Oil ETF Overview

Investing in oil ETFs can be a complex endeavor. For most investors, even large traders, taking delivery of oil and storing it is simply impractical or impossible to do. Thus, oil ETFs have become a popular instrument with which to access the oil market. In today's market, investors can find ETFs that track the daily price of oil and that aim to mitigate the effects of contango and backwardation, as well as ETFs exposed to companies in the oil sector.

This channel is designed to help you understand oil ETFs, how they are built, how they behave, their objectives, their risks and their rewards.

With 38 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $9.77B. The average expense ratio is of 1.2%. Oil ETFs can be found in the following asset classes:

  • Equity
  • Fixed Income
  • Commodities

The largest Oil ETF is the United States Oil Fund LP USO with $2.24B in assets. In the last trailing year, the best performing Oil ETF was the BNO at 19.66%. The most-recent ETF launched in the Oil space was the AxelaTrader 3x Inverse Brent Crude Oil ETN DBRT in 09/14/17.

TOP ETF PERFORMERS

OILUProShares UltraPro 3x Crude Oil ETF28.95%
UWTVelocityShares 3x Long Crude Oil ETN28.88%
USOUUnited States 3x Oil Fund28.82%
UBRTAxelaTrader 3x Long Brent Crude Oil ETN27.74%
WTIUUBS ETRACS - ProShares Daily 3x Long Crude ETN27.72%

BOTTOM ETF PERFORMERS

USODUnited States 3x Short Oil Fund-25.15%
OILDProShares UltraPro 3x Short Crude Oil ETF-24.96%
DWTVelocityShares 3x Inverse Crude Oil ETN-24.88%
WTIDUBS ETRACS - ProShares Daily 3x Inverse Crude ETN-24.79%
DBRTAxelaTrader 3x Inverse Brent Crude Oil ETN-24.43%

top creations

XOPSPDR S&P Oil & Gas Exploration & Production ETF60.52
DWTVelocityShares 3x Inverse Crude Oil ETN38.06
SCOProShares UltraShort Bloomberg Crude Oil33.13
OIHVanEck Vectors Oil Services ETF11.79
DBRTAxelaTrader 3x Inverse Brent Crude Oil ETN6.43

top redemptions

USOUnited States Oil Fund LP-143.35
UWTVelocityShares 3x Long Crude Oil ETN-111.11
DBOPowerShares DB Oil Fund-108.54
UCOProShares Ultra Bloomberg Crude Oil-92.77
USLUnited States 12 Month Oil Fund LP-16.30

AUM WINNERS

DWTVelocityShares 3x Inverse Crude Oil ETN9.68%
DBRTAxelaTrader 3x Inverse Brent Crude Oil ETN7.09%
PXJPowerShares Dynamic Oil & Gas Services Portfolio6.94%
OILDProShares UltraPro 3x Short Crude Oil ETF6.19%
SCOProShares UltraShort Bloomberg Crude Oil1.15%

AUM LOSERS

OILUProShares UltraPro 3x Crude Oil ETF-24.69%
DBOPowerShares DB Oil Fund-24.32%
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares-21.57%
UWTVelocityShares 3x Long Crude Oil ETN-21.23%
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares-20.21%

Features and News

Energy ETFs Lag As Rising Oil Tops $60

Brent crude oil hit a 2 1/2-year high, but energy ETFs aren't rallying like you'd expect. 

Features and News

MLP ETFs Face Oil & Tax Issues Ahead

Here’s how one expert thinks master limited partnerships will be impacted by the coming tax reform.

Features and News

NatGas ETF Demand Surges As Prices Fall

More than $1.5 billion has flowed into the two largest natural gas exchange-traded products this year, even as prices have cratered. 

Daily Hot Reads

Wednesday Hot Reads: When ETFs Own Too Much

Plus, high-speed market maker Virtu wants Finra to change one of its rules to help smaller ETFs.

Daily Hot Reads

Friday Hot Reads: ETF Assets Up, Volumes Tanking

Plus, perspectives on competition between issuers within the ETF industry.

Index Investor Corner

Swedroe: Financializing Commodities

Evidence suggests the influx of investors has reduced the benefits offered by the asset class.

ETF Report

 Sectors In Review

August was a grim month for four sectors, but fairly decent for the rest.

Daily ETF Watch

3x Oil ETN Pair Debuts

Proposed funds will target companies likely to appeal to private equity firms.

Daily ETF Watch

‘Contango Killer’ ETFs Planned

The actively managed funds are also structured so as to not require K-1 forms.