OILK vs. AGGA

Last updated Jun 24, 2026

OILK (ProShares K-1 Free Crude Oil Strategy ETF) and AGGA (Astoria Dynamic Core US Fixed Income ETF) are both exchange-traded funds - OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index, while AGGA is a Multisector Bonds fund actively managed by Astoria. OILK is passively managed, while AGGA is actively managed. Over the past year, OILK returned 27.24% vs 4.16% for AGGA. At a correlation of -0.38, they often move in opposite directions. OILK charges 0.68%/yr vs 0.55%/yr for AGGA.

Performance

OILK vs. AGGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Astoria Dynamic Core US Fixed Income ETF (AGGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILK achieves a 40.78% return, which is significantly higher than AGGA's 0.92% return.

OILK

• 1D: -0.59%
• 1M: -13.38%
• YTD: 40.78%
• 6M: 38.63%
• 1Y: 27.24%
• 3Y*: 13.91%
• 5Y*: 13.00%
• 10Y*: —

AGGA

• 1D: 0.06%
• 1M: 0.44%
• YTD: 0.92%
• 6M: 0.96%
• 1Y: 4.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILK vs. AGGA - Yearly Performance Comparison

	2026 (YTD)	2025
OILK ProShares K-1 Free Crude Oil Strategy ETF	40.78%	4.09%
AGGA Astoria Dynamic Core US Fixed Income ETF	0.92%	4.49%

Correlation

The correlation between OILK and AGGA is -0.41, 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	-0.41
Correlation (All Time) Calculated using the full available price history since May 1, 2025	-0.38

Return for Risk

OILK vs. AGGA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OILK

OILK Risk / Return Rank: 28
OILK Sharpe Ratio Rank: 28
OILK Sortino Ratio Rank: 27
OILK Omega Ratio Rank: 27
OILK Calmar Ratio Rank: 33
OILK Martin Ratio Rank: 27

AGGA

AGGA Risk / Return Rank: 67
AGGA Sharpe Ratio Rank: 65
AGGA Sortino Ratio Rank: 71
AGGA Omega Ratio Rank: 69
AGGA Calmar Ratio Rank: 63
AGGA Martin Ratio Rank: 68

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.

OILK vs. AGGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Astoria Dynamic Core US Fixed Income ETF (AGGA). 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.

	OILK	AGGA	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.95	-0.98
Sortino ratio: Return per unit of downside risk	1.42	2.93	-1.50
Omega ratio: Gain probability vs. loss probability	1.18	1.37	-0.20
Calmar ratio: Return relative to maximum drawdown	1.57	2.85	-1.28
Martin ratio: Return relative to average drawdown	3.49	11.37	-7.88

OILK vs. AGGA - Sharpe Ratio Comparison

The current OILK Sharpe Ratio is 0.96, which is lower than the AGGA Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of OILK and AGGA, 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

OILK vs. AGGA - Drawdown Comparison

The maximum OILK drawdown since its inception was -83.76%, which is greater than AGGA's maximum drawdown of -1.47%. Use the drawdown chart below to compare losses from any high point for OILK and AGGA.

Drawdown Indicators

	OILK	AGGA	Difference
Max Drawdown Largest peak-to-trough decline	-83.76%	-1.47%	-82.29%
Max Drawdown (1Y) Largest decline over 1 year	-17.41%	-1.47%	-15.94%
Max Drawdown (3Y) Largest decline over 3 years	-23.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.69%	—	—
Current Drawdown Current decline from peak	-17.41%	-0.20%	-17.21%
Average Drawdown Average peak-to-trough decline	-32.48%	-0.22%	-32.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.86%	0.37%	+7.49%

Volatility

OILK vs. AGGA - Volatility Comparison

ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a higher volatility of 8.02% compared to Astoria Dynamic Core US Fixed Income ETF (AGGA) at 0.77%. This indicates that OILK's price experiences larger fluctuations and is considered to be riskier than AGGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILK	AGGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	0.77%	+7.25%
Volatility (6M) Calculated over the trailing 6-month period	24.07%	1.69%	+22.38%
Volatility (1Y) Calculated over the trailing 1-year period	29.00%	2.16%	+26.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.27%	2.24%	+28.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.96%	2.24%	+33.72%

OILK vs. AGGA - Expense Ratio Comparison

OILK has a 0.68% expense ratio, which is higher than AGGA's 0.55% expense ratio.

Dividends

OILK vs. AGGA - Dividend Comparison

OILK's dividend yield for the trailing twelve months is around 9.54%, more than AGGA's 4.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGGA Astoria Dynamic Core US Fixed Income ETF	4.25%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OILK ProShares K-1 Free Crude Oil Strategy ETF	9.54%	4.79%	3.11%	5.80%	17.32%	68.82%	0.13%	0.94%	0.58%	6.17%

Frequently Asked Questions

Can I hold both OILK and AGGA in my portfolio?

OILK and AGGA have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OILK or AGGA?

OILK has higher volatility (8.02%) compared to AGGA (0.77%). In terms of maximum drawdown, OILK dropped -83.76% vs AGGA's -1.47%.

Which ETF is better, OILK or AGGA?

On 1-year performance, OILK leads with 27.24% vs 4.16% for AGGA. On fees, AGGA is cheaper at 0.55% per year. On volatility, AGGA has been the lower-risk option at 0.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILK or AGGA?

Over the 1-year period, OILK has performed better with a 27.24% return vs 4.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILK or AGGA?

AGGA is cheaper with a 0.55% expense ratio, compared with 0.68% for OILK.

Which ETF pays a higher dividend yield, OILK or AGGA?

OILK has the higher dividend yield at 9.54%, compared with 4.25% for AGGA.

What is the main difference between OILK and AGGA?

OILK is categorized as Oil & Gas, while AGGA is Multisector Bonds. They also come from different issuers: ProShares and Astoria. Their fees differ too: 0.68% for OILK and 0.55% for AGGA.

Which has better risk-adjusted returns?

AGGA currently has the higher Sharpe Ratio (1.95 vs 0.96), 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.