OILT vs. AGGA

Last updated Jul 12, 2026

OILT (Texas Capital Texas Oil Index ETF) and AGGA (Astoria Dynamic Core US Fixed Income ETF) are both exchange-traded funds - OILT is a Energy Equities fund tracking the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross, while AGGA is a Multisector Bonds fund actively managed by Astoria. OILT is passively managed, while AGGA is actively managed. Over the past year, OILT returned 23.09% vs 3.94% for AGGA. At a correlation of -0.26, they often move in opposite directions. OILT charges 0.35%/yr vs 0.55%/yr for AGGA.

Performance

OILT vs. AGGA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Capital Texas Oil Index ETF (OILT) and Astoria Dynamic Core US Fixed Income ETF (AGGA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILT achieves a 22.12% return, which is significantly higher than AGGA's 0.89% return.

OILT

• 1D: 0.03%
• 1M: -6.36%
• 6M: 21.49%
• YTD: 22.12%
• 1Y: 23.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGGA

• 1D: -0.10%
• 1M: -0.05%
• 6M: 0.67%
• YTD: 0.89%
• 1Y: 3.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OILT vs. AGGA - Yearly Performance Comparison

	2026 (YTD)	2025
OILT Texas Capital Texas Oil Index ETF	22.12%	17.12%
AGGA Astoria Dynamic Core US Fixed Income ETF	0.89%	4.49%

Correlation

The correlation between OILT and AGGA is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.29
Correlation (All Time) Calculated using the full available price history since May 1, 2025	-0.26

Return for Risk

OILT vs. AGGA — Risk / Return Rank

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

OILT

OILT Risk / Return Rank: 28
OILT Sharpe Ratio Rank: 29
OILT Sortino Ratio Rank: 29
OILT Omega Ratio Rank: 27
OILT Calmar Ratio Rank: 29
OILT Martin Ratio Rank: 28

AGGA

AGGA Risk / Return Rank: 70
AGGA Sharpe Ratio Rank: 69
AGGA Sortino Ratio Rank: 73
AGGA Omega Ratio Rank: 71
AGGA Calmar Ratio Rank: 65
AGGA Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OILT vs. AGGA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) and Astoria Dynamic Core US Fixed Income ETF (AGGA). 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.

	OILT	AGGA	Difference
Sharpe ratio: Return per unit of total volatility	0.87	1.78	-0.90
Sortino ratio: Return per unit of downside risk	1.32	2.63	-1.32
Omega ratio: Gain probability vs. loss probability	1.16	1.34	-0.18
Calmar ratio: Return relative to maximum drawdown	1.17	2.60	-1.43
Martin ratio: Return relative to average drawdown	3.23	10.37	-7.15

OILT vs. AGGA - Sharpe Ratio Comparison

The current OILT Sharpe Ratio is 0.87, which is lower than the AGGA Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of OILT and AGGA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OILT vs. AGGA - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, which is greater than AGGA's maximum drawdown of -1.47%. Use the drawdown chart below to compare losses from any high point for OILT and AGGA.

Drawdown Indicators

	OILT	AGGA	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-1.47%	-33.74%
Max Drawdown (1Y) Largest decline over 1 year	-20.72%	-1.47%	-19.25%
Current Drawdown Current decline from peak	-17.58%	-0.46%	-17.12%
Average Drawdown Average peak-to-trough decline	-13.03%	-0.22%	-12.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.49%	0.37%	+7.12%

Volatility

OILT vs. AGGA - Volatility Comparison

Texas Capital Texas Oil Index ETF (OILT) has a higher volatility of 8.18% compared to Astoria Dynamic Core US Fixed Income ETF (AGGA) at 0.75%. This indicates that OILT's price experiences larger fluctuations and is considered to be riskier than AGGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILT	AGGA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	0.75%	+7.43%
Volatility (6M) Calculated over the trailing 6-month period	21.42%	1.73%	+19.69%
Volatility (1Y) Calculated over the trailing 1-year period	27.75%	2.14%	+25.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.70%	2.23%	+26.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.70%	2.23%	+26.47%

OILT vs. AGGA - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than AGGA's 0.55% expense ratio.

Dividends

OILT vs. AGGA - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.81%, less than AGGA's 4.23% yield.

Position	TTM	2025	2024
AGGA Astoria Dynamic Core US Fixed Income ETF	4.23%	2.81%	0.00%
OILT Texas Capital Texas Oil Index ETF	2.81%	3.12%	2.63%

Frequently Asked Questions

Can I hold both OILT and AGGA in my portfolio?

OILT and AGGA have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OILT or AGGA?

OILT has higher volatility (8.18%) compared to AGGA (0.75%). In terms of maximum drawdown, OILT dropped -35.21% vs AGGA's -1.47%.

Which ETF is better, OILT or AGGA?

On 1-year performance, OILT leads with 23.09% vs 3.94% for AGGA. On fees, OILT is cheaper at 0.35% per year. On volatility, AGGA has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILT or AGGA?

Over the 1-year period, OILT has performed better with a 23.09% return vs 3.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILT or AGGA?

OILT is cheaper with a 0.35% expense ratio, compared with 0.55% for AGGA.

Which ETF pays a higher dividend yield, OILT or AGGA?

AGGA has the higher dividend yield at 4.23%, compared with 2.81% for OILT.

What is the main difference between OILT and AGGA?

OILT is categorized as Energy Equities, while AGGA is Multisector Bonds. They also come from different issuers: Texas Capital and Astoria. Their fees differ too: 0.35% for OILT and 0.55% for AGGA.

Which has better risk-adjusted returns?

AGGA currently has the higher Sharpe Ratio (1.78 vs 0.87), 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.