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 $6.74B. 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 $1.94B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 114.80%. 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

UWT VelocityShares 3x Long Crude Oil ETN 37.68%
USOU United States 3x Oil Fund 37.64%
OILU ProShares UltraPro 3x Crude Oil ETF 37.14%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 36.80%
UCO ProShares Ultra Bloomberg Crude Oil 25.17%

BOTTOM ETF PERFORMERS

USOD United States 3x Short Oil Fund -35.45%
DWT VelocityShares 3x Inverse Crude Oil ETN -35.34%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -35.07%
OILD ProShares UltraPro 3x Short Crude Oil ETF -35.04%
SCO ProShares UltraShort Bloomberg Crude Oil -23.93%

TOP CREATIONS

XOP SPDR S&P Oil & Gas Exploration & Production ETF 308.16
OIH VanEck Vectors Oil Services ETF 94.65
UWT VelocityShares 3x Long Crude Oil ETN 41.26
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 29.09
USO United States Oil Fund LP 13.21

TOP REDEMPTIONS

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -17.07
IEZ iShares U.S. Oil Equipment & Services ETF -2.46
USL United States 12 Month Oil Fund LP -1.02
DTO DB Crude Oil Double Short ETN -0.85
PXE Invesco Dynamic Energy Exploration & Production ETF -0.83

AUM WINNERS

WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 62.06%
USOU United States 3x Oil Fund 58.63%
DWT VelocityShares 3x Inverse Crude Oil ETN 42.14%
OILD ProShares UltraPro 3x Short Crude Oil ETF 41.81%
XOP SPDR S&P Oil & Gas Exploration & Production ETF 27.39%

AUM LOSERS

OILX ETRACS S&P GSCI Crude Oil Total Return ETN -71.73%
USOD United States 3x Short Oil Fund -41.39%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -37.24%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -35.52%
DTO DB Crude Oil Double Short ETN -22.28%

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