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 $8.23B. 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 $2.71B in assets. In the last trailing year, the best performing Oil ETF was the IEO at 1.32%. 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

DWT VelocityShares 3x Inverse Crude Oil ETN 97.47%
OILD ProShares UltraPro 3x Short Crude Oil ETF 97.29%
USOD United States 3x Short Oil Fund 97.18%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 95.57%
SCO ProShares UltraShort Bloomberg Crude Oil 59.79%

BOTTOM ETF PERFORMERS

UWT VelocityShares 3x Long Crude Oil ETN -57.46%
OILU ProShares UltraPro 3x Crude Oil ETF -57.39%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -57.35%
USOU United States 3x Oil Fund -57.07%
UCO ProShares Ultra Bloomberg Crude Oil -42.03%

TOP CREATIONS

UWT VelocityShares 3x Long Crude Oil ETN 116.02
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 102.82
USO United States Oil Fund LP 43.85
OILK ProShares K-1 Free Crude Oil Strategy ETF 30.59
XES SPDR S&P Oil & Gas Equipment & Services ETF 20.33

TOP REDEMPTIONS

XOP SPDR S&P Oil & Gas Exploration & Production ETF -285.71
DWT VelocityShares 3x Inverse Crude Oil ETN -109.62
OIH VanEck Vectors Oil Services ETF -60.56
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -60.19
SCO ProShares UltraShort Bloomberg Crude Oil -38.24

AUM WINNERS

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN 114.92%
USOD United States 3x Short Oil Fund 114.57%
DTO DB Crude Oil Double Short ETN 51.21%
OILU ProShares UltraPro 3x Crude Oil ETF 50.66%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 27.56%

AUM LOSERS

WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN -43.16%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -28.30%
DBO Invesco DB Oil Fund -27.22%
USL United States 12 Month Oil Fund LP -26.71%
BNO United States Brent Oil Fund LP -26.21%

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