OILU vs. WTIU
Compare and contrast key facts about MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and MicroSectors Energy 3X Leveraged ETN (WTIU).
OILU and WTIU 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. WTIU is a passively managed fund by REX Microsectors that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OILU or WTIU.
Correlation
The correlation between OILU and WTIU 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. WTIU - Performance Comparison
Key characteristics
OILU:
0.37
WTIU:
0.04
OILU:
0.83
WTIU:
0.68
OILU:
1.11
WTIU:
1.10
OILU:
0.28
WTIU:
0.05
OILU:
0.70
WTIU:
0.10
OILU:
28.67%
WTIU:
35.13%
OILU:
54.26%
WTIU:
83.66%
OILU:
-71.54%
WTIU:
-67.44%
OILU:
-57.83%
WTIU:
-46.24%
Returns By Period
In the year-to-date period, OILU achieves a 30.93% return, which is significantly lower than WTIU's 36.92% return.
OILU
30.93%
44.56%
-9.48%
20.03%
N/A
N/A
WTIU
36.92%
39.76%
-21.61%
2.72%
N/A
N/A
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. WTIU - Expense Ratio Comparison
Both OILU and WTIU have an expense ratio of 0.95%.
Risk-Adjusted Performance
OILU vs. WTIU — Risk-Adjusted Performance Rank
OILU
WTIU
OILU vs. WTIU - 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 MicroSectors Energy 3X Leveraged ETN (WTIU). 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. WTIU - Dividend Comparison
Neither OILU nor WTIU has paid dividends to shareholders.
Drawdowns
OILU vs. WTIU - Drawdown Comparison
The maximum OILU drawdown since its inception was -71.54%, which is greater than WTIU's maximum drawdown of -67.44%. Use the drawdown chart below to compare losses from any high point for OILU and WTIU. For additional features, visit the drawdowns tool.
Volatility
OILU vs. WTIU - Volatility Comparison
The current volatility for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) is 14.30%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 66.39%. This indicates that OILU experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.