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OILK vs. AMOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OILK and AMOM is 0.18, 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.


-0.50.00.51.00.2

Performance

OILK vs. AMOM - 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 QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
-17.95%
144.09%
OILK
AMOM

Key characteristics

Sharpe Ratio

OILK:

0.06

AMOM:

1.76

Sortino Ratio

OILK:

0.24

AMOM:

2.31

Omega Ratio

OILK:

1.03

AMOM:

1.31

Calmar Ratio

OILK:

0.03

AMOM:

2.43

Martin Ratio

OILK:

0.17

AMOM:

8.74

Ulcer Index

OILK:

7.54%

AMOM:

4.55%

Daily Std Dev

OILK:

22.61%

AMOM:

22.55%

Max Drawdown

OILK:

-83.76%

AMOM:

-40.03%

Current Drawdown

OILK:

-33.75%

AMOM:

-5.99%

Returns By Period

In the year-to-date period, OILK achieves a 4.94% return, which is significantly lower than AMOM's 37.89% return.


OILK

YTD

4.94%

1M

0.23%

6M

-8.67%

1Y

1.38%

5Y*

-3.07%

10Y*

N/A

AMOM

YTD

37.89%

1M

1.14%

6M

10.86%

1Y

38.32%

5Y*

17.36%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OILK vs. AMOM - Expense Ratio Comparison

OILK has a 0.68% expense ratio, which is lower than AMOM's 0.75% expense ratio.


AMOM
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
Expense ratio chart for AMOM: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for OILK: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

OILK vs. AMOM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares K-1 Free Crude Oil Strategy ETF (OILK) and QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM). 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.


Sharpe ratio
The chart of Sharpe ratio for OILK, currently valued at 0.06, compared to the broader market0.002.004.000.061.76
The chart of Sortino ratio for OILK, currently valued at 0.24, compared to the broader market-2.000.002.004.006.008.0010.000.242.31
The chart of Omega ratio for OILK, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.031.31
The chart of Calmar ratio for OILK, currently valued at 0.05, compared to the broader market0.005.0010.0015.000.052.43
The chart of Martin ratio for OILK, currently valued at 0.17, compared to the broader market0.0020.0040.0060.0080.00100.000.178.74
OILK
AMOM

The current OILK Sharpe Ratio is 0.06, which is lower than the AMOM Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of OILK and AMOM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.06
1.76
OILK
AMOM

Dividends

OILK vs. AMOM - Dividend Comparison

OILK's dividend yield for the trailing twelve months is around 2.74%, more than AMOM's 0.15% yield.


TTM2023202220212020201920182017
OILK
ProShares K-1 Free Crude Oil Strategy ETF
2.74%5.80%17.31%68.82%0.13%0.94%0.58%6.17%
AMOM
QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
0.15%0.47%0.72%0.14%24.32%5.51%0.00%0.00%

Drawdowns

OILK vs. AMOM - Drawdown Comparison

The maximum OILK drawdown since its inception was -83.76%, which is greater than AMOM's maximum drawdown of -40.03%. Use the drawdown chart below to compare losses from any high point for OILK and AMOM. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-20.28%
-5.99%
OILK
AMOM

Volatility

OILK vs. AMOM - Volatility Comparison

The current volatility for ProShares K-1 Free Crude Oil Strategy ETF (OILK) is 5.35%, while QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) has a volatility of 7.70%. This indicates that OILK experiences smaller price fluctuations and is considered to be less risky than AMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.35%
7.70%
OILK
AMOM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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