OILU vs. USO
Compare and contrast key facts about MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and United States Oil Fund LP (USO).
OILU and USO 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. USO is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Light Sweet Crude Oil. It was launched on Apr 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILU or USO.
Key characteristics
| OILU | USO | |
|---|---|---|
| YTD Return | 4.18% | 6.96% |
| 1Y Return | -0.95% | -0.07% |
| 3Y Return (Ann) | 15.91% | 8.36% |
| Sharpe Ratio | -0.03 | -0.07 |
| Sortino Ratio | 0.34 | 0.10 |
| Omega Ratio | 1.04 | 1.01 |
| Calmar Ratio | -0.02 | -0.02 |
| Martin Ratio | -0.06 | -0.25 |
| Ulcer Index | 24.04% | 7.83% |
| Daily Std Dev | 54.67% | 28.26% |
| Max Drawdown | -67.43% | -98.19% |
| Current Drawdown | -57.18% | -92.41% |
Correlation
The correlation between OILU and USO is 0.64, 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. USO - Performance Comparison
In the year-to-date period, OILU achieves a 4.18% return, which is significantly lower than USO's 6.96% 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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OILU vs. USO - Expense Ratio Comparison
OILU has a 0.95% expense ratio, which is higher than USO's 0.79% expense ratio.
Risk-Adjusted Performance
OILU vs. USO - 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 United States Oil Fund LP (USO). 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. USO - Dividend Comparison
Neither OILU nor USO has paid dividends to shareholders.
Drawdowns
OILU vs. USO - Drawdown Comparison
The maximum OILU drawdown since its inception was -67.43%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for OILU and USO. For additional features, visit the drawdowns tool.
Volatility
OILU vs. USO - Volatility Comparison
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has a higher volatility of 15.69% compared to United States Oil Fund LP (USO) at 9.17%. This indicates that OILU's price experiences larger fluctuations and is considered to be riskier than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.