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 22 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $2.93B. The average expense ratio is 0.70%. 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 $1.23B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 421.98%. 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

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares 20.54%
SCO ProShares UltraShort Bloomberg Crude Oil -1.66%
DTO DB Crude Oil Double Short ETN -16.14%
DBO Invesco DB Oil Fund -27.65%
FILL iShares MSCI Global Energy Producers ETF -27.75%

Bottom ETF Performers

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares -94.57%
UCO ProShares Ultra Bloomberg Crude Oil -75.17%
XES SPDR S&P Oil & Gas Equipment & Services ETF -56.74%
IEZ iShares U.S. Oil Equipment & Services ETF -54.85%
OIH VanEck Vectors Oil Services ETF -53.93%

Top Creations

USO United States Oil Fund LP 2.18K
UCO ProShares Ultra Bloomberg Crude Oil 747.90
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares 181.10
BNO United States Brent Oil Fund LP 104.01
DBO Invesco DB Oil Fund 102.71

Top Redemptions

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares -92.53
XOP SPDR S&P Oil & Gas Exploration & Production ETF -86.76
SCO ProShares UltraShort Bloomberg Crude Oil -21.08
DTO DB Crude Oil Double Short ETN -10.44
IEO iShares U.S. Oil & Gas Exploration & Production ETF -8.34

AUM Winners

SCO ProShares UltraShort Bloomberg Crude Oil 163.34%
OIL iPath Series B S&P GSCI Crude Oil ETN 163.08%
USO United States Oil Fund LP 60.71%
OILX ETRACS S&P GSCI Crude Oil Total Return ETN 59.24%
BNO United States Brent Oil Fund LP 56.07%

AUM Losers

OLEM iPath Pure Beta Crude Oil ETN -79.51%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares -68.72%
XES SPDR S&P Oil & Gas Equipment & Services ETF -55.52%
PXJ Invesco Dynamic Oil & Gas Services ETF -49.53%
XOP SPDR S&P Oil & Gas Exploration & Production ETF -44.73%

Features and News

Oil ETFs For The Coming Rebound

Oil prices have collapsed, but eventually they will recover.

 

Podcasts

ETF Prime Podcast: Recapping A Wild Month

Plus, ETF facts, myths, flows and more.

ETF Report

Commodities In Review: April 2020

Palladium had another strong month, but commodities were mostly down

ETF Report

Sectors In Review: April 2020

February was awful for sectors, with just one fund recording positive returns

Features and News

March Market Madness Unprecedented

Investors have never ridden such a wild ride.

Features and News

Direxion Ratchets Down Geared ETFs

The issuer is closing some ETFs and changing the leverage exposure on others.

Features and News

Leveraged ETF Closures Piling Up

Since the market volatility began, almost 30 leveraged and inverse products have shut up shop. But why now?

Features and News

Don't Buy & Hold Leveraged ETFs

Seriously, don't. Please.                                         

Features and News

Market Meltdown Continues

U.S. stocks tumbled 12% on Monday after the Fed slashed rates to zero.