WTIU vs. OILU
Compare and contrast key facts about MicroSectors Energy 3X Leveraged ETN (WTIU) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU).
WTIU and OILU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. OILU is managed by BMO Financial Group. It was launched on Mar 24, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTIU or OILU.
Correlation
The correlation between WTIU and OILU is 0.22, 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.
Performance
WTIU vs. OILU - Performance Comparison
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Key characteristics
WTIU:
-0.47
OILU:
-0.72
WTIU:
-0.09
OILU:
-0.77
WTIU:
0.99
OILU:
0.89
WTIU:
-0.80
OILU:
-0.67
WTIU:
-1.54
OILU:
-1.70
WTIU:
39.58%
OILU:
32.13%
WTIU:
131.79%
OILU:
77.32%
WTIU:
-76.28%
OILU:
-81.00%
WTIU:
-68.45%
OILU:
-76.41%
Returns By Period
In the year-to-date period, WTIU achieves a -19.65% return, which is significantly higher than OILU's -26.76% return.
WTIU
-19.65%
28.33%
-44.34%
-61.30%
N/A
N/A
OILU
-26.76%
24.15%
-42.81%
-54.70%
N/A
N/A
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WTIU vs. OILU - Expense Ratio Comparison
Both WTIU and OILU have an expense ratio of 0.95%.
Risk-Adjusted Performance
WTIU vs. OILU — Risk-Adjusted Performance Rank
WTIU
OILU
WTIU vs. OILU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). 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.
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Dividends
WTIU vs. OILU - Dividend Comparison
Neither WTIU nor OILU has paid dividends to shareholders.
Drawdowns
WTIU vs. OILU - Drawdown Comparison
The maximum WTIU drawdown since its inception was -76.28%, smaller than the maximum OILU drawdown of -81.00%. Use the drawdown chart below to compare losses from any high point for WTIU and OILU. For additional features, visit the drawdowns tool.
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Volatility
WTIU vs. OILU - Volatility Comparison
The current volatility for MicroSectors Energy 3X Leveraged ETN (WTIU) is 28.05%, while MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has a volatility of 31.20%. This indicates that WTIU experiences smaller price fluctuations and is considered to be less risky than OILU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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