OILK vs. REVS
OILK (ProShares K-1 Free Crude Oil ETF) and REVS (Columbia Research Enhanced Value ETF) are both exchange-traded funds - OILK is a Oil & Gas fund tracking the Bloomberg Commodity Balanced WTI Crude Oil Index, while REVS is a Large Cap Value Equities fund tracking the Beta Advantage Research Enhanced U.S. Value Index. Both are passively managed. Over the past 5 years, OILK returned 14.44%/yr vs 12.49%/yr for REVS. Their 0.21 correlation means their historical movements had little consistent relationship. OILK charges 0.69%/yr vs 0.19%/yr for REVS.
Performance
OILK vs. REVS - Performance Comparison
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Returns By Period
In the year-to-date period, OILK achieves a 52.43% return, which is significantly higher than REVS's 17.39% return.
OILK
- 1D
- 0.57%
- 1M
- 12.53%
- 6M
- 35.52%
- YTD
- 52.43%
- 1Y
- 38.09%
- 3Y*
- 11.27%
- 5Y*
- 14.44%
- 10Y*
- —
- ALL TIME*
- 3.64%
REVS
- 1D
- -0.63%
- 1M
- 3.27%
- 6M
- 13.58%
- YTD
- 17.39%
- 1Y
- 28.63%
- 3Y*
- 17.83%
- 5Y*
- 12.49%
- 10Y*
- —
- ALL TIME*
- 13.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.09M | $6.91M | $10.69M | |
| $2.26M | $1.72M | $1.30M |
OILK vs. REVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
OILK ProShares K-1 Free Crude Oil ETF | 52.43% | -11.86% | 8.18% | -0.97% | 27.57% | 63.71% | -61.09% | 7.43% |
REVS Columbia Research Enhanced Value ETF | 17.39% | 16.80% | 16.36% | 13.46% | -6.20% | 28.52% | 1.37% | 7.27% |
Correlation
The correlation between OILK and REVS is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.22 |
Correlation (3Y) Balances recent behavior with more history. | -0.03 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2019 | 0.21 |
The correlation between OILK and REVS shifts across timeframes, from -0.22 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OILK vs. REVS — Risk / Return Rank
OILK
REVS
OILK vs. REVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares K-1 Free Crude Oil ETF (OILK) and Columbia Research Enhanced Value ETF (REVS). 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 | REVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.41 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.98 | -2.37 |
| Martin ratioReturn relative to average drawdown | 4.54 | 14.64 | -10.10 |
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Drawdowns
OILK vs. REVS - Drawdown Comparison
The maximum OILK drawdown since its inception was -83.76%, which is greater than REVS's maximum drawdown of -37.85%. Use the drawdown chart below to compare losses from any high point for OILK and REVS.
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Drawdown Indicators
| OILK | REVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.76% | -37.85% | -45.91% |
Max Drawdown (1Y)Largest decline over 1 year | -21.19% | -6.94% | -14.25% |
Max Drawdown (3Y)Largest decline over 3 years | -23.42% | -16.37% | -7.05% |
Max Drawdown (5Y)Largest decline over 5 years | -34.69% | -18.04% | -16.65% |
Current DrawdownCurrent decline from peak | -10.57% | -0.95% | -9.62% |
Average DrawdownAverage peak-to-trough decline | -32.28% | -4.56% | -27.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 1.88% | +6.61% |
Volatility
OILK vs. REVS - Volatility Comparison
ProShares K-1 Free Crude Oil ETF (OILK) has a higher volatility of 11.31% compared to Columbia Research Enhanced Value ETF (REVS) at 3.30%. This indicates that OILK's price experiences larger fluctuations and is considered to be riskier than REVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OILK | REVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.31% | 3.30% | +8.01% |
Volatility (6M)Calculated over the trailing 6-month period | 25.98% | 8.49% | +17.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.21% | 11.68% | +18.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.46% | 14.84% | +15.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.99% | 18.98% | +17.01% |
OILK vs. REVS - Expense Ratio Comparison
OILK has a 0.69% expense ratio, which is higher than REVS's 0.19% expense ratio.
Dividends
OILK vs. REVS - Dividend Comparison
OILK's dividend yield for the trailing twelve months is around 8.57%, more than REVS's 1.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
OILK ProShares K-1 Free Crude Oil ETF | 8.37% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
REVS Columbia Research Enhanced Value ETF | 1.81% | 2.13% | 1.89% | 2.49% | 2.46% | 1.18% | 27.75% | 0.70% | 0.00% | 0.00% |
Frequently Asked Questions
OILK and REVS have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OILK has higher volatility (11.31%) compared to REVS (3.30%). In terms of maximum drawdown, OILK dropped -83.76% vs REVS's -37.85%.
On 5-year performance, OILK leads with 14.44% vs 12.49% for REVS. On fees, REVS is cheaper at 0.19% per year. On volatility, REVS has been the lower-risk option at 3.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, OILK has performed better with a 14.44% return vs 12.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
REVS is cheaper with a 0.19% expense ratio, compared with 0.69% for OILK.
OILK has the higher dividend yield at 8.37%, compared with 1.81% for REVS.
OILK is categorized as Oil & Gas, while REVS is Large Cap Value Equities. OILK tracks Bloomberg Commodity Balanced WTI Crude Oil Index, while REVS tracks Beta Advantage Research Enhanced U.S. Value Index. They also come from different issuers: ProShares and Ameriprise Financial. Their fees differ too: 0.69% for OILK and 0.19% for REVS.
REVS currently has the higher Sharpe Ratio (2.37 vs 1.13), 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.
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