Skip to content
← All ETFs
USO

United States Oil Fund

WTI crude oil futures ETF. Subject to significant contango drag — long-term performance trails spot oil. Used for short-term tactical oil exposure.

TER
0.60%
AUM
$1.5B
CAGR
-7.5%
Volatility
40.1%
Max Drawdown
-97.9%
Data Range
2006-04 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-87.2%
Worst DD-97.9%
Worst date2020-04

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return-8.6%
Best52.3%
Worst-38.4%
% positive28%
205 periods

Backtest Data Proxy

Futures-based: subject to significant roll costs and contango drag.

Key Facts

ISIN
US91232N1081
Issuer
Invesco
Benchmark
WTI Light Sweet Crude Oil (front-month futures)
Total Expense Ratio (TER)
0.60%
Assets Under Management
$1.5B approx.
Inception Date
2006-04-10
Domicile
United States
Legal Structure
Limited Partnership
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
N/A

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

General portfolio building block for the asset class it covers.

Key Risks to Consider

No cash flows or dividends — returns depend entirely on price appreciation.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), USCF (metadata)Last verified: 2026-04-17