OILK vs SPY
ProShares K-1 Free Crude Oil ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, OILK or SPY?
Energy against Large Cap Blend.
SPY has a lower expense ratio. OILK led over 1Y, 5Y and the full window, SPY over 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OILK | SPY |
|---|---|---|
| Expense Ratio | 0.69% | 0.09%Best |
| AUM | $238M | $804.7B |
| Dividend Yield | 10.56% | 0.98% |
| Holdings | 5 | 505 |
| YTD Return | +56.03%Best | +12.47% |
| 1Y Return | +46.24%Best | +17.51% |
| 3Y Return (annualized) | +9.15% | +21.18%Best |
| 5Y Return (annualized) | +15.47%Best | +12.88% |
| Volatility (annualized) | 82.4% | 15.4%Best |
| Max Drawdown | -75.0% | -34.1%Best |
| $10,000 over 5 years | $20,528Best | $18,327 |
| Fund Family | ProShares | State Street Investment Management |
| Category | Commodity | Equity |
| Style | Energy | Large Cap Blend |
| Inception | Sep 26, 2016 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2016 to Sep 11, 2026 (10 years).
OILK vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 10 years both funds cover.
OILK vs SPY Performance
ProShares K-1 Free Crude Oil ETF (OILK) is an ETF from ProShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year OILK returned +46.24% while SPY returned +17.51%. Year to date, OILK is up 56.03% versus a gain of 12.47% for SPY.
Over three years, OILK compounded at +9.15% per year against +21.18% for SPY; over five years the annualized figures are +15.47% and +12.88% respectively. Across the full 10-year window we track, OILK has the edge at +20.71% annualized vs +14.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OILK has been the more volatile fund, with annualized monthly volatility of 82.4% compared with 15.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -75.0% for OILK and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OILK charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, OILK currently yields 10.56% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in OILK and 504 in SPY, totalling 69.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in OILK and 504 in SPY, against full books of 5 and 505.
You are not choosing between two funds in isolation.
Whichever of OILK and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OILK or SPY?
OILK has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, OILK or SPY?
Over the past year OILK returned +46.24% vs +17.51% for SPY, so OILK leads on 1-year performance. Over the longest common window we track (10 years), OILK annualized +20.71% vs +14.35% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OILK or SPY?
OILK has been the more volatile fund at 82.4% annualized versus 15.4% for SPY. Worst drawdown: OILK -75.0% vs SPY -34.1%.
Should I hold both OILK and SPY?
OILK and SPY have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OILK or SPY?
OILK yields 10.56% while SPY yields 0.98%, so OILK currently pays the higher dividend yield.
Is SPY better than OILK?
SPY has a lower expense ratio. OILK led over 1Y, 5Y and the full window, SPY over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.