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 19 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $8.57B. 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 United States Oil Fund LP USO with $3.64B in assets. In the last trailing year, the best performing Oil ETF was the SCO at 6.09%. 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

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares 67.33%
OIH VanEck Vectors Oil Services ETF 49.57%
XES SPDR S&P Oil & Gas Equipment & Services ETF 49.02%
IEZ iShares U.S. Oil Equipment & Services ETF 45.06%
PXJ Invesco Dynamic Oil & Gas Services ETF 43.77%

Bottom ETF Performers

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares -52.94%
SCO ProShares UltraShort Bloomberg Crude Oil -20.54%
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN 5.09%
USL United States 12 Month Oil Fund LP 9.29%
USO United States Oil Fund LP 10.47%

Top Creations

UCO ProShares Ultra Bloomberg Crude Oil 74.35
OIH VanEck Vectors Oil Services ETF 31.01
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares 26.02
IEO iShares U.S. Oil & Gas Exploration & Production ETF 4.76
PXJ Invesco Dynamic Oil & Gas Services ETF 0

Top Redemptions

USO United States Oil Fund LP -389.94
XOP SPDR S&P Oil & Gas Exploration & Production ETF -81.96
BNO United States Brent Oil Fund LP -23.32
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares -10.49
USL United States 12 Month Oil Fund LP -9.61

AUM Winners

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares 56.08%
OIH VanEck Vectors Oil Services ETF 53.08%
XES SPDR S&P Oil & Gas Equipment & Services ETF 49.16%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares 46.00%
PXJ Invesco Dynamic Oil & Gas Services ETF 43.51%

AUM Losers

UCO ProShares Ultra Bloomberg Crude Oil -20.91%
OILK ProShares K-1 Free Crude Oil Strategy ETF -12.97%
DBO Invesco DB Oil Fund -0.73%
USL United States 12 Month Oil Fund LP -0.40%
USO United States Oil Fund LP 2.51%

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