OILU vs. SQQQ

In the year-to-date period, OILU achieves a -19.29% return, which is significantly higher than SQQQ's -22.94% return.

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Both OILU and SQQQ have an expense ratio of 0.95%.

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and ProShares UltraPro Short QQQ (SQQQ). 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.

The current OILU Sharpe Ratio is -0.64, which is comparable to the SQQQ Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of OILU and SQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

OILU has not paid dividends to shareholders, while SQQQ's dividend yield for the trailing twelve months is around 12.05%.

The maximum OILU drawdown since its inception was -81.00%, smaller than the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for OILU and SQQQ. For additional features, visit the drawdowns tool.

The current volatility for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) is 20.21%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 22.93%. This indicates that OILU experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.