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OILT vs. IXC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OILT vs. IXC

Last updated Jun 4, 2026

OILT (Texas Capital Texas Oil Index ETF) and IXC (iShares Global Energy ETF) are both Energy Equities funds - OILT tracks the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross while IXC tracks the S&P Global Energy Sector Index. Both are passively managed. Over the past year, OILT returned 47.26% vs 48.10% for IXC. Their correlation of 0.91 suggests significant overlap in exposure. OILT charges 0.35%/yr vs 0.46%/yr for IXC.

Performance

OILT vs. IXC - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, OILT achieves a 35.33% return, which is significantly higher than IXC's 32.22% return.

OILT

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

IXC

1D
0.87%
1M
-1.75%
YTD
32.22%
6M
30.00%
1Y
48.10%
3Y*
18.84%
5Y*
19.64%
10Y*
10.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OILT vs. IXC - Yearly Performance Comparison

2026 (YTD)202520242023
OILT
Texas Capital Texas Oil Index ETF		35.33%-3.30%0.87%-0.16%
IXC
iShares Global Energy ETF		32.22%13.98%1.95%-0.64%

Correlation

The correlation between OILT and IXC is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Dec 22, 2023

0.91

The correlation between OILT and IXC has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

OILT vs. IXC - Sectors Allocation Comparison

Sectors
OILT
IXC

Energy

94.2%
100.0%

Utilities

5.8%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Energy

OILT
94.2%
IXC
100.0%

Utilities

OILT
5.8%
IXC

-

Basic Materials

OILT

-

IXC

-

Communication Services

OILT

-

IXC

-

Consumer Cyclical

OILT

-

IXC

-

Consumer Defensive

OILT

-

IXC

-

Financial Services

OILT

-

IXC

-

Healthcare

OILT

-

IXC

-

Industrials

OILT

-

IXC

-

Real Estate

OILT

-

IXC

-

Technology

OILT

-

IXC

-

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Texas Capital Texas Oil Index ETF

iShares Global Energy ETF

Often compared with OILT:
OILT vs. CHIN.DEOILT vs. GOLDXOILT vs. SPYOILT vs. XLEOILT vs. USOOILT vs. AALOILT vs. MSFT
Often compared with IXC:
IXC vs. XLEIXC vs. VDEIXC vs. IYEIXC vs. OIHIXC vs. IUES.LIXC vs. XDW0.DEIXC vs. DDM

Return for Risk

OILT vs. IXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OILT
OILT Risk / Return Rank: 5151
Overall Rank
OILT Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
OILT Sortino Ratio Rank: 4545
Sortino Ratio Rank
OILT Omega Ratio Rank: 4242
Omega Ratio Rank
OILT Calmar Ratio Rank: 7070
Calmar Ratio Rank
OILT Martin Ratio Rank: 5050
Martin Ratio Rank
IXC
IXC Risk / Return Rank: 7676
Overall Rank
IXC Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
IXC Sortino Ratio Rank: 7070
Sortino Ratio Rank
IXC Omega Ratio Rank: 6868
Omega Ratio Rank
IXC Calmar Ratio Rank: 8787
Calmar Ratio Rank
IXC Martin Ratio Rank: 7777
Martin Ratio Rank
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. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) and iShares Global Energy ETF (IXC). 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.

OILTIXCDifference
Sharpe ratioReturn per unit of total volatility
1.70
2.58

-0.88

Sortino ratioReturn per unit of downside risk
2.25
3.25

-1.00

Omega ratioGain probability vs. loss probability

1.27

1.42

-0.15

Calmar ratioReturn relative to maximum drawdown

3.44

5.00

-1.56

Martin ratioReturn relative to average drawdown

8.37

15.10

-6.72

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. IXC - Sharpe Ratio Comparison

The current OILT Sharpe Ratio is 1.70, which is lower than the IXC Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of OILT and IXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

OILTIXCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.70

2.58

-0.88

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.84

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.38

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.32

+0.10

Drawdowns

OILT vs. IXC - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for OILT and IXC.

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Drawdown Indicators

OILTIXCDifference

Max Drawdown

Largest peak-to-trough decline

-35.21%

-67.88%

+32.67%

Max Drawdown (1Y)

Largest decline over 1 year

-13.79%

-9.66%

-4.13%

Max Drawdown (3Y)

Largest decline over 3 years

—

-19.06%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.93%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.16%

—

Current Drawdown

Current decline from peak

-8.67%

-4.84%

-3.83%

Average Drawdown

Average peak-to-trough decline

-12.93%

-17.48%

+4.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.66%

3.20%

+2.46%

Volatility

OILT vs. IXC - Volatility Comparison

Texas Capital Texas Oil Index ETF (OILT) has a higher volatility of 9.94% compared to iShares Global Energy ETF (IXC) at 7.50%. This indicates that OILT's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OILTIXCDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.94%

7.50%

+2.44%

Volatility (6M)

Calculated over the trailing 6-month period

21.13%

15.42%

+5.71%

Volatility (1Y)

Calculated over the trailing 1-year period

28.09%

18.75%

+9.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.72%

23.50%

+5.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.72%

26.85%

+1.87%

OILT vs. IXC - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than IXC's 0.46% expense ratio.

Dividends

OILT vs. IXC - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.43%, less than IXC's 2.79% yield.

PositionTTM20252024202320222021202020192018201720162015
IXC
iShares Global Energy ETF		2.79%3.68%4.56%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%
OILT
Texas Capital Texas Oil Index ETF		2.43%3.12%2.63%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.90, OILT and IXC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

OILT has higher volatility (9.94%) compared to IXC (7.50%). In terms of maximum drawdown, OILT dropped -35.21% vs IXC's -67.88%.

On 1-year performance, IXC leads with 48.10% vs 47.26% for OILT. On fees, OILT is cheaper at 0.35% per year. On volatility, IXC has been the lower-risk option at 7.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IXC has performed better with a 48.10% return vs 47.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

OILT is cheaper with a 0.35% expense ratio, compared with 0.46% for IXC.

IXC has the higher dividend yield at 2.79%, compared with 2.43% for OILT.

OILT tracks Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross, while IXC tracks S&P Global Energy Sector Index. They also come from different issuers: Texas Capital and iShares. Their fees differ too: 0.35% for OILT and 0.46% for IXC.

IXC currently has the higher Sharpe Ratio (2.58 vs 1.70), 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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