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 $6.68B. 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 $1.77B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 79.26%. 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

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 44.93%
DWT VelocityShares 3x Inverse Crude Oil ETN 21.54%
USOD United States 3x Short Oil Fund 21.27%
OILD ProShares UltraPro 3x Short Crude Oil ETF 20.28%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 20.18%

BOTTOM ETF PERFORMERS

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -35.84%
XES SPDR S&P Oil & Gas Equipment & Services ETF -22.29%
USOU United States 3x Oil Fund -20.42%
OIH VanEck Vectors Oil Services ETF -20.32%
UWT VelocityShares 3x Long Crude Oil ETN -20.27%

TOP CREATIONS

XOP SPDR S&P Oil & Gas Exploration & Production ETF 72.62
DWT VelocityShares 3x Inverse Crude Oil ETN 69.38
SCO ProShares UltraShort Bloomberg Crude Oil 29.11
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 15.00
OILD ProShares UltraPro 3x Short Crude Oil ETF 8.18

TOP REDEMPTIONS

UCO ProShares Ultra Bloomberg Crude Oil -92.55
UWT VelocityShares 3x Long Crude Oil ETN -88.10
USO United States Oil Fund LP -82.82
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -46.97
DBO Invesco DB Oil Fund -8.67

AUM WINNERS

USOD United States 3x Short Oil Fund 55.26%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 18.90%
OILD ProShares UltraPro 3x Short Crude Oil ETF 6.19%
DTO DB Crude Oil Double Short ETN 3.56%
UWT VelocityShares 3x Long Crude Oil ETN -1.52%

AUM LOSERS

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -39.12%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -34.67%
XES SPDR S&P Oil & Gas Equipment & Services ETF -30.44%
XOP SPDR S&P Oil & Gas Exploration & Production ETF -28.66%
USOU United States 3x Oil Fund -25.84%

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