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 34 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $9.21B. 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 $2.85B in assets. In the last trailing year, the best performing Oil ETF was the USOU at 135.57%. 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

SZODB Crude Oil Short ETN43.06%
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares17.92%
WTIDUBS ETRACS - ProShares Daily 3x Inverse Crude ETN3.52%
DWTVelocityShares 3x Inverse Crude Oil ETN3.32%
USODUnited States 3x Short Oil Fund3.18%

BOTTOM ETF PERFORMERS

GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares-19.07%
OILXETRACS S&P GSCI Crude Oil Total Return ETN-9.92%
USOUUnited States 3x Oil Fund-7.67%
OIHVanEck Vectors Oil Services ETF-7.19%
UWTVelocityShares 3x Long Crude Oil ETN-6.96%

top creations

XOPSPDR S&P Oil & Gas Exploration & Production ETF315.43
UWTVelocityShares 3x Long Crude Oil ETN48.63
USOUnited States Oil Fund LP45.82
PXEInvesco Dynamic Energy Exploration & Production ETF20.59
IEOiShares U.S. Oil & Gas Exploration & Production ETF18.55

top redemptions

OIHVanEck Vectors Oil Services ETF-107.86
DWTVelocityShares 3x Inverse Crude Oil ETN-65.51
SCOProShares UltraShort Bloomberg Crude Oil-24.13
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares-14.39
DBOInvesco DB Oil Fund-7.38

AUM WINNERS

USOUUnited States 3x Oil Fund37.83%
OILUProShares UltraPro 3x Crude Oil ETF35.14%
DBOInvesco DB Oil Fund23.90%
UWTVelocityShares 3x Long Crude Oil ETN23.23%
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares9.75%

AUM LOSERS

OILKProShares K-1 Free Crude Oil Strategy ETF-41.40%
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares-34.73%
DWTVelocityShares 3x Inverse Crude Oil ETN-26.08%
OIHVanEck Vectors Oil Services ETF-18.26%
SCOProShares UltraShort Bloomberg Crude Oil-15.76%

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