USOU

United States 3x Oil Fund
*Unless otherwise stated, data provided by FactSet.

USOU Fund Description

The United States 3x Oil Fund provides daily 3x leveraged exposure to front-month NYMEX futures contracts on WTI crude oil.

USOU Factset Analytics Insight

Like all daily-reset leveraged ETPs, USOU is designed as a trading tool, not a buy-and-hold investment. Holding the fund for longer than a day exposes investors to the effects of compounding, which could mean returns that vary significantly from 3x exposure over the long-term. USOU tracks the front-month WTI crude contract, which provides maximum sensitivity to spot prices but also increases the effects of contango. Holding costs for the fund are steep, but trading costs are more important for this short-term product.As a commodity pool, USOU will issue a K-1 form at tax time. Taxable investors will pay a blended rate on capital gains (60% long-term, 40% short-term), whether those gains are realized or not. The fund competes directly with VelocityShares’ UWT (an ETN). USOD is USOU’s 3x-short counterpart, while unlevered oil exposure can be had from sibling USO.

USOU CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USOU 24.61% 33.77% 69.74% 158.21% -- -- --
USOU (NAV) 23.84% 33.88% 62.58% 158.38% -- -- --
Front Month Light Sweet Crude Oil -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USOU Summary Data

07/20/17
Commodities Pool
1.43%
$10.72M
0.22%

USOU Portfolio Data

--
N/A

USOU Index Data

Single Asset
Single Asset
N/A

USOU Fund Structure

No
N/A
N/A / N/A
N/A
N/A
High
3
Daily

USOU Tax Exposures

27.84% / 27.84%
--
Yes
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

USOU Factset Analytics Block Liquidity

As of 09/24/18
5
4
3
2
1

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

USOU Tradability

6,565
$436.52K
4,916
$341.82K
0.22%
$0.15
-0.12%
9.34% / -9.52%
None
100.00%
50,000
0.10
0.04%
--
--
$72.88
N/A