OILU vs. FRO
Compare and contrast key facts about MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and Frontline Ltd. (FRO).
OILU is managed by BMO Financial Group. It was launched on Mar 24, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILU or FRO.
Correlation
The correlation between OILU and FRO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OILU vs. FRO - Performance Comparison
Key characteristics
OILU:
-0.54
FRO:
-0.66
OILU:
-0.49
FRO:
-0.81
OILU:
0.94
FRO:
0.91
OILU:
-0.42
FRO:
-0.29
OILU:
-1.14
FRO:
-1.50
OILU:
26.31%
FRO:
17.79%
OILU:
54.89%
FRO:
40.15%
OILU:
-70.50%
FRO:
-98.40%
OILU:
-70.50%
FRO:
-90.87%
Returns By Period
In the year-to-date period, OILU achieves a -28.24% return, which is significantly lower than FRO's -24.72% return.
OILU
-28.24%
-33.14%
-30.99%
-32.57%
N/A
N/A
FRO
-24.72%
-30.11%
-41.26%
-26.94%
12.86%
7.44%
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Risk-Adjusted Performance
OILU vs. FRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and Frontline Ltd. (FRO). 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.
Dividends
OILU vs. FRO - Dividend Comparison
OILU has not paid dividends to shareholders, while FRO's dividend yield for the trailing twelve months is around 14.15%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frontline Ltd. | 14.15% | 14.31% | 1.24% | 0.00% | 25.72% | 0.78% | 0.00% | 6.54% | 14.77% | 1.67% |
Drawdowns
OILU vs. FRO - Drawdown Comparison
The maximum OILU drawdown since its inception was -70.50%, smaller than the maximum FRO drawdown of -98.40%. Use the drawdown chart below to compare losses from any high point for OILU and FRO. For additional features, visit the drawdowns tool.
Volatility
OILU vs. FRO - Volatility Comparison
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and Frontline Ltd. (FRO) have volatilities of 15.65% and 15.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.