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

Key characteristics


OILUGUSH
YTD Return25.46%19.70%
1Y Return28.60%49.23%
Sharpe Ratio0.511.03
Daily Std Dev56.43%46.07%
Max Drawdown-65.54%-99.98%
Current Drawdown-48.43%-99.79%

Correlation

-0.50.00.51.00.9

The correlation between OILU and GUSH is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

OILU vs. GUSH - Performance Comparison

In the year-to-date period, OILU achieves a 25.46% return, which is significantly higher than GUSH's 19.70% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%120.00%December2024FebruaryMarchAprilMay
89.77%
43.94%
OILU
GUSH

Compare stocks, funds, or ETFs

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


MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN

Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares

OILU vs. GUSH - Expense Ratio Comparison

OILU has a 0.95% expense ratio, which is lower than GUSH's 1.17% expense ratio.


GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
Expense ratio chart for GUSH: current value at 1.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.17%
Expense ratio chart for OILU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

OILU vs. GUSH - 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 Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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
Sharpe ratio
The chart of Sharpe ratio for OILU, currently valued at 0.51, compared to the broader market0.002.004.000.51
Sortino ratio
The chart of Sortino ratio for OILU, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.0010.001.05
Omega ratio
The chart of Omega ratio for OILU, currently valued at 1.13, compared to the broader market0.501.001.502.002.501.13
Calmar ratio
The chart of Calmar ratio for OILU, currently valued at 0.44, compared to the broader market0.002.004.006.008.0010.0012.0014.000.44
Martin ratio
The chart of Martin ratio for OILU, currently valued at 1.41, compared to the broader market0.0020.0040.0060.0080.001.41
GUSH
Sharpe ratio
The chart of Sharpe ratio for GUSH, currently valued at 1.03, compared to the broader market0.002.004.001.03
Sortino ratio
The chart of Sortino ratio for GUSH, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.0010.001.56
Omega ratio
The chart of Omega ratio for GUSH, currently valued at 1.19, compared to the broader market0.501.001.502.002.501.19
Calmar ratio
The chart of Calmar ratio for GUSH, currently valued at 0.81, compared to the broader market0.002.004.006.008.0010.0012.0014.000.81
Martin ratio
The chart of Martin ratio for GUSH, currently valued at 3.20, compared to the broader market0.0020.0040.0060.0080.003.20

OILU vs. GUSH - Sharpe Ratio Comparison

The current OILU Sharpe Ratio is 0.51, which is lower than the GUSH Sharpe Ratio of 1.03. The chart below compares the 12-month rolling Sharpe Ratio of OILU and GUSH.


Rolling 12-month Sharpe Ratio-0.500.000.501.00December2024FebruaryMarchAprilMay
0.51
1.03
OILU
GUSH

Dividends

OILU vs. GUSH - Dividend Comparison

OILU has not paid dividends to shareholders, while GUSH's dividend yield for the trailing twelve months is around 2.37%.


TTM20232022202120202019201820172016
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%
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
2.37%3.00%0.47%0.00%0.20%1.68%0.17%0.00%3.26%

Drawdowns

OILU vs. GUSH - Drawdown Comparison

The maximum OILU drawdown since its inception was -65.54%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for OILU and GUSH. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%December2024FebruaryMarchAprilMay
-48.43%
-36.02%
OILU
GUSH

Volatility

OILU vs. GUSH - Volatility Comparison

MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has a higher volatility of 14.45% compared to Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) at 12.15%. This indicates that OILU's price experiences larger fluctuations and is considered to be riskier than GUSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%20.00%December2024FebruaryMarchAprilMay
14.45%
12.15%
OILU
GUSH