United States Oil Fund LP

Price: $79.41
Change: $0.74 (0.01%)
Category: Oil & Gas
Last Updated:


Issuer Marygold
Structure Commodity Pool
Expense Ratio 0.60%
ETF Home Page Home page
Inception Apr 10, 2006

Analyst Report

This fund offers exposure to one of the the world’s most important commodities, oil, and potentially has appeal as an inflation hedge. While oil may be appealing, USO often suffers from severe contango making the product more appropriate for short-term traders.

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 $60.87
  • 52 Week Hi $83.41
  • AUM $1,245.5 M
  • Shares 15.8 M

Historical Trading Data

  • 1 Month Avg. Volume 2,281,595
  • 3 Month Avg. Volume 3,508,634

Alternative ETFs in the ETF Database Oil & Gas Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest OILK 0.73% $129.9 M 47,433 15.48%
Largest (AUM) UNG 1.06% $745.7 M 7 M -6.16%
Most Liquid (Volume) UNG 1.06% $745.7 M 7 M -6.16%
Top YTD Performer BNO 1.00% $126.2 M 489,605 17.58%

Alternative ETFs in the FactSet Commodities: Energy Crude Oil Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest OILK 0.73% $129.9 M 47,433 15.48%
Largest (AUM) USOI 0.85% $392.3 M 51,523 7.60%
Most Liquid (Volume) BNO 1.00% $126.2 M 489,605 17.58%
Top YTD Performer BNO 1.00% $126.2 M 489,605 17.58%

Top 15 Holdings

Concentration Analysis

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

Holdings Comparison

USO 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

USO 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

USO Valuation

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

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

USO Dividend

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

USO ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.18 $ 0.35
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.44 $ 1.20
Annual Dividend Yield N/A 1.44% 2.72%

USO Price and Volume Charts

View charts featuring USO price and volume data.

USO Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -46.59 M 1 Month Net Flows: -143.54 M 3 Month Net Flows: -136.84 M 6 Month Net Flows: -467.32 M 1 Year Net Flows: -854.18 M 3 Year Net Flows: -3.27 B 5 Year Net Flows: -1.14 B 10 Year Net Flows: 799.58 M

USO 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: -5.26 M
1 Month Net AUM Change: -79.8 M
3 Month Net AUM Change: -237.28 M
6 Month Net AUM Change: -335.43 M
1 Year Net AUM Change: -400.77 M
3 Year Net AUM Change: -1.89 B
5 Year Net AUM Change: -125.31 M
10 Year Net AUM Change: 687.04 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for USO 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 A+ USO
Expenses A- OILK

A+ Overall Rated ETF:

USO Expenses & Fees

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

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

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

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

USO Performance

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

USO ETF Database
Category Average
Factset Segment
1 Month Return 3.17% 1.54% 1.63%
3 Month Return 1.25% 3.42% 0.92%
YTD Return 19.14% 10.60% 11.06%
1 Year Return 22.09% 7.01% 13.56%
3 Year Return 17.98% 10.42% 11.81%
5 Year Return -2.61% 4.53% 3.68%

Geographic Exposure

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

Holdings Analysis

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

USO Technicals

Volatility Analysis

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

5 Day Volatility 328.57%
20 Day Volatility 27.22%
50 Day Volatility 22.22%
200 Day Volatility 21.77%
Beta 0.93
Standard Deviation 4.93%
5 Day Volatility
1 of 9

20 Day Volatility
3 of 9

50 Day Volatility
4 of 9

200 Day Volatility
4 of 9

4 of 9

Standard Deviation
2 of 9


  • 20 Day MA $75.25
  • 60 Day MA $77.49
  • MACD 15 Period 4.34
  • MACD 100 Period 3.58
  • Williams % Range 10 Day 1.59
  • Williams % Range 20 Day 1.32
  • RSI 10 Day 71
  • RSI 20 Day 60
  • RSI 30 Day 57
  • Ultimate Oscillator 56

Bollinger Bands

  • Lower Bollinger (10 Day) $72.15
  • Upper Bollinger (10 Day) $79.86
  • Lower Bollinger (20 Day) $71.03
  • Upper Bollinger (20 Day) $79.51
  • Lower Bollinger (30 Day) $71.94
  • Upper Bollinger (30 Day) $79.11

Support & Resistance

  • Support Level 1 $79.00
  • Support Level 2 $78.58
  • Resistance Level 1 $79.68
  • Resistance Level 2 $79.94


  • Stochastic Oscillator %D (1 Day) 68.73
  • Stochastic Oscillator %D (5 Day) 89.27
  • Stochastic Oscillator %K (1 Day) 56.71
  • Stochastic Oscillator %K (5 Day) 80.94


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.06
  • Maximum Premium Discount (%) 1.01
  • Average Spread (%) 1.06
  • Average Spread ($) 1.06

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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