USO

United States Oil Fund LP
*Unless otherwise stated, data provided by FactSet.

USO Fund Description

USO holds predominantly short-term 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-term futures. USO gets exposure to oil using derivatives, like all oil ETPs. The fund predominately holds near-month futures contracts on WTI, rolling into future contracts every month. Our segment benchmark holds front-month contracts. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. 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.

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
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/23/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USO -7.12% -2.40% -72.65% -71.30% -30.06% -24.67% -20.02%
USO (NAV) -6.40% -1.79% -72.33% -71.08% -29.83% -24.46% -19.98%
Front Month Light Sweet Crude Oil -- -- -- -- -- -- -19.98%
S&P GSCI Crude Oil Index -6.57% -3.10% -66.73% -65.17% -25.13% -21.08% -17.98%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USO Summary Data

04/10/06
Commodities Pool
0.79%
$4.09B
$149.70M
0.03%

USO Portfolio Data

Futures
Laddered
Monthly
3

USO Index Data

Front Month Light Sweet Crude Oil
Single Asset
Single Asset
S&P GSCI Crude Oil Index

USO Portfolio Management

0.79%
--
--
--

USO Tax Exposures

27.84% / 27.84%
--
Yes

USO Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

USO Factset Analytics Block Liquidity

As of 09/25/20
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

5,093,748
$149.70M
4,887,524
$141.55M
0.03%
$0.01
0.10%
733.66% / -2.59%
None
100.00%
100,000
48.88
0.11%
--
3,681,804
$28.56
5

USO Sector Breakdown


USO
Segment Benchmark
100.00%
100.00%

USO Top 10 Targeted Commodity Weights

50.67%
46.79%
2.54%
100%

USO Tenor Strategy

USO invests 80% of its portfolio in front month contracts and 20% in second month contract, except when the front month expires in two weeks, then USO will roll into the second and third month contract.

USO Rolling Strategy

USO is rolled over the course of four days.

USO Performance Statistics

0.96
0.88
1.00
1.00
0.00%

Options Strategies for Outcome Investing

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