OILK vs. USOY
Compare and contrast key facts about ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Defiance Oil Enhanced Options Income ETF (USOY).
OILK and USOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. USOY is an actively managed fund by Defiance. It was launched on May 9, 2024.
Performance
OILK vs. USOY - Performance Comparison
Loading graphics...
OILK vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OILK ProShares K-1 Free Crude Oil Strategy ETF | 46.13% | -11.86% | -2.47% |
USOY Defiance Oil Enhanced Options Income ETF | 60.22% | -7.93% | 7.27% |
Returns By Period
In the year-to-date period, OILK achieves a 46.13% return, which is significantly lower than USOY's 60.22% return.
OILK
- 1D
- -4.10%
- 1M
- 25.62%
- YTD
- 46.13%
- 6M
- 36.81%
- 1Y
- 28.65%
- 3Y*
- 13.30%
- 5Y*
- 17.74%
- 10Y*
- —
USOY
- 1D
- -0.54%
- 1M
- 34.04%
- YTD
- 60.22%
- 6M
- 55.39%
- 1Y
- 44.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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. USOY - Expense Ratio Comparison
OILK has a 0.68% expense ratio, which is lower than USOY's 1.22% expense ratio.
Return for Risk
OILK vs. USOY — Risk / Return Rank
OILK
USOY
OILK vs. USOY - 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 Defiance Oil Enhanced Options Income ETF (USOY). 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 | USOY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.75 | -0.76 |
Sortino ratioReturn per unit of downside risk | 1.45 | 2.20 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.91 | -1.05 |
Martin ratioReturn relative to average drawdown | 3.27 | 5.47 | -2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| OILK | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.75 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 1.24 | -1.16 |
Correlation
The correlation between OILK and USOY is 0.91, 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.
Dividends
OILK vs. USOY - Dividend Comparison
OILK's dividend yield for the trailing twelve months is around 2.67%, less than USOY's 64.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OILK ProShares K-1 Free Crude Oil Strategy ETF | 2.67% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
USOY Defiance Oil Enhanced Options Income ETF | 64.71% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OILK vs. USOY - Drawdown Comparison
The maximum OILK drawdown since its inception was -83.76%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for OILK and USOY.
Loading graphics...
Drawdown Indicators
| OILK | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.76% | -17.46% | -66.30% |
Max Drawdown (1Y)Largest decline over 1 year | -17.35% | -15.70% | -1.65% |
Max Drawdown (5Y)Largest decline over 5 years | -34.69% | — | — |
Current DrawdownCurrent decline from peak | -12.04% | -0.54% | -11.50% |
Average DrawdownAverage peak-to-trough decline | -33.09% | -6.56% | -26.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.86% | 8.34% | +1.52% |
Volatility
OILK vs. USOY - Volatility Comparison
ProShares K-1 Free Crude Oil Strategy ETF (OILK) and Defiance Oil Enhanced Options Income ETF (USOY) have volatilities of 12.23% and 11.94%, 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.
Loading graphics...
Volatility by Period
| OILK | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.23% | 11.94% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 20.23% | 18.38% | +1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.05% | 25.35% | +3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.85% | 22.37% | +7.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.99% | 22.37% | +13.62% |