OILU.TO vs. SOXU.TO

Last updated Jun 4, 2026

OILU.TO (SavvyLong Geared Crude Oil ETF) and SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) are both exchange-traded funds - OILU.TO is a Leveraged Commodities fund tracking the Solactive Crude Oil Rolling Futures Index, while SOXU.TO is a Leveraged Equities fund tracking the Solactive US Semiconductor 30 Capped Index. Both are passively managed. Over the past year, OILU.TO returned 217.79% vs 1567.59% for SOXU.TO. At a correlation of -0.24, they often move in opposite directions. OILU.TO charges 1.25%/yr vs 1.81%/yr for SOXU.TO.

Performance

OILU.TO vs. SOXU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in SavvyLong Geared Crude Oil ETF (OILU.TO) and MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILU.TO achieves a 256.16% return, which is significantly lower than SOXU.TO's 538.96% return.

OILU.TO

• 1D: 5.52%
• 1M: -10.34%
• YTD: 256.16%
• 6M: 230.57%
• 1Y: 217.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXU.TO

• 1D: 5.63%
• 1M: 123.65%
• YTD: 538.96%
• 6M: 517.85%
• 1Y: 1,567.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILU.TO vs. SOXU.TO - Yearly Performance Comparison

	2026 (YTD)	2025
OILU.TO SavvyLong Geared Crude Oil ETF	256.16%	-5.11%
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF	538.96%	169.76%

Correlation

The correlation between OILU.TO and SOXU.TO is -0.25, 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	-0.25
Correlation (All Time) Calculated using the full available price history since May 26, 2025	-0.24

Return for Risk

OILU.TO vs. SOXU.TO — Risk / Return Rank

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

OILU.TO

OILU.TO Risk / Return Rank: 71
OILU.TO Sharpe Ratio Rank: 77
OILU.TO Sortino Ratio Rank: 60
OILU.TO Omega Ratio Rank: 75
OILU.TO Calmar Ratio Rank: 89
OILU.TO Martin Ratio Rank: 56

SOXU.TO

SOXU.TO Risk / Return Rank: 98
SOXU.TO Sharpe Ratio Rank: 100
SOXU.TO Sortino Ratio Rank: 96
SOXU.TO Omega Ratio Rank: 95
SOXU.TO Calmar Ratio Rank: 99
SOXU.TO Martin Ratio Rank: 99

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.

OILU.TO vs. SOXU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SavvyLong Geared Crude Oil ETF (OILU.TO) and MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO). 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.

	OILU.TO	SOXU.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.47	15.58	-13.12
Sortino ratio: Return per unit of downside risk	2.78	5.37	-2.59
Omega ratio: Gain probability vs. loss probability	1.44	1.75	-0.30
Calmar ratio: Return relative to maximum drawdown	5.42	37.08	-31.66
Martin ratio: Return relative to average drawdown	9.57	124.73	-115.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OILU.TO vs. SOXU.TO - Sharpe Ratio Comparison

The current OILU.TO Sharpe Ratio is 2.47, which is lower than the SOXU.TO Sharpe Ratio of 15.58. The chart below compares the historical Sharpe Ratios of OILU.TO and SOXU.TO, 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

	OILU.TO	SOXU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	15.58	-13.12
Sharpe Ratio (All Time) Calculated using the full available price history	1.19	14.98	-13.79

Drawdowns

OILU.TO vs. SOXU.TO - Drawdown Comparison

The maximum OILU.TO drawdown since its inception was -49.16%, which is greater than SOXU.TO's maximum drawdown of -42.78%. Use the drawdown chart below to compare losses from any high point for OILU.TO and SOXU.TO.

Drawdown Indicators

	OILU.TO	SOXU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-49.16%	-42.78%	-6.38%
Max Drawdown (1Y) Largest decline over 1 year	-40.44%	-42.78%	+2.34%
Current Drawdown Current decline from peak	-15.93%	0.00%	-15.93%
Average Drawdown Average peak-to-trough decline	-26.95%	-8.28%	-18.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.86%	12.69%	+10.17%

Volatility

OILU.TO vs. SOXU.TO - Volatility Comparison

The current volatility for SavvyLong Geared Crude Oil ETF (OILU.TO) is 33.99%, while MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) has a volatility of 40.22%. This indicates that OILU.TO experiences smaller price fluctuations and is considered to be less risky than SOXU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILU.TO	SOXU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.99%	40.22%	-6.23%
Volatility (6M) Calculated over the trailing 6-month period	79.18%	81.21%	-2.03%
Volatility (1Y) Calculated over the trailing 1-year period	88.88%	101.81%	-12.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.96%	101.21%	-20.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.96%	101.21%	-20.25%

OILU.TO vs. SOXU.TO - Expense Ratio Comparison

OILU.TO has a 1.25% expense ratio, which is lower than SOXU.TO's 1.81% expense ratio.

Dividends

OILU.TO vs. SOXU.TO - Dividend Comparison

Neither OILU.TO nor SOXU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OILU.TO and SOXU.TO in my portfolio?

OILU.TO and SOXU.TO have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OILU.TO or SOXU.TO?

On fees, OILU.TO is cheaper at 1.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OILU.TO or SOXU.TO?

OILU.TO is cheaper with a 1.25% expense ratio, compared with 1.81% for SOXU.TO.

What is the main difference between OILU.TO and SOXU.TO?

OILU.TO is categorized as Leveraged Commodities, while SOXU.TO is Leveraged Equities. OILU.TO tracks Solactive Crude Oil Rolling Futures Index, while SOXU.TO tracks Solactive US Semiconductor 30 Capped Index. Their fees differ too: 1.25% for OILU.TO and 1.81% for SOXU.TO.