OILK vs. AMZN
Compare and contrast key facts about ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Amazon.com, Inc. (AMZN).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILK or AMZN.
Key characteristics
| OILK | AMZN | |
|---|---|---|
| YTD Return | 3.61% | 36.13% |
| 1Y Return | -2.17% | 44.08% |
| 3Y Return (Ann) | 8.71% | 5.51% |
| 5Y Return (Ann) | -2.28% | 18.80% |
| Sharpe Ratio | -0.01 | 1.75 |
| Sortino Ratio | 0.15 | 2.42 |
| Omega Ratio | 1.02 | 1.31 |
| Calmar Ratio | -0.01 | 2.00 |
| Martin Ratio | -0.05 | 8.02 |
| Ulcer Index | 6.75% | 5.88% |
| Daily Std Dev | 23.92% | 26.92% |
| Max Drawdown | -83.76% | -94.40% |
| Current Drawdown | -34.59% | -1.53% |
Correlation
The correlation between OILK and AMZN is 0.11, 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.
Performance
OILK vs. AMZN - Performance Comparison
In the year-to-date period, OILK achieves a 3.61% return, which is significantly lower than AMZN's 36.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
OILK vs. AMZN - 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 Amazon.com, Inc. (AMZN). 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.
Dividends
OILK vs. AMZN - Dividend Comparison
OILK's dividend yield for the trailing twelve months is around 3.01%, while AMZN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
OILK ProShares K-1 Free Crude Oil Strategy ETF | 3.01% | 5.80% | 17.31% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
AMZN Amazon.com, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OILK vs. AMZN - Drawdown Comparison
The maximum OILK drawdown since its inception was -83.76%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for OILK and AMZN. For additional features, visit the drawdowns tool.
Volatility
OILK vs. AMZN - Volatility Comparison
ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Amazon.com, Inc. (AMZN) have volatilities of 8.84% and 9.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.