WTIU vs. USO
Compare and contrast key facts about MicroSectors Energy 3X Leveraged ETN (WTIU) and United States Oil Fund LP (USO).
WTIU and USO 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. USO is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Light Sweet Crude Oil. It was launched on Apr 10, 2006. Both WTIU and USO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTIU or USO.
Correlation
The correlation between WTIU and USO is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WTIU vs. USO - Performance Comparison
Key characteristics
WTIU:
0.04
USO:
0.80
WTIU:
0.68
USO:
1.26
WTIU:
1.10
USO:
1.15
WTIU:
0.05
USO:
0.23
WTIU:
0.10
USO:
2.52
WTIU:
35.13%
USO:
8.52%
WTIU:
83.66%
USO:
26.78%
WTIU:
-67.44%
USO:
-98.19%
WTIU:
-46.24%
USO:
-91.22%
Returns By Period
In the year-to-date period, WTIU achieves a 36.92% return, which is significantly higher than USO's 9.23% return.
WTIU
36.92%
39.76%
-21.61%
2.72%
N/A
N/A
USO
9.23%
12.89%
6.31%
19.91%
-2.83%
-4.89%
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WTIU vs. USO - Expense Ratio Comparison
WTIU has a 0.95% expense ratio, which is higher than USO's 0.79% expense ratio.
Risk-Adjusted Performance
WTIU vs. USO — Risk-Adjusted Performance Rank
WTIU
USO
WTIU vs. USO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and United States Oil Fund LP (USO). 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.
Dividends
WTIU vs. USO - Dividend Comparison
Neither WTIU nor USO has paid dividends to shareholders.
Drawdowns
WTIU vs. USO - Drawdown Comparison
The maximum WTIU drawdown since its inception was -67.44%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for WTIU and USO. For additional features, visit the drawdowns tool.
Volatility
WTIU vs. USO - Volatility Comparison
MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 66.39% compared to United States Oil Fund LP (USO) at 6.69%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.