OILK vs. AGNC

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares K-1 Free Crude Oil Strategy ETF (OILK) and AGNC Investment Corp. (AGNC).

OILK is a passively managed fund by ProShares that tracks the performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. It was launched on Sep 26, 2016.

Performance

OILK vs. AGNC - 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 AGNC Investment Corp. (AGNC). The values are adjusted to include any dividend payments, if applicable.

OILK vs. AGNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OILK ProShares K-1 Free Crude Oil Strategy ETF	42.24%	-11.86%	8.18%	-0.97%	27.57%	63.71%	-61.09%	30.48%	-20.40%	2.82%
AGNC AGNC Investment Corp.	-3.40%	34.92%	8.90%	10.14%	-21.65%	5.20%	-1.78%	13.31%	-2.46%	23.73%

Returns By Period

In the year-to-date period, OILK achieves a 42.24% return, which is significantly higher than AGNC's -3.40% return.

OILK

• 1D: -2.66%
• 1M: 17.31%
• YTD: 42.24%
• 6M: 33.80%
• 1Y: 25.27%
• 3Y*: 12.28%
• 5Y*: 17.11%
• 10Y*: —

AGNC

• 1D: -0.10%
• 1M: -9.03%
• YTD: -3.40%
• 6M: 7.97%
• 1Y: 21.99%
• 3Y*: 15.79%
• 5Y*: 2.93%
• 10Y*: 6.23%

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

Return for Risk

OILK vs. AGNC — Risk / Return Rank

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

OILK

OILK Risk / Return Rank: 43
OILK Sharpe Ratio Rank: 46
OILK Sortino Ratio Rank: 46
OILK Omega Ratio Rank: 40
OILK Calmar Ratio Rank: 53
OILK Martin Ratio Rank: 29

AGNC

AGNC Risk / Return Rank: 67
AGNC Sharpe Ratio Rank: 73
AGNC Sortino Ratio Rank: 63
AGNC Omega Ratio Rank: 65
AGNC Calmar Ratio Rank: 65
AGNC Martin Ratio Rank: 71

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. AGNC - 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 AGNC Investment Corp. (AGNC). 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.

	OILK	AGNC	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.97	-0.09
Sortino ratio Return per unit of downside risk	1.31	1.34	-0.03
Omega ratio Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio Return relative to maximum drawdown	1.45	1.11	+0.34
Martin ratio Return relative to average drawdown	2.56	3.75	-1.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OILK vs. AGNC - Sharpe Ratio Comparison

The current OILK Sharpe Ratio is 0.87, which is comparable to the AGNC Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of OILK and AGNC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OILK	AGNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.97	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.11	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.25	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.42	-0.35

Correlation

The correlation between OILK and AGNC is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OILK vs. AGNC - Dividend Comparison

OILK's dividend yield for the trailing twelve months is around 4.30%, less than AGNC's 14.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OILK ProShares K-1 Free Crude Oil Strategy ETF	4.30%	4.79%	3.11%	5.80%	17.32%	68.82%	0.13%	0.94%	0.58%	6.17%	0.00%	0.00%
AGNC AGNC Investment Corp.	14.37%	13.43%	15.64%	14.68%	13.91%	9.57%	10.00%	11.31%	12.31%	10.70%	12.69%	14.30%

Drawdowns

OILK vs. AGNC - Drawdown Comparison

The maximum OILK drawdown since its inception was -83.76%, which is greater than AGNC's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for OILK and AGNC.

Drawdown Indicators

	OILK	AGNC	Difference
Max Drawdown Largest peak-to-trough decline	-83.76%	-54.56%	-29.20%
Max Drawdown (1Y) Largest decline over 1 year	-17.35%	-18.71%	+1.36%
Max Drawdown (5Y) Largest decline over 5 years	-34.69%	-54.56%	+19.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.56%	—
Current Drawdown Current decline from peak	-14.38%	-14.91%	+0.53%
Average Drawdown Average peak-to-trough decline	-33.08%	-13.60%	-19.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.87%	5.55%	+4.32%

Volatility

OILK vs. AGNC - Volatility Comparison

ProShares K-1 Free Crude Oil Strategy ETF (OILK) has a higher volatility of 12.71% compared to AGNC Investment Corp. (AGNC) at 9.58%. This indicates that OILK's price experiences larger fluctuations and is considered to be riskier than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILK	AGNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.71%	9.58%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	20.40%	15.07%	+5.33%
Volatility (1Y) Calculated over the trailing 1-year period	29.06%	22.88%	+6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.85%	25.71%	+4.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.00%	25.31%	+10.69%