OILD vs. YXI
OILD (MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs) and YXI (ProShares Short FTSE China 50) are both Inverse Equities funds - OILD tracks the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%) while YXI tracks the FTSE China 50 Net Tax USD (TR) (-100%). Both are passively managed. Over the past 3 years, OILD returned -48.14%/yr vs -11.68%/yr for YXI. At a 0.20 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.
Performance
OILD vs. YXI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OILD achieves a -61.30% return, which is significantly lower than YXI's 8.21% return.
OILD
- 1D
- -3.52%
- 1M
- 4.33%
- YTD
- -61.30%
- 6M
- -58.58%
- 1Y
- -72.54%
- 3Y*
- -48.14%
- 5Y*
- —
- 10Y*
- —
YXI
- 1D
- 1.95%
- 1M
- 2.80%
- YTD
- 8.21%
- 6M
- 9.88%
- 1Y
- 0.05%
- 3Y*
- -11.68%
- 5Y*
- -2.65%
- 10Y*
- -8.25%
OILD vs. YXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | -61.30% | -41.67% | -14.58% | -19.58% | -90.32% | 5.20% |
YXI ProShares Short FTSE China 50 | 8.21% | -22.87% | -25.36% | 12.40% | 4.78% | 5.37% |
Correlation
The correlation between OILD and YXI is -0.02, 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 (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.20 |
The correlation between OILD and YXI shifts across timeframes, from -0.02 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OILD vs. YXI — Risk / Return Rank
OILD
YXI
OILD vs. YXI - 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 ProShares Short FTSE China 50 (YXI). 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 | YXI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.19 | 0.00 | -1.19 |
Sortino ratioReturn per unit of downside risk | -2.45 | 0.14 | -2.60 |
Omega ratioGain probability vs. loss probability | 0.75 | 1.02 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | -0.94 | 0.00 | -0.94 |
Martin ratioReturn relative to average drawdown | -1.56 | 0.01 | -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. | |||
Loading charts...
Sharpe Ratios by Period
| OILD | YXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.19 | 0.00 | -1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.75 | -0.30 | -0.45 |
Drawdowns
OILD vs. YXI - Drawdown Comparison
The maximum OILD drawdown since its inception was -98.90%, which is greater than YXI's maximum drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for OILD and YXI.
Loading charts...
Drawdown Indicators
| OILD | YXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.90% | -81.15% | -17.75% |
Max Drawdown (1Y)Largest decline over 1 year | -77.40% | -14.21% | -63.19% |
Max Drawdown (3Y)Largest decline over 3 years | -88.53% | -53.12% | -35.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.92% | — |
Current DrawdownCurrent decline from peak | -98.74% | -77.90% | -20.84% |
Average DrawdownAverage peak-to-trough decline | -88.64% | -54.31% | -34.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.59% | 8.18% | +38.41% |
Volatility
OILD vs. YXI - Volatility Comparison
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) has a higher volatility of 24.24% compared to ProShares Short FTSE China 50 (YXI) at 7.21%. This indicates that OILD's price experiences larger fluctuations and is considered to be riskier than YXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OILD | YXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.24% | 7.21% | +17.03% |
Volatility (6M)Calculated over the trailing 6-month period | 48.55% | 14.86% | +33.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.12% | 19.97% | +41.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.39% | 31.40% | +47.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.39% | 27.42% | +51.97% |
OILD vs. YXI - Expense Ratio Comparison
Both OILD and YXI have an expense ratio of 0.95%.
Dividends
OILD vs. YXI - Dividend Comparison
OILD has not paid dividends to shareholders, while YXI's dividend yield for the trailing twelve months is around 2.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YXI ProShares Short FTSE China 50 | 2.84% | 3.60% | 4.35% | 2.66% | 0.27% | 0.00% | 0.08% | 1.01% | 0.25% |
Frequently Asked Questions
OILD and YXI have a correlation of -0.02, 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 YXI (7.21%). In terms of maximum drawdown, OILD dropped -98.90% vs YXI's -81.15%.
On 3-year performance, YXI leads with -11.68% vs -48.14% for OILD. Both ETFs have the same 0.95% expense ratio. On volatility, YXI has been the lower-risk option at 7.21%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, YXI has performed better with a -11.68% return vs -48.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OILD and YXI have the same expense ratio: 0.95% per year.
YXI has the higher dividend yield at 2.84%, compared with 0.00% for OILD.
OILD tracks Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), while YXI tracks FTSE China 50 Net Tax USD (TR) (-100%). They also come from different issuers: REX and ProShares.
YXI currently has the higher Sharpe Ratio (0.00 vs -1.19), 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.
Find the right allocation for OILD and YXI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer