OILU vs. UCO
Compare and contrast key facts about MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and ProShares Ultra Bloomberg Crude Oil (UCO).
OILU and UCO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OILU is managed by BMO Financial Group. It was launched on Mar 24, 2017. UCO is a passively managed fund by ProShares that tracks the performance of the Dow Jones-UBS Crude Oil Sub-Index (200%). It was launched on Nov 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILU or UCO.
Key characteristics
| OILU | UCO | |
|---|---|---|
| YTD Return | 4.18% | -2.49% |
| 1Y Return | -0.95% | -14.40% |
| 3Y Return (Ann) | 15.91% | 2.83% |
| Sharpe Ratio | -0.03 | -0.35 |
| Sortino Ratio | 0.34 | -0.19 |
| Omega Ratio | 1.04 | 0.98 |
| Calmar Ratio | -0.02 | -0.16 |
| Martin Ratio | -0.06 | -1.10 |
| Ulcer Index | 24.04% | 14.88% |
| Daily Std Dev | 54.67% | 47.48% |
| Max Drawdown | -67.43% | -99.95% |
| Current Drawdown | -57.18% | -99.59% |
Correlation
The correlation between OILU and UCO is 0.65, 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. UCO - Performance Comparison
In the year-to-date period, OILU achieves a 4.18% return, which is significantly higher than UCO's -2.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OILU vs. UCO - Expense Ratio Comparison
Both OILU and UCO have an expense ratio of 0.95%.
Risk-Adjusted Performance
OILU vs. UCO - 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 ProShares Ultra Bloomberg Crude Oil (UCO). 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. UCO - Dividend Comparison
Neither OILU nor UCO has paid dividends to shareholders.
Drawdowns
OILU vs. UCO - Drawdown Comparison
The maximum OILU drawdown since its inception was -67.43%, smaller than the maximum UCO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for OILU and UCO. For additional features, visit the drawdowns tool.
Volatility
OILU vs. UCO - Volatility Comparison
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and ProShares Ultra Bloomberg Crude Oil (UCO) have volatilities of 15.69% and 16.13%, 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.