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OILU vs. FRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

OILU vs. FRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and Frontline Ltd. (FRO). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
8.55%
114.16%
OILU
FRO

Key characteristics

Sharpe Ratio

OILU:

-0.54

FRO:

-0.66

Sortino Ratio

OILU:

-0.49

FRO:

-0.81

Omega Ratio

OILU:

0.94

FRO:

0.91

Calmar Ratio

OILU:

-0.42

FRO:

-0.29

Martin Ratio

OILU:

-1.14

FRO:

-1.50

Ulcer Index

OILU:

26.31%

FRO:

17.79%

Daily Std Dev

OILU:

54.89%

FRO:

40.15%

Max Drawdown

OILU:

-70.50%

FRO:

-98.40%

Current Drawdown

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

YTD

-28.24%

1M

-33.14%

6M

-30.99%

1Y

-32.57%

5Y*

N/A

10Y*

N/A

FRO

YTD

-24.72%

1M

-30.11%

6M

-41.26%

1Y

-26.94%

5Y*

12.86%

10Y*

7.44%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for OILU, currently valued at -0.54, compared to the broader market0.002.004.00-0.54-0.66
The chart of Sortino ratio for OILU, currently valued at -0.49, compared to the broader market-2.000.002.004.006.008.0010.00-0.49-0.81
The chart of Omega ratio for OILU, currently valued at 0.94, compared to the broader market0.501.001.502.002.503.000.940.91
The chart of Calmar ratio for OILU, currently valued at -0.42, compared to the broader market0.005.0010.0015.00-0.42-0.54
The chart of Martin ratio for OILU, currently valued at -1.14, compared to the broader market0.0020.0040.0060.0080.00100.00-1.14-1.50
OILU
FRO

The current OILU Sharpe Ratio is -0.54, which is comparable to the FRO Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of OILU and FRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.54
-0.66
OILU
FRO

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%.


TTM202320222021202020192018201720162015
OILU
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%
FRO
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.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-70.50%
-49.14%
OILU
FRO

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.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
15.65%
15.45%
OILU
FRO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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