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 29 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $7.07B. The average expense ratio is 0.84%. 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 $2.47B in assets. In the last trailing year, the best performing Oil ETF was the BNO at 22.66%. The most-recent ETF launched in the Oil space was the Credit Suisse X-Links Crude Oil Shares Covered Call ETN USOI in 04/25/17.

Top ETF Performers

DWT VelocityShares 3x Inverse Crude Oil ETN 5.39%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 4.93%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 4.24%
OILD ProShares UltraPro 3x Short Crude Oil ETF 4.10%
IEO iShares U.S. Oil & Gas Exploration & Production ETF 3.26%

Bottom ETF Performers

UWT VelocityShares 3x Long Crude Oil ETN -8.81%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -8.46%
OILU ProShares UltraPro 3x Crude Oil ETF -7.89%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -7.82%
UCO ProShares Ultra Bloomberg Crude Oil -4.71%

Top Creations

XOP SPDR S&P Oil & Gas Exploration & Production ETF 301.01
DWT VelocityShares 3x Inverse Crude Oil ETN 97.40
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 44.41
SCO ProShares UltraShort Bloomberg Crude Oil 34.78
OILD ProShares UltraPro 3x Short Crude Oil ETF 19.60

Top Redemptions

USO United States Oil Fund LP -138.42
UWT VelocityShares 3x Long Crude Oil ETN -125.89
UCO ProShares Ultra Bloomberg Crude Oil -57.78
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -57.51
OILU ProShares UltraPro 3x Crude Oil ETF -36.55

AUM Winners

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 35.64%
OIL iPath Series B S&P GSCI Crude Oil ETN 23.89%
USO United States Oil Fund LP 10.55%
XOP SPDR S&P Oil & Gas Exploration & Production ETF 7.66%
DWT VelocityShares 3x Inverse Crude Oil ETN 6.60%

AUM Losers

WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -43.44%
OIH VanEck Vectors Oil Services ETF -13.48%
UCO ProShares Ultra Bloomberg Crude Oil -9.90%
IEZ iShares U.S. Oil Equipment & Services ETF -9.32%
UWT VelocityShares 3x Long Crude Oil ETN -8.72%

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