USO

United States Oil Fund LP
N/A

99
*Unless otherwise stated, data provided by FactSet.

USO Fund Description

The United States Oil Fund holds near-month NYMEX futures contracts on WTI crude oil.

USO Factset Analytics Insight

USO, among the largest and most liquid oil ETPs available, delivers its exposure to oil using near-month futures. USO's huge asset base waves away any hint of closure risk, and its massive liquidity makes trading a snap. USO gets exposure to oil using derivatives, like all oil ETPs. Derivative returns can vary greatly from spot oil prices, but spot oil is uninvestable. USO holds front-month futures contracts on WTI, rolling into the next contract every month, just like our segment benchmark. This method is particularly sensitive to short-term changes in spot prices, but can also result in heavy roll costs. That makes USO a great vehicle for riding short-term moves in crude prices, but long-term holders may want to look at other options.USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn’t sell shares. Alternatively, investors could also consider OIL, which follows the same strategy in an ETN wrapper. In all, USO does a great job of capturing the performance of the near-term oil futures market at a low all-in cost, earning it our Analyst Pick designation.

USO CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/24/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USO 5.68% 8.77% 26.98% 48.93% 1.49% -16.36% -15.79%
USO (NAV) 5.31% 9.58% 26.01% 48.67% 1.58% -16.38% -15.85%
Front Month Light Sweet Crude Oil -- -- -- -- -- -- -15.85%
S&P GSCI Crude Oil Index 5.37% 9.17% 26.03% 49.11% 2.53% -15.85% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USO Top 10 Holdings [View All]

USO Summary Data

04/10/06
Commodities Pool
0.84%
$1.70B
$242.32M
0.07%

USO Portfolio Data

Futures
Front Month
N/A
--

USO Index Data

Single Asset
Single Asset
S&P GSCI Crude Oil Index

USO Portfolio Management

0.84%
--
--
--

USO Tax Exposures

27.84% / 27.84%
--
Yes

USO Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

USO Factset Analytics Block Liquidity

As of 09/25/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of USO. USO is rated a 5 out of 5.

USO Tradability

16,877,893
$242.32M
16,222,279
$231.57M
0.07%
$0.01
-0.02%
0.94% / -1.33%
None
100.00%
100,000
162.22
0.07%
--
2,134,257
$15.22
5

USO SECTOR BREAKDOWN


USO
Segment Benchmark
100.00%
100.00%

USO TOP 10 TARGETED COMMODITY WEIGHTS[View All]

99.99%
4.33%
4.03%
4.03%
4.02%
4.01%
3.46%
3.46%
3.46%
3.46%
134.25%

USO Tenor Strategy

USO invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

USO Rolling Strategy

USO is rolled over the course of four days.

USO Performance Statistics

1.00
1.00
1.00
1.00
0.00%

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.