OILD vs. WTIU

Last updated Aug 5, 2026

OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both exchange-traded funds - OILD is a Inverse Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), while WTIU is a Leveraged Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). Both are passively managed. Over the past 3 years, OILD returned -42.92%/yr vs -1.99%/yr for WTIU. Their -0.97 correlation means they have often moved in opposite directions in the past. Both charge a 0.95% expense ratio.

Performance

OILD vs. WTIU - 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 Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILD achieves a -62.98% return, which is significantly lower than WTIU's 89.78% return.

OILD

• 1D: 1.27%
• 1M: -27.98%
• 6M: -43.08%
• YTD: -62.98%
• 1Y: -70.97%
• 3Y*: -42.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -58.87%

WTIU

• 1D: -2.86%
• 1M: 35.24%
• 6M: 38.53%
• YTD: 89.78%
• 1Y: 99.12%
• 3Y*: -1.99%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -6.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	$2.68M	$2.54M	$3.73M
WTIU MicroSectors Energy 3X Leveraged ETN	$1.47M	$948.86K	$842.63K

OILD vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs	-62.98%	-41.67%	-14.58%	-9.05%
WTIU MicroSectors Energy 3X Leveraged ETN	89.78%	-17.13%	-29.63%	-28.45%

Correlation

The correlation between OILD and WTIU is -0.97, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.97
Correlation (3Y) Balances recent behavior with more history.	-0.97
Correlation (All Time) Calculated using the full available price history since Feb 15, 2023	-0.97

The correlation between OILD and WTIU has been stable across timeframes, ranging from -0.97 to -0.97 - a consistent structural relationship.

OILD vs. WTIU - Sectors Allocation Comparison

Sectors	OILD	WTIU
Energy	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

OILD vs. WTIU — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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: 1

WTIU

WTIU Risk / Return Rank: 47
WTIU Sharpe Ratio Rank: 50
WTIU Sortino Ratio Rank: 47
WTIU Omega Ratio Rank: 46
WTIU Calmar Ratio Rank: 51
WTIU Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OILD vs. WTIU - 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 Energy 3X Leveraged ETN (WTIU). 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	WTIU	Difference
Sharpe ratio: Return per unit of total volatility	-1.12	1.43	-2.55
Sortino ratio: Return per unit of downside risk	-2.25	1.93	-4.18
Omega ratio: Gain probability vs. loss probability	0.77	1.24	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.95	2.07	-3.03
Martin ratio: Return relative to average drawdown	-1.42	4.70	-6.12

OILD vs. WTIU - Sharpe Ratio Comparison

The current OILD Sharpe Ratio is -1.12, which is lower than the WTIU Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of OILD and WTIU, 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. WTIU - Drawdown Comparison

The maximum OILD drawdown since its inception was -98.90%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for OILD and WTIU.

Drawdown Indicators

	OILD	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-98.90%	-75.73%	-23.17%
Max Drawdown (1Y) Largest decline over 1 year	-74.53%	-48.11%	-26.42%
Max Drawdown (3Y) Largest decline over 3 years	-85.42%	-75.73%	-9.69%
Current Drawdown Current decline from peak	-98.80%	-32.73%	-66.07%
Average Drawdown Average peak-to-trough decline	-88.92%	-39.20%	-49.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.00%	21.15%	+28.85%

Volatility

OILD vs. WTIU - Volatility Comparison

The current volatility for MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) is 20.27%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 22.49%. This indicates that OILD experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILD	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.27%	22.49%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	50.12%	57.51%	-7.39%
Volatility (1Y) Calculated over the trailing 1-year period	63.36%	69.73%	-6.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.04%	70.84%	+8.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.04%	70.84%	+8.20%

OILD vs. WTIU - Expense Ratio Comparison

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

Dividends

OILD vs. WTIU - Dividend Comparison

Neither OILD nor WTIU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OILD and WTIU in my portfolio?

OILD and WTIU have a correlation of -0.97, 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 WTIU?

WTIU has higher volatility (22.49%) compared to OILD (20.27%). In terms of maximum drawdown, OILD dropped -98.90% vs WTIU's -75.73%.

Which ETF is better, OILD or WTIU?

On 3-year performance, WTIU leads with -1.99% vs -42.92% for OILD. Both ETFs have the same 0.95% expense ratio. On volatility, OILD has been the lower-risk option at 20.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILD or WTIU?

Over the 3-year period, WTIU has performed better with a -1.99% return vs -42.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILD or WTIU?

OILD and WTIU have the same expense ratio: 0.95% per year.

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

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

What is the main difference between OILD and WTIU?

OILD is categorized as Inverse Equities, while WTIU is Leveraged Equities. OILD tracks Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), while WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%).

Which has better risk-adjusted returns?

WTIU currently has the higher Sharpe Ratio (1.43 vs -1.12), 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.