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 33 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $9.17B. 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 $2.93B in assets. In the last trailing year, the best performing Oil ETF was the USOU at 172.97%. 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

USOU United States 3x Oil Fund 5.67%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 5.18%
OILU ProShares UltraPro 3x Crude Oil ETF 5.15%
UWT VelocityShares 3x Long Crude Oil ETN 5.10%
UCO ProShares Ultra Bloomberg Crude Oil 3.79%

BOTTOM ETF PERFORMERS

USOD United States 3x Short Oil Fund -9.92%
SZO DB Crude Oil Short ETN -9.30%
OILD ProShares UltraPro 3x Short Crude Oil ETF -9.25%
DWT VelocityShares 3x Inverse Crude Oil ETN -9.14%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -6.94%

TOP CREATIONS

DWT VelocityShares 3x Inverse Crude Oil ETN 91.10
XOP SPDR S&P Oil & Gas Exploration & Production ETF 40.51
OIH VanEck Vectors Oil Services ETF 14.57
OILD ProShares UltraPro 3x Short Crude Oil ETF 13.87
SCO ProShares UltraShort Bloomberg Crude Oil 12.69

TOP REDEMPTIONS

UWT VelocityShares 3x Long Crude Oil ETN -79.15
UCO ProShares Ultra Bloomberg Crude Oil -56.09
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -23.15
XES SPDR S&P Oil & Gas Equipment & Services ETF -16.11
IEO iShares U.S. Oil & Gas Exploration & Production ETF -10.67

AUM WINNERS

OILK ProShares K-1 Free Crude Oil Strategy ETF 311.39%
OILD ProShares UltraPro 3x Short Crude Oil ETF 63.14%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 47.19%
DWT VelocityShares 3x Inverse Crude Oil ETN 36.45%
USOD United States 3x Short Oil Fund 11.69%

AUM LOSERS

UWT VelocityShares 3x Long Crude Oil ETN -34.28%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -23.72%
OILU ProShares UltraPro 3x Crude Oil ETF -16.93%
UCO ProShares Ultra Bloomberg Crude Oil -12.40%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -10.80%

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