USOY vs. OILK
Compare and contrast key facts about Defiance Oil Enhanced Options Income ETF (USOY) and ProShares K-1 Free Crude Oil Strategy ETF (OILK).
USOY and OILK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USOY is an actively managed fund by Defiance. It was launched on May 9, 2024. OILK is a passively managed fund by ProShares that tracks the performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. It was launched on Sep 26, 2016.
Performance
USOY vs. OILK - Performance Comparison
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USOY vs. OILK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
USOY Defiance Oil Enhanced Options Income ETF | 60.22% | -7.93% | 7.27% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 46.13% | -11.86% | -2.47% |
Returns By Period
In the year-to-date period, USOY achieves a 60.22% return, which is significantly higher than OILK's 46.13% return.
USOY
- 1D
- -0.54%
- 1M
- 34.04%
- YTD
- 60.22%
- 6M
- 55.39%
- 1Y
- 44.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OILK
- 1D
- -4.10%
- 1M
- 25.62%
- YTD
- 46.13%
- 6M
- 36.81%
- 1Y
- 28.65%
- 3Y*
- 13.30%
- 5Y*
- 17.74%
- 10Y*
- —
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USOY vs. OILK - Expense Ratio Comparison
USOY has a 1.22% expense ratio, which is higher than OILK's 0.68% expense ratio.
Return for Risk
USOY vs. OILK — Risk / Return Rank
USOY
OILK
USOY vs. OILK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Oil Enhanced Options Income ETF (USOY) 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.
| USOY | OILK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 1.00 | +0.76 |
Sortino ratioReturn per unit of downside risk | 2.20 | 1.45 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.19 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 2.91 | 1.86 | +1.05 |
Martin ratioReturn relative to average drawdown | 5.47 | 3.27 | +2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| USOY | OILK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 1.00 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.08 | +1.16 |
Correlation
The correlation between USOY and OILK is 0.91, 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.
Dividends
USOY vs. OILK - Dividend Comparison
USOY's dividend yield for the trailing twelve months is around 64.71%, more than OILK's 2.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USOY Defiance Oil Enhanced Options Income ETF | 64.71% | 104.32% | 48.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OILK ProShares K-1 Free Crude Oil Strategy ETF | 2.67% | 4.79% | 3.11% | 5.80% | 17.32% | 68.82% | 0.13% | 0.94% | 0.58% | 6.17% |
Drawdowns
USOY vs. OILK - Drawdown Comparison
The maximum USOY drawdown since its inception was -17.46%, smaller than the maximum OILK drawdown of -83.76%. Use the drawdown chart below to compare losses from any high point for USOY and OILK.
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Drawdown Indicators
| USOY | OILK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.46% | -83.76% | +66.30% |
Max Drawdown (1Y)Largest decline over 1 year | -15.70% | -17.35% | +1.65% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.69% | — |
Current DrawdownCurrent decline from peak | -0.54% | -12.04% | +11.50% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -33.09% | +26.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 9.86% | -1.52% |
Volatility
USOY vs. OILK - Volatility Comparison
Defiance Oil Enhanced Options Income ETF (USOY) and ProShares K-1 Free Crude Oil Strategy ETF (OILK) have volatilities of 11.94% and 12.23%, 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.
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Volatility by Period
| USOY | OILK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.94% | 12.23% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 18.38% | 20.23% | -1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.35% | 29.05% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.37% | 29.85% | -7.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 35.99% | -13.62% |