USL
United States 12 Month Oil Fund LP

Price: $36.59
Change: $0.0 (0.0%)
Category: Oil & Gas
Last Updated:

Vitals

Issuer Marygold
Structure Commodity Pool
Expense Ratio 0.85%
ETF Home Page Home page
Inception Dec 06, 2007

Analyst Report

This fund offers exposure to one of the world’s most important commodities, oil, and potentially has appeal as an inflation hedge. Unlike many commodity products USL diversifies across multiple maturities, potentially eliminating the adverse impact of contango.

ETF Database Themes

Category Oil & Gas
Asset Class Commodity
Commodity Type Energy
Commodity Crude Oil
Commodity Exposure Futures-Based

FactSet Classifications

Segment Commodities: Energy Crude Oil
Category Energy
Focus Crude Oil
Niche Laddered
Strategy Laddered
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $34.01
  • 52 Week Hi $42.10
  • AUM $51.2 M
  • Shares 1.4 M

Historical Trading Data

  • 1 Month Avg. Volume 7,987
  • 3 Month Avg. Volume 8,603

Alternative ETFs in the ETF Database Oil & Gas Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest USO 0.60% $1.2 B 4 M 7.44%
Largest (AUM) USO 0.60% $1.2 B 4 M 7.44%
Most Liquid (Volume) UNG 1.06% $802.3 M 7 M -28.85%
Top YTD Performer USO 0.60% $1.2 B 4 M 7.44%

Alternative ETFs in the FactSet Commodities: Energy Crude Oil Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest USO 0.60% $1.2 B 4 M 7.44%
Largest (AUM) USO 0.60% $1.2 B 4 M 7.44%
Most Liquid (Volume) USO 0.60% $1.2 B 4 M 7.44%
Top YTD Performer USO 0.60% $1.2 B 4 M 7.44%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

USL ETF Database Category Average FactSet Segment Average
Number of Holdings 1 1 2
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

USL ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

USL Valuation

This section compares the P/E ratio of this ETF to its peers.

USL
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

USL Dividend

This section compares the dividend yield of this ETF to its peers.

USL ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.17 $ 0.54
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.30 $ 2.84
Annual Dividend Yield N/A 1.27% 8.76%

USL Price and Volume Charts

View charts featuring USL price and volume data.

USL Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -3.66 M 1 Month Net Flows: -3.66 M 3 Month Net Flows: -3.66 M 6 Month Net Flows: -7.62 M 1 Year Net Flows: -23.96 M 3 Year Net Flows: -131.82 M 5 Year Net Flows: -249.48 M 10 Year Net Flows: -234.64 M

USL Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -3.94 M
1 Month Net AUM Change: -4.4 M
3 Month Net AUM Change: -7.61 M
6 Month Net AUM Change: -10.35 M
1 Year Net AUM Change: -24.23 M
3 Year Net AUM Change: -95.56 M
5 Year Net AUM Change: -3.86 M
10 Year Net AUM Change: 10.75 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for USL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Oil & Gas with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ USO
Expenses C+ OILK
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

USL Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

USL
Expense Ratio
0.85%
ETF Database Category Average
Expense Ratio
0.85%
FactSet Segment Average
Expense Ratio
0.82%

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

USL does not have an ESG score. There are no ESG themes that map to this ETF.

USL Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

USL ETF Database
Category Average
Factset Segment
Average
1 Month Return 1.87% 3.12% 2.05%
3 Month Return -3.70% -1.26% -3.07%
YTD Return 4.23% -1.89% 3.69%
1 Year Return 0.06% -7.11% 0.10%
3 Year Return 12.76% 2.59% 8.70%
5 Year Return 10.76% 0.89% 1.27%

Geographic Exposure

The following charts reflect the geographic spread of USL's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of USL's underlying holdings.

USL Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 266.15%
20 Day Volatility 22.62%
50 Day Volatility 29.71%
200 Day Volatility 27.62%
Beta 0.9
Standard Deviation 1.81%
5 Day Volatility
266.15%
Rank
5 of 9

20 Day Volatility
22.62%
Rank
8 of 9

50 Day Volatility
29.71%
Rank
7 of 9

200 Day Volatility
27.62%
Rank
7 of 9

Beta
0.9
Rank
6 of 9

Standard Deviation
1.81%
Rank
5 of 9

Technicals

  • 20 Day MA $36.94
  • 60 Day MA $36.89
  • MACD 15 Period -0.14
  • MACD 100 Period -0.98
  • Williams % Range 10 Day 59.23
  • Williams % Range 20 Day 66.68
  • RSI 10 Day 46
  • RSI 20 Day 48
  • RSI 30 Day 48
  • Ultimate Oscillator 46

Bollinger Bands

  • Lower Bollinger (10 Day) $35.99
  • Upper Bollinger (10 Day) $37.66
  • Lower Bollinger (20 Day) $35.85
  • Upper Bollinger (20 Day) $38.04
  • Lower Bollinger (30 Day) $35.68
  • Upper Bollinger (30 Day) $38.09

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $36.59
  • Resistance Level 1 n/a
  • Resistance Level 2 $36.59

Stochastic

  • Stochastic Oscillator %D (1 Day) 53.76
  • Stochastic Oscillator %D (5 Day) 30.29
  • Stochastic Oscillator %K (1 Day) 53.85
  • Stochastic Oscillator %K (5 Day) 44.01

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.03
  • Maximum Premium Discount (%) 1.61
  • Average Spread (%) 6.49
  • Average Spread ($) 6.49

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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