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 30 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $7.55B. The average expense ratio is 0.91%. 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 $2.09B in assets. In the last trailing year, the best performing Oil ETF was the OILX at 3.56%. 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

WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 38.72%
OILU ProShares UltraPro 3x Crude Oil ETF 38.56%
USOU United States 3x Oil Fund 37.96%
UWT VelocityShares 3x Long Crude Oil ETN 37.89%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 31.13%

BOTTOM ETF PERFORMERS

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -30.33%
OILD ProShares UltraPro 3x Short Crude Oil ETF -30.33%
USOD United States 3x Short Oil Fund -30.18%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -29.86%
DWT VelocityShares 3x Inverse Crude Oil ETN -29.86%

TOP CREATIONS

DWT VelocityShares 3x Inverse Crude Oil ETN 35.55
SCO ProShares UltraShort Bloomberg Crude Oil 17.69
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 15.96
OILK ProShares K-1 Free Crude Oil Strategy ETF 6.39
OILD ProShares UltraPro 3x Short Crude Oil ETF 1.72

TOP REDEMPTIONS

USO United States Oil Fund LP -136.20
UWT VelocityShares 3x Long Crude Oil ETN -112.60
OIH VanEck Vectors Oil Services ETF -90.22
UCO ProShares Ultra Bloomberg Crude Oil -54.66
XOP SPDR S&P Oil & Gas Exploration & Production ETF -41.01

AUM WINNERS

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 123.58%
OILD ProShares UltraPro 3x Short Crude Oil ETF 69.04%
DWT VelocityShares 3x Inverse Crude Oil ETN 66.84%
SCO ProShares UltraShort Bloomberg Crude Oil 37.46%
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN 28.66%

AUM LOSERS

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -29.28%
DTO DB Crude Oil Double Short ETN -20.38%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -9.38%
UWT VelocityShares 3x Long Crude Oil ETN -8.33%
USOU United States 3x Oil Fund -3.77%

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