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 31 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $6.01B. The average expense ratio is 0.89%. Oil ETFs can be found in the following asset classes:

  • Commodities
  • Equity

The largest Oil ETF is the SPDR S&P Oil & Gas Exploration & Production ETF XOP with $1.63B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 283.06%. The most-recent ETF launched in the Oil space was the United States 3x Short Oil Fund USOD in 07/20/17.

Top ETF Performers

USOD United States 3x Short Oil Fund 116.43%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 29.19%
DTO DB Crude Oil Double Short ETN 20.58%
SCO ProShares UltraShort Bloomberg Crude Oil 10.63%
DWT VelocityShares 3x Inverse Crude Oil ETN 9.19%

Bottom ETF Performers

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -36.18%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -29.97%
OILU ProShares UltraPro 3x Crude Oil ETF -29.89%
UWT VelocityShares 3x Long Crude Oil ETN -29.84%
USOU United States 3x Oil Fund -29.69%

Top Creations

USO United States Oil Fund LP 180.91
DWT VelocityShares 3x Inverse Crude Oil ETN 150.34
OILD ProShares UltraPro 3x Short Crude Oil ETF 53.58
SCO ProShares UltraShort Bloomberg Crude Oil 21.18
USOD United States 3x Short Oil Fund 2.80

Top Redemptions

XOP SPDR S&P Oil & Gas Exploration & Production ETF -43.97
UCO ProShares Ultra Bloomberg Crude Oil -38.01
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -21.26
DBO Invesco DB Oil Fund -19.75
BNO United States Brent Oil Fund LP -10.28

AUM Winners

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 136.05%
USOD United States 3x Short Oil Fund 54.53%
OILU ProShares UltraPro 3x Crude Oil ETF 39.89%
UWT VelocityShares 3x Long Crude Oil ETN 38.89%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 29.29%

AUM Losers

OILD ProShares UltraPro 3x Short Crude Oil ETF -49.23%
IEZ iShares U.S. Oil Equipment & Services ETF -19.13%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -18.72%
SCO ProShares UltraShort Bloomberg Crude Oil -17.56%
OILK ProShares K-1 Free Crude Oil Strategy ETF -17.06%

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