PRT vs. CL=F

Last updated Apr 2, 2026

Compare and contrast key facts about PermRock Royalty Trust (PRT) and Crude Oil WTI (CL=F).

Performance

PRT vs. CL=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PermRock Royalty Trust (PRT) and Crude Oil WTI (CL=F). The values are adjusted to include any dividend payments, if applicable.

PRT vs. CL=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PRT PermRock Royalty Trust	16.54%	-12.79%	-11.58%	-37.64%	24.09%	194.55%	-49.26%	-0.27%	-57.76%
CL=F Crude Oil WTI	72.26%	-19.41%	-0.82%	-10.70%	7.44%	53.98%	-19.98%	32.92%	-32.54%

Returns By Period

In the year-to-date period, PRT achieves a 16.54% return, which is significantly lower than CL=F's 72.26% return.

PRT

• 1D: -2.42%
• 1M: -8.18%
• YTD: 16.54%
• 6M: -16.37%
• 1Y: -18.51%
• 3Y*: -15.40%
• 5Y*: -2.54%
• 10Y*: —

CL=F

• 1D: -2.44%
• 1M: 38.86%
• YTD: 72.26%
• 6M: 60.10%
• 1Y: 38.92%
• 3Y*: 9.28%
• 5Y*: 9.98%
• 10Y*: 10.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PRT vs. CL=F — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRT

PRT Risk / Return Rank: 15
PRT Sharpe Ratio Rank: 16
PRT Sortino Ratio Rank: 17
PRT Omega Ratio Rank: 17
PRT Calmar Ratio Rank: 23
PRT Martin Ratio Rank: 5

CL=F

CL=F Risk / Return Rank: 29
CL=F Sharpe Ratio Rank: 29
CL=F Sortino Ratio Rank: 39
CL=F Omega Ratio Rank: 22
CL=F Calmar Ratio Rank: 37
CL=F Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRT vs. CL=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PermRock Royalty Trust (PRT) and Crude Oil WTI (CL=F). 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.

	PRT	CL=F	Difference
Sharpe ratio Return per unit of total volatility	-0.57	0.83	-1.40
Sortino ratio Return per unit of downside risk	-0.61	1.35	-1.96
Omega ratio Gain probability vs. loss probability	0.92	1.18	-0.27
Calmar ratio Return relative to maximum drawdown	-0.54	2.08	-2.63
Martin ratio Return relative to average drawdown	-1.67	3.45	-5.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRT vs. CL=F - Sharpe Ratio Comparison

The current PRT Sharpe Ratio is -0.57, which is lower than the CL=F Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of PRT and CL=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRT	CL=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	0.83	-1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.26	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.07	-0.23

Correlation

The correlation between PRT and CL=F is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

PRT vs. CL=F - Drawdown Comparison

The maximum PRT drawdown since its inception was -91.42%, roughly equal to the maximum CL=F drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for PRT and CL=F.

Drawdown Indicators

	PRT	CL=F	Difference
Max Drawdown Largest peak-to-trough decline	-91.42%	-92.04%	+0.62%
Max Drawdown (1Y) Largest decline over 1 year	-35.09%	-27.07%	-8.02%
Max Drawdown (5Y) Largest decline over 5 years	-64.06%	-53.86%	-10.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.82%	—
Current Drawdown Current decline from peak	-60.00%	-31.92%	-28.08%
Average Drawdown Average peak-to-trough decline	-48.54%	-40.84%	-7.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.45%	16.32%	-4.87%

Volatility

PRT vs. CL=F - Volatility Comparison

The current volatility for PermRock Royalty Trust (PRT) is 10.15%, while Crude Oil WTI (CL=F) has a volatility of 27.34%. This indicates that PRT experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRT	CL=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.15%	27.34%	-17.19%
Volatility (6M) Calculated over the trailing 6-month period	27.06%	33.40%	-6.34%
Volatility (1Y) Calculated over the trailing 1-year period	32.65%	41.12%	-8.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.46%	36.54%	+3.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.51%	48.71%	+11.80%