OVL vs OILK

Comparison between OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF) and PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF (OILK, ETF).

5-Year PerformanceOILK has outperformed OVL, delivering a return of +15.7% compared to +13.7%

OVL vs OILK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVL(ETF)	OILK(ETF)
Net Assets	$276M	$276M
Expense Ratio	0.79%	0.69%
Max Drawdown	35.49%	84.03%
Sharpe Ratio	1.59	1.22
5Y Beta	1.11	0.16
5Y Dividends CAGR	28.91%	N/A

Net Assets

Winner

OVL

$276M

OILK

$276M

Expense Ratio

OVL

0.79%

Winner

OILK

0.69%

Max Drawdown

Winner

OVL

35.49%

OILK

84.03%

Sharpe Ratio

Winner

OVL

1.59

OILK

1.22

5Y Beta

OVL

1.11

Winner

OILK

0.16

5Y Dividends CAGR

OVL

28.91%

OILK

N/A

OVL vs OILK - Historical Returns

Returns include dividend reinvestment.

Period	OVL	OILK
1 month	+0.09%	-7.90%
3 months	+12.49%	+5.06%
6 months	+11.22%	+53.62%
1 year	+28.63%	+41.35%
5 years(CAGR)	+13.69%	+15.75%
10 years(CAGR)	N/A	+3.37%
Max(CAGR)	+17.44%	+3.37%

Winner

OVL

+0.09%

OILK

-7.90%

Winner

OVL

+12.49%

OILK

+5.06%

OVL

+11.22%

Winner

OILK

+53.62%

OVL

+28.63%

Winner

OILK

+41.35%

5Y(CAGR)

OVL

+13.69%

Winner

OILK

+15.75%

10Y(CAGR)

OVL

N/A

OILK

+3.37%

Max(CAGR)

Winner

OVL

+17.44%

OILK

+3.37%

OVL vs OILK - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OVL	OILK
2026	+10.50%	+53.45%
2025	+18.52%	-12.89%
2024	+28.94%	+9.38%
2023	+28.57%	+2.25%
2022	-23.37%	+26.17%
2021	+34.48%	+67.11%
2020	+18.56%	-61.08%
2019	+10.84%	+28.32%
2018	N/A	-20.91%
2017	N/A	+5.53%
2016	N/A	+10.07%

OVL vs OILK Drawdown Comparison

The maximum drawdown for OVL was -35.49%, occurring on Mar 20, 2020. Recovery took 118 trading sessions.

The maximum drawdown for OILK was -83.76%, occurring on Apr 28, 2020. Recovery took 1904 trading sessions.

The current OVL drawdown is -3.01%. The current OILK drawdown is -9.94%.

Rank	OVL	OILK
#1	-35.49% Feb 19, 2020 - Aug 6, 2020	-83.76% Oct 3, 2018 - May 4, 2026
#2	-29.24% Jan 3, 2022 - Jan 19, 2024	-26.31% Dec 27, 2016 - Dec 26, 2017
#3	-21.69% Feb 19, 2025 - Jul 3, 2025	-15.71% Oct 10, 2016 - Dec 13, 2016
#4	-10.29% Sep 2, 2020 - Nov 13, 2020	-10.75% Jan 26, 2018 - Mar 23, 2018
#5	-10.10% Jul 16, 2024 - Sep 19, 2024	-10.69% Jun 29, 2018 - Sep 24, 2018
#6	-8.73% Jan 28, 2026 - Apr 14, 2026	-10.57% May 21, 2018 - Jun 28, 2018
#7	-7.39% Mar 28, 2024 - May 15, 2024	-9.94% May 19, 2026 - Jun 12, 2026
#8	-6.38% Oct 29, 2025 - Dec 10, 2025	-7.25% May 4, 2026 - May 15, 2026
#9	-6.28% Sep 3, 2021 - Oct 21, 2021	-4.61% Mar 27, 2018 - Apr 11, 2018
#10	-5.47% Dec 6, 2024 - Jan 23, 2025	-3.33% Dec 13, 2016 - Dec 27, 2016
#11	-5.24% Jun 2, 2026 - Jun 10, 2026	-2.23% Apr 23, 2018 - May 4, 2018
#12	-4.72% Feb 17, 2021 - Mar 11, 2021	-1.73% Oct 6, 2016 - Oct 10, 2016
#13	-4.25% Jan 17, 2020 - Feb 6, 2020	-1.28% Apr 13, 2018 - Apr 18, 2018
#14	-4.15% May 7, 2021 - Jun 4, 2021	-1.26% Jan 17, 2018 - Jan 23, 2018
#15	-3.98% Jan 21, 2021 - Feb 4, 2021	-1.25% Jan 4, 2018 - Jan 8, 2018