OILT vs. BILD

Last updated Jun 4, 2026

OILT (Texas Capital Texas Oil Index ETF) and BILD (Macquarie Global Listed Infrastructure ETF) are both Energy Equities funds. OILT is passively managed, while BILD is actively managed. Over the past year, OILT returned 47.26% vs 14.53% for BILD. At a 0.12 correlation, their price movements are largely independent. OILT charges 0.35%/yr vs 0.49%/yr for BILD.

Performance

OILT vs. BILD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Capital Texas Oil Index ETF (OILT) and Macquarie Global Listed Infrastructure ETF (BILD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILT achieves a 35.33% return, which is significantly higher than BILD's 7.24% return.

OILT

• 1D: 1.74%
• 1M: -4.77%
• YTD: 35.33%
• 6M: 29.79%
• 1Y: 47.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BILD

• 1D: -0.50%
• 1M: -2.00%
• YTD: 7.24%
• 6M: 6.70%
• 1Y: 14.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILT vs. BILD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OILT Texas Capital Texas Oil Index ETF	35.33%	-3.30%	0.87%	-0.16%
BILD Macquarie Global Listed Infrastructure ETF	7.24%	21.08%	-2.68%	0.86%

Correlation

The correlation between OILT and BILD is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (All Time) Calculated using the full available price history since Dec 22, 2023	0.12

OILT vs. BILD - Sectors Allocation Comparison

Sectors	OILT	BILD
Energy	94.2%	18.4%
Utilities	5.8%	54.2%
Basic Materials	-	-
Communication Services	-	1.6%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	20.4%
Real Estate	-	5.5%
Technology	-	-

Return for Risk

OILT vs. BILD — Risk / Return Rank

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

OILT

OILT Risk / Return Rank: 51
OILT Sharpe Ratio Rank: 49
OILT Sortino Ratio Rank: 45
OILT Omega Ratio Rank: 42
OILT Calmar Ratio Rank: 70
OILT Martin Ratio Rank: 50

BILD

BILD Risk / Return Rank: 40
BILD Sharpe Ratio Rank: 38
BILD Sortino Ratio Rank: 35
BILD Omega Ratio Rank: 37
BILD Calmar Ratio Rank: 49
BILD Martin Ratio Rank: 42

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. BILD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) and Macquarie Global Listed Infrastructure ETF (BILD). 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.

	OILT	BILD	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.35	+0.34
Sortino ratio: Return per unit of downside risk	2.25	1.86	+0.39
Omega ratio: Gain probability vs. loss probability	1.27	1.24	+0.03
Calmar ratio: Return relative to maximum drawdown	3.44	2.41	+1.03
Martin ratio: Return relative to average drawdown	8.37	6.80	+1.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OILT vs. BILD - Sharpe Ratio Comparison

The current OILT Sharpe Ratio is 1.70, which is comparable to the BILD Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of OILT and BILD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OILT	BILD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	1.35	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.88	-0.46

Drawdowns

OILT vs. BILD - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, which is greater than BILD's maximum drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for OILT and BILD.

Drawdown Indicators

	OILT	BILD	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-14.78%	-20.43%
Max Drawdown (1Y) Largest decline over 1 year	-13.79%	-6.05%	-7.74%
Current Drawdown Current decline from peak	-8.67%	-5.05%	-3.62%
Average Drawdown Average peak-to-trough decline	-12.93%	-3.70%	-9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.66%	2.14%	+3.52%

Volatility

OILT vs. BILD - Volatility Comparison

Texas Capital Texas Oil Index ETF (OILT) has a higher volatility of 9.94% compared to Macquarie Global Listed Infrastructure ETF (BILD) at 4.05%. This indicates that OILT's price experiences larger fluctuations and is considered to be riskier than BILD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILT	BILD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.94%	4.05%	+5.89%
Volatility (6M) Calculated over the trailing 6-month period	21.13%	8.88%	+12.25%
Volatility (1Y) Calculated over the trailing 1-year period	28.09%	10.78%	+17.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.72%	13.23%	+15.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.72%	13.23%	+15.49%

OILT vs. BILD - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than BILD's 0.49% expense ratio.

Dividends

OILT vs. BILD - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.43%, less than BILD's 2.86% yield.

Position	TTM	2025	2024	2023
BILD Macquarie Global Listed Infrastructure ETF	2.86%	3.05%	5.53%	0.52%
OILT Texas Capital Texas Oil Index ETF	2.43%	3.12%	2.63%	0.00%

Frequently Asked Questions

Can I hold both OILT and BILD in my portfolio?

OILT and BILD have a correlation of 0.06, 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 BILD?

OILT has higher volatility (9.94%) compared to BILD (4.05%). In terms of maximum drawdown, OILT dropped -35.21% vs BILD's -14.78%.

Which ETF is better, OILT or BILD?

On 1-year performance, OILT leads with 47.26% vs 14.53% for BILD. On fees, OILT is cheaper at 0.35% per year. On volatility, BILD has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILT or BILD?

Over the 1-year period, OILT has performed better with a 47.26% return vs 14.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILT or BILD?

OILT is cheaper with a 0.35% expense ratio, compared with 0.49% for BILD.

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

BILD has the higher dividend yield at 2.86%, compared with 2.43% for OILT.

What is the main difference between OILT and BILD?

They also come from different issuers: Texas Capital and Macquarie. Their fees differ too: 0.35% for OILT and 0.49% for BILD.

Which has better risk-adjusted returns?

OILT currently has the higher Sharpe Ratio (1.70 vs 1.35), 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.