OILT vs. PWRZ

Last updated Jul 18, 2026

OILT (Texas Capital Texas Oil Index ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. OILT is passively managed, while PWRZ is actively managed. At a correlation of -0.09, they often move in opposite directions. OILT charges 0.35%/yr vs 0.75%/yr for PWRZ.

Performance

OILT vs. PWRZ - Performance Comparison

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

Returns By Period

OILT

• 1D: 1.76%
• 1M: 4.27%
• 6M: 25.53%
• YTD: 28.83%
• 1Y: 35.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PWRZ

• 1D: 0.19%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILT vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
OILT Texas Capital Texas Oil Index ETF	5.52%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.18%

Correlation

The correlation between OILT and PWRZ is -0.09, 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 (All Time) Calculated using the full available price history since Jul 10, 2026	-0.09

Return for Risk

OILT vs. PWRZ — Risk / Return Rank

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

OILT

OILT Risk / Return Rank: 42
OILT Sharpe Ratio Rank: 47
OILT Sortino Ratio Rank: 44
OILT Omega Ratio Rank: 41
OILT Calmar Ratio Rank: 43
OILT Martin Ratio Rank: 38

PWRZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). 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	PWRZ	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	1.80	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.72	—	—
Martin ratio: Return relative to average drawdown	4.60	—	—

Drawdowns

OILT vs. PWRZ - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, which is greater than PWRZ's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for OILT and PWRZ.

Drawdown Indicators

	OILT	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-1.21%	-34.00%
Max Drawdown (1Y) Largest decline over 1 year	-20.72%	—	—
Current Drawdown Current decline from peak	-13.06%	-1.02%	-12.04%
Average Drawdown Average peak-to-trough decline	-13.04%	-0.52%	-12.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.72%	—	—

Volatility

Volatility by Period

	OILT	PWRZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.74%	11.53%	+16.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.69%	11.53%	+17.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.69%	11.53%	+17.16%

OILT vs. PWRZ - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than PWRZ's 0.75% expense ratio.

Dividends

OILT vs. PWRZ - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.66%, while PWRZ has not paid dividends to shareholders.

Position	TTM	2025	2024
OILT Texas Capital Texas Oil Index ETF	2.66%	3.12%	2.63%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OILT and PWRZ in my portfolio?

OILT and PWRZ have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OILT or PWRZ?

On fees, OILT is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OILT or PWRZ?

OILT is cheaper with a 0.35% expense ratio, compared with 0.75% for PWRZ.

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

OILT has the higher dividend yield at 2.66%, compared with 0.00% for PWRZ.

What is the main difference between OILT and PWRZ?

They also come from different issuers: Texas Capital and TrueShares. Their fees differ too: 0.35% for OILT and 0.75% for PWRZ.