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.
Key characteristics
| OILU | FRO | |
|---|---|---|
| YTD Return | 4.18% | 5.58% |
| 1Y Return | -0.95% | -1.19% |
| 3Y Return (Ann) | 15.91% | 47.27% |
| Sharpe Ratio | -0.03 | 0.00 |
| Sortino Ratio | 0.34 | 0.28 |
| Omega Ratio | 1.04 | 1.03 |
| Calmar Ratio | -0.02 | 0.00 |
| Martin Ratio | -0.06 | 0.00 |
| Ulcer Index | 24.04% | 13.37% |
| Daily Std Dev | 54.67% | 37.99% |
| Max Drawdown | -67.43% | -98.40% |
| Current Drawdown | -57.18% | -87.20% |
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
In the year-to-date period, OILU achieves a 4.18% return, which is significantly lower than FRO's 5.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 9.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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. | 9.66% | 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 -67.43%, 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) has a higher volatility of 15.69% compared to Frontline Ltd. (FRO) at 9.32%. This indicates that OILU's price experiences larger fluctuations and is considered to be riskier than FRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.