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USOI vs. OILK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


USOIOILK
YTD Return12.19%11.19%
1Y Return19.44%21.87%
3Y Return (Ann)18.49%20.38%
5Y Return (Ann)-8.22%-2.40%
Sharpe Ratio0.610.65
Daily Std Dev21.92%24.72%
Max Drawdown-77.42%-83.76%
Current Drawdown-44.62%-29.82%

Correlation

-0.50.00.51.00.8

The correlation between USOI and OILK is 0.80, 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

USOI vs. OILK - Performance Comparison

In the year-to-date period, USOI achieves a 12.19% return, which is significantly higher than OILK's 11.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%December2024FebruaryMarchAprilMay
-15.43%
8.61%
USOI
OILK

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Credit Suisse X-Links Crude Oil Shares Covered Call ETN

ProShares K-1 Free Crude Oil Strategy ETF

USOI vs. OILK - Expense Ratio Comparison

USOI has a 0.85% expense ratio, which is higher than OILK's 0.68% expense ratio.


USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Expense ratio chart for USOI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for OILK: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

USOI vs. OILK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) and ProShares K-1 Free Crude Oil Strategy ETF (OILK). 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.


USOI
Sharpe ratio
The chart of Sharpe ratio for USOI, currently valued at 0.61, compared to the broader market-1.000.001.002.003.004.005.000.61
Sortino ratio
The chart of Sortino ratio for USOI, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.000.93
Omega ratio
The chart of Omega ratio for USOI, currently valued at 1.12, compared to the broader market0.501.001.502.002.501.12
Calmar ratio
The chart of Calmar ratio for USOI, currently valued at 0.24, compared to the broader market0.002.004.006.008.0010.0012.000.24
Martin ratio
The chart of Martin ratio for USOI, currently valued at 2.10, compared to the broader market0.0020.0040.0060.002.10
OILK
Sharpe ratio
The chart of Sharpe ratio for OILK, currently valued at 0.65, compared to the broader market-1.000.001.002.003.004.005.000.65
Sortino ratio
The chart of Sortino ratio for OILK, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.001.00
Omega ratio
The chart of Omega ratio for OILK, currently valued at 1.12, compared to the broader market0.501.001.502.002.501.12
Calmar ratio
The chart of Calmar ratio for OILK, currently valued at 0.36, compared to the broader market0.002.004.006.008.0010.0012.000.36
Martin ratio
The chart of Martin ratio for OILK, currently valued at 2.37, compared to the broader market0.0020.0040.0060.002.37

USOI vs. OILK - Sharpe Ratio Comparison

The current USOI Sharpe Ratio is 0.61, which roughly equals the OILK Sharpe Ratio of 0.65. The chart below compares the 12-month rolling Sharpe Ratio of USOI and OILK.


Rolling 12-month Sharpe Ratio0.000.501.001.50December2024FebruaryMarchAprilMay
0.61
0.65
USOI
OILK

Dividends

USOI vs. OILK - Dividend Comparison

USOI's dividend yield for the trailing twelve months is around 21.12%, more than OILK's 5.73% yield.


TTM2023202220212020201920182017
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
21.12%26.72%42.76%20.49%67.99%17.12%13.08%6.31%
OILK
ProShares K-1 Free Crude Oil Strategy ETF
5.73%5.80%17.31%68.82%0.11%0.94%0.58%6.17%

Drawdowns

USOI vs. OILK - Drawdown Comparison

The maximum USOI drawdown since its inception was -77.42%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for USOI and OILK. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%December2024FebruaryMarchAprilMay
-44.62%
-29.82%
USOI
OILK

Volatility

USOI vs. OILK - Volatility Comparison

Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) and ProShares K-1 Free Crude Oil Strategy ETF (OILK) have volatilities of 4.77% and 4.66%, 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.


2.00%4.00%6.00%8.00%10.00%December2024FebruaryMarchAprilMay
4.77%
4.66%
USOI
OILK