OILD vs. YQQQ
OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - OILD is a Inverse Equities fund tracking the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), while YQQQ is a Derivative Income fund actively managed by YieldMax. OILD is passively managed, while YQQQ is actively managed. Over the past year, OILD returned -73.93% vs -13.84% for YQQQ. At a 0.03 correlation, their price movements are largely independent. OILD charges 0.95%/yr vs 0.99%/yr for YQQQ.
Performance
OILD vs. YQQQ - Performance Comparison
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Returns By Period
In the year-to-date period, OILD achieves a -61.34% return, which is significantly lower than YQQQ's -8.57% return.
OILD
- 1D
- -0.10%
- 1M
- 3.58%
- YTD
- -61.34%
- 6M
- -58.10%
- 1Y
- -73.93%
- 3Y*
- -48.52%
- 5Y*
- —
- 10Y*
- —
YQQQ
- 1D
- 0.41%
- 1M
- -6.24%
- YTD
- -8.57%
- 6M
- -6.48%
- 1Y
- -13.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OILD vs. YQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | -61.34% | -41.67% | 9.67% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | -8.57% | -9.97% | -4.06% |
Correlation
The correlation between OILD and YQQQ is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2024 | 0.03 |
The correlation between OILD and YQQQ shifts across timeframes, from -0.18 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OILD vs. YQQQ — Risk / Return Rank
OILD
YQQQ
OILD vs. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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 | YQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 0.83 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.67 | -0.29 |
| Martin ratioReturn relative to average drawdown | -1.58 | -1.61 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OILD | YQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.22 | -1.11 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.75 | -0.76 | +0.01 |
Drawdowns
OILD vs. YQQQ - Drawdown Comparison
The maximum OILD drawdown since its inception was -98.90%, which is greater than YQQQ's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for OILD and YQQQ.
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Drawdown Indicators
| OILD | YQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.90% | -28.21% | -70.69% |
Max Drawdown (1Y)Largest decline over 1 year | -77.40% | -20.82% | -56.58% |
Max Drawdown (3Y)Largest decline over 3 years | -88.53% | — | — |
Current DrawdownCurrent decline from peak | -98.74% | -27.87% | -70.87% |
Average DrawdownAverage peak-to-trough decline | -88.65% | -14.25% | -74.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.83% | 8.62% | +38.21% |
Volatility
OILD vs. YQQQ - Volatility Comparison
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) has a higher volatility of 24.24% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 3.90%. This indicates that OILD's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OILD | YQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.24% | 3.90% | +20.34% |
Volatility (6M)Calculated over the trailing 6-month period | 48.36% | 9.85% | +38.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.04% | 12.50% | +48.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.35% | 16.25% | +63.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.35% | 16.25% | +63.10% |
OILD vs. YQQQ - Expense Ratio Comparison
OILD has a 0.95% expense ratio, which is lower than YQQQ's 0.99% expense ratio.
Dividends
OILD vs. YQQQ - Dividend Comparison
OILD has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 32.16%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% |
YQQQ YieldMax Short N100 Option Income Strategy ETF | 32.16% | 31.71% | 7.88% |
Frequently Asked Questions
OILD and YQQQ have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILD has higher volatility (24.24%) compared to YQQQ (3.90%). In terms of maximum drawdown, OILD dropped -98.90% vs YQQQ's -28.21%.
On 1-year performance, YQQQ leads with -13.84% vs -73.93% for OILD. On fees, OILD is cheaper at 0.95% per year. On volatility, YQQQ has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, YQQQ has performed better with a -13.84% return vs -73.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILD is cheaper with a 0.95% expense ratio, compared with 0.99% for YQQQ.
YQQQ has the higher dividend yield at 32.16%, compared with 0.00% for OILD.
OILD is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: REX and YieldMax. Their fees differ too: 0.95% for OILD and 0.99% for YQQQ.
YQQQ currently has the higher Sharpe Ratio (-1.11 vs -1.22), 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.
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