WTIU vs. OILU

Last updated Apr 2, 2026

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 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. It was launched on Mar 24, 2017.

Performance

WTIU vs. OILU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy 3X Leveraged ETN (WTIU) and MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU). The values are adjusted to include any dividend payments, if applicable.

WTIU vs. OILU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTIU MicroSectors Energy 3X Leveraged ETN	113.23%	-17.13%	-29.63%	-28.42%
OILU MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	112.51%	-16.50%	-21.65%	-29.40%

Returns By Period

The year-to-date returns for both stocks are quite close, with WTIU having a 113.23% return and OILU slightly lower at 112.51%.

WTIU

• 1D: -11.84%
• 1M: 17.12%
• YTD: 113.23%
• 6M: 89.84%
• 1Y: 46.84%
• 3Y*: 2.42%
• 5Y*: —
• 10Y*: —

OILU

• 1D: -10.60%
• 1M: 12.27%
• YTD: 112.51%
• 6M: 100.08%
• 1Y: 45.27%
• 3Y*: 7.13%
• 5Y*: —
• 10Y*: —

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

WTIU vs. OILU - Expense Ratio Comparison

Both WTIU and OILU have an expense ratio of 0.95%.

WTIU

MicroSectors Energy 3X Leveraged ETN

OILU

MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN

Return for Risk

WTIU vs. OILU — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 34
WTIU Sharpe Ratio Rank: 29
WTIU Sortino Ratio Rank: 42
WTIU Omega Ratio Rank: 43
WTIU Calmar Ratio Rank: 35
WTIU Martin Ratio Rank: 23

OILU

OILU Risk / Return Rank: 34
OILU Sharpe Ratio Rank: 30
OILU Sortino Ratio Rank: 40
OILU Omega Ratio Rank: 42
OILU Calmar Ratio Rank: 34
OILU Martin Ratio Rank: 23

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.

WTIU vs. OILU - Risk-Adjusted Trends 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.

	WTIU	OILU	Difference
Sharpe ratio Return per unit of total volatility	0.58	0.59	-0.01
Sortino ratio Return per unit of downside risk	1.22	1.19	+0.03
Omega ratio Gain probability vs. loss probability	1.18	1.17	0.00
Calmar ratio Return relative to maximum drawdown	0.92	0.91	+0.01
Martin ratio Return relative to average drawdown	1.71	1.54	+0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTIU vs. OILU - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 0.58, which is comparable to the OILU Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of WTIU and OILU, 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

	WTIU	OILU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.58	0.59	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.20	-0.25

Correlation

The correlation between WTIU and OILU is 0.98, 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

WTIU vs. OILU - Dividend Comparison

Neither WTIU nor OILU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WTIU vs. OILU - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, 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.

Drawdown Indicators

	WTIU	OILU	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-81.00%	+5.27%
Max Drawdown (1Y) Largest decline over 1 year	-53.11%	-52.04%	-1.07%
Current Drawdown Current decline from peak	-24.42%	-42.85%	+18.43%
Average Drawdown Average peak-to-trough decline	-39.49%	-50.72%	+11.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.53%	30.74%	-2.21%

Volatility

WTIU vs. OILU - Volatility Comparison

MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 22.50% compared to MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) at 19.90%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than OILU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	OILU	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.50%	19.90%	+2.60%
Volatility (6M) Calculated over the trailing 6-month period	46.56%	43.84%	+2.72%
Volatility (1Y) Calculated over the trailing 1-year period	81.69%	77.03%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.54%	81.31%	-11.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.54%	81.31%	-11.77%