily Target 2X Short PLTR ETF	4.28%	-64.39%

Correlation

The correlation between OILD and PLTZ is -0.01, 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 (All Time) Calculated using the full available price history since Jun 9, 2025	-0.01

Return for Risk

OILD vs. PLTZ — 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: 0
OILD Calmar Ratio Rank: 1
OILD Martin Ratio Rank: 1

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. PLTZ - 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 Defiance Daily Target 2X Short PLTR ETF (PLTZ). 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	PLTZ	Difference
Sharpe ratio Return per unit of total volatility	-1.19	—	—
Sortino ratio Return per unit of downside risk	-2.45	—	—
Omega ratio Gain probability vs. loss probability	0.75	—	—
Calmar ratio Return relative to maximum drawdown	-0.94	—	—
Martin ratio Return relative to average drawdown	-1.56	—	—
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	PLTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	-0.62	-0.13

Drawdowns

OILD vs. PLTZ - Drawdown Comparison

The maximum OILD drawdown since its inception was -98.90%, which is greater than PLTZ's maximum drawdown of -70.28%. Use the drawdown chart below to compare losses from any high point for OILD and PLTZ.

Drawdown Indicators

	OILD	PLTZ	Difference
Max Drawdown Largest peak-to-trough decline	-98.90%	-70.28%	-28.62%
Max Drawdown (1Y) Largest decline over 1 year	-77.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-88.53%	—	—
Current Drawdown Current decline from peak	-98.74%	-62.87%	-35.87%
Average Drawdown Average peak-to-trough decline	-88.64%	-52.02%	-36.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.59%	—	—

Volatility

Volatility by Period

	OILD	PLTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	48.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.12%	101.99%	-40.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.39%	101.99%	-22.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.39%	101.99%	-22.60%

OILD vs. PLTZ - Expense Ratio Comparison

OILD has a 0.95% expense ratio, which is lower than PLTZ's 1.29% expense ratio.

Dividends

OILD vs. PLTZ - Dividend Comparison

Neither OILD nor PLTZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OILD and PLTZ in my portfolio?

OILD and PLTZ have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OILD or PLTZ?

On fees, OILD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OILD or PLTZ?

OILD is cheaper with a 0.95% expense ratio, compared with 1.29% for PLTZ.

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

OILD and PLTZ have nearly identical dividend yields, around 0.00%.

What is the main difference between OILD and PLTZ?

They also come from different issuers: REX and Defiance. Their fees differ too: 0.95% for OILD and 1.29% for PLTZ.