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 33 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $7.60B. The average expense ratio is 0.89%. 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 $2.03B in assets. In the last trailing year, the best performing Oil ETF was the OLO at 3.06%. 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

OILU ProShares UltraPro 3x Crude Oil ETF 13.70%
UWT VelocityShares 3x Long Crude Oil ETN 13.69%
USOU United States 3x Oil Fund 13.61%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 13.10%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 12.79%

BOTTOM ETF PERFORMERS

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -19.65%
OILD ProShares UltraPro 3x Short Crude Oil ETF -19.62%
DWT VelocityShares 3x Inverse Crude Oil ETN -19.55%
USOD United States 3x Short Oil Fund -19.16%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares -17.30%

TOP CREATIONS

DWT VelocityShares 3x Inverse Crude Oil ETN 69.56
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 15.74
DBO Invesco DB Oil Fund 8.84
OILD ProShares UltraPro 3x Short Crude Oil ETF 4.41
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 2.33

TOP REDEMPTIONS

XOP SPDR S&P Oil & Gas Exploration & Production ETF -372.65
OIH VanEck Vectors Oil Services ETF -202.69
UWT VelocityShares 3x Long Crude Oil ETN -134.67
UCO ProShares Ultra Bloomberg Crude Oil -58.38
USO United States Oil Fund LP -49.95

AUM WINNERS

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 36.48%
USOU United States 3x Oil Fund 12.82%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 12.70%
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN 9.02%
OILK ProShares K-1 Free Crude Oil Strategy ETF 8.79%

AUM LOSERS

SCO ProShares UltraShort Bloomberg Crude Oil -31.09%
XOP SPDR S&P Oil & Gas Exploration & Production ETF -30.12%
OIH VanEck Vectors Oil Services ETF -18.95%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -18.87%
SZO DB Crude Oil Short ETN -18.28%

Features and News

ETF Of The Week: Oil's Fall Lifts Refiners Fund

Drop in crude prices has benefited State Street's oil and gas services ETF.

ETF Report

 Commodities In Review: February 2019

Cocoa and silver stood out in a mixed month.

ETF Report

 Sectors In Review: February 2019

December was uniformly disastrous for sector ETFs.

ETF.com Live Chat!

Live Chat: Leveraged ETFs Are Tricky

Dave Nadig answers readers' ETF questions in real time. Here's the transcript.

Features and News

Worst Performing ETFs Of 2018

The worst performers fell as much as 92% in 2018.

ETF Report

 Sectors In Review: January 2019

November was mostly positive for sector ETFs.

ETF Report

 Commodities In Review: January 2019

Commodities had a rough time during November.

Daily ETF Watch

Invesco Plans 19 ETF Closures

Shutdowns slated for February 2019.

ETF Report

 Commodities In Review: December 2018

October was a mixed bag for commodity funds,