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

Correlation

The correlation between OILK and USO is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

OILK vs. USO - 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 United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
2.09%
5.86%
OILK
USO

Key characteristics

Sharpe Ratio

OILK:

0.48

USO:

0.65

Sortino Ratio

OILK:

0.80

USO:

1.07

Omega Ratio

OILK:

1.10

USO:

1.12

Calmar Ratio

OILK:

0.28

USO:

0.19

Martin Ratio

OILK:

1.36

USO:

2.05

Ulcer Index

OILK:

7.74%

USO:

8.52%

Daily Std Dev

OILK:

22.13%

USO:

26.85%

Max Drawdown

OILK:

-83.76%

USO:

-98.19%

Current Drawdown

OILK:

-28.44%

USO:

-91.37%

Returns By Period

In the year-to-date period, OILK achieves a 4.78% return, which is significantly lower than USO's 7.36% return.


OILK

YTD

4.78%

1M

8.02%

6M

2.09%

1Y

9.31%

5Y*

0.06%

10Y*

N/A

USO

YTD

7.36%

1M

10.96%

6M

5.86%

1Y

16.39%

5Y*

-2.77%

10Y*

-5.05%

*Annualized

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. USO - Expense Ratio Comparison

OILK has a 0.68% expense ratio, which is lower than USO's 0.79% expense ratio.


USO
United States Oil Fund LP
Expense ratio chart for USO: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
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. USO — Risk-Adjusted Performance Rank

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

OILK
The Risk-Adjusted Performance Rank of OILK is 1616
Overall Rank
The Sharpe Ratio Rank of OILK is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of OILK is 1717
Sortino Ratio Rank
The Omega Ratio Rank of OILK is 1616
Omega Ratio Rank
The Calmar Ratio Rank of OILK is 1616
Calmar Ratio Rank
The Martin Ratio Rank of OILK is 1616
Martin Ratio Rank

USO
The Risk-Adjusted Performance Rank of USO is 2121
Overall Rank
The Sharpe Ratio Rank of USO is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of USO is 2525
Sortino Ratio Rank
The Omega Ratio Rank of USO is 2323
Omega Ratio Rank
The Calmar Ratio Rank of USO is 1313
Calmar Ratio Rank
The Martin Ratio Rank of USO is 2323
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OILK vs. USO - 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 United States Oil Fund LP (USO). 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 0.48, compared to the broader market0.002.004.000.480.65
The chart of Sortino ratio for OILK, currently valued at 0.80, compared to the broader market0.005.0010.000.801.07
The chart of Omega ratio for OILK, currently valued at 1.10, compared to the broader market1.002.003.001.101.12
The chart of Calmar ratio for OILK, currently valued at 0.28, compared to the broader market0.005.0010.0015.0020.000.280.36
The chart of Martin ratio for OILK, currently valued at 1.36, compared to the broader market0.0020.0040.0060.0080.00100.001.362.05
OILK
USO

The current OILK Sharpe Ratio is 0.48, which is comparable to the USO Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of OILK and USO, 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-0.500.000.501.00AugustSeptemberOctoberNovemberDecember2025
0.48
0.65
OILK
USO

Dividends

OILK vs. USO - Dividend Comparison

OILK's dividend yield for the trailing twelve months is around 2.97%, while USO has not paid dividends to shareholders.


TTM20242023202220212020201920182017
OILK
ProShares K-1 Free Crude Oil Strategy ETF
2.97%3.11%5.80%17.31%68.82%0.13%0.94%0.58%6.17%
USO
United States Oil Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OILK vs. USO - Drawdown Comparison

The maximum OILK drawdown since its inception was -83.76%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for OILK and USO. For additional features, visit the drawdowns tool.


-45.00%-40.00%-35.00%-30.00%AugustSeptemberOctoberNovemberDecember2025
-28.44%
-36.95%
OILK
USO

Volatility

OILK vs. USO - Volatility Comparison

The current volatility for ProShares K-1 Free Crude Oil Strategy ETF (OILK) is 4.80%, while United States Oil Fund LP (USO) has a volatility of 7.05%. This indicates that OILK experiences smaller price fluctuations and is considered to be less risky than USO 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%AugustSeptemberOctoberNovemberDecember2025
4.80%
7.05%
OILK
USO
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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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