PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
WTIU vs. OILU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WTIU and OILU is 0.96, 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.


-0.50.00.51.01.0

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.

-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-54.70%
-49.89%
WTIU
OILU

Key characteristics

Sharpe Ratio

WTIU:

-0.67

OILU:

-0.56

Sortino Ratio

WTIU:

-0.74

OILU:

-0.52

Omega Ratio

WTIU:

0.91

OILU:

0.94

Calmar Ratio

WTIU:

-0.63

OILU:

-0.43

Martin Ratio

WTIU:

-1.23

OILU:

-1.15

Ulcer Index

WTIU:

31.69%

OILU:

26.73%

Daily Std Dev

WTIU:

57.91%

OILU:

54.79%

Max Drawdown

WTIU:

-61.53%

OILU:

-71.54%

Current Drawdown

WTIU:

-61.53%

OILU:

-70.83%

Returns By Period

In the year-to-date period, WTIU achieves a -36.71% return, which is significantly lower than OILU's -29.03% return.


WTIU

YTD

-36.71%

1M

-37.19%

6M

-42.41%

1Y

-39.85%

5Y*

N/A

10Y*

N/A

OILU

YTD

-29.03%

1M

-34.61%

6M

-33.48%

1Y

-31.52%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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


WTIU vs. OILU - Expense Ratio Comparison

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


WTIU
MicroSectors Energy 3X Leveraged ETN
Expense ratio chart for WTIU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for OILU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for WTIU, currently valued at -0.67, compared to the broader market0.002.004.00-0.67-0.56
The chart of Sortino ratio for WTIU, currently valued at -0.74, compared to the broader market-2.000.002.004.006.008.0010.00-0.74-0.52
The chart of Omega ratio for WTIU, currently valued at 0.91, compared to the broader market0.501.001.502.002.503.000.910.94
The chart of Calmar ratio for WTIU, currently valued at -0.63, compared to the broader market0.005.0010.0015.00-0.63-0.57
The chart of Martin ratio for WTIU, currently valued at -1.23, compared to the broader market0.0020.0040.0060.0080.00100.00-1.23-1.15
WTIU
OILU

The current WTIU Sharpe Ratio is -0.67, which is comparable to the OILU Sharpe Ratio of -0.56. 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.


Rolling 12-month Sharpe Ratio-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.67
-0.56
WTIU
OILU

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 -61.53%, smaller than the maximum OILU drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for WTIU and OILU. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-61.53%
-52.55%
WTIU
OILU

Volatility

WTIU vs. OILU - Volatility Comparison

MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 20.67% compared to MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) at 15.50%. 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.


12.00%14.00%16.00%18.00%20.00%22.00%JulyAugustSeptemberOctoberNovemberDecember
20.67%
15.50%
WTIU
OILU
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab