PortfolioMetrics

OILD vs. SCO - ETF Comparison

OILD - MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN provides inverse exposure to the oil and gas exploration and production sector, allowing investors to potentially benefit from declining prices in the industry.

SCO - ProShares UltraShort Bloomberg Crude Oil

The ProShares UltraShort Bloomberg Crude Oil ETF provides inverse exposure to the performance of crude oil, offering a 2x daily short leverage to the Bloomberg Commodity Balanced WTI Crude Oil Index. This fund is designed for sophisticated investors with a bearish short-term outlook for crude oil, but may not be suitable for those with a low risk tolerance or a buy-and-hold strategy.

OILDSCO
Fund NameMicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNProShares UltraShort Bloomberg Crude Oil
Fund ProviderBMO Financial GroupProshare Advisors LLC
IndexSolactive MicroSectors Oil & Gas Exploration & Production Index (-300%)Bloomberg Commodity Balanced WTI Crude Oil Index (-200%)
Asset ClassCommodityCommodity
ListingUS-listedUS-listed
Expense Ratio0.95%0.95%
Inception Date2021-11-082008-11-24
Number Of Holdings21
CurrencyUSDUSD
RegionGlobalGlobal
SectorEnergyEnergy
Sector DetailOil & GasCrude Oil
LeveragedLeveragedLeveraged
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Key Metrics

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Performance Metrics

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Risk Metrics

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Detailed Returns

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Benchmark Comparison

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Key Metrics

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Performance Metrics

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Risk Metrics

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Detailed Returns

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Benchmark Comparison

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Performance Analysis

The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.

Cumulative Returns

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End of Year Returns Table

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End of Year Returns

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Risk Analysis

The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.

Drawdowns

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Drawdowns Table

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Monte Carlo Simulation

The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.

IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.

Monte Carlo Metrics

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Simulated Portfolio Prices

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