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 31 ETFs traded in the U.S. markets, Oil ETFs gather total assets under management of $6.49B. 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 $1.96B in assets. In the last trailing year, the best performing Oil ETF was the DRIP at 116.71%. 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

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 14.64%
OIH VanEck Vectors Oil Services ETF 10.41%
XES SPDR S&P Oil & Gas Equipment & Services ETF 10.11%
PXJ Invesco Dynamic Oil & Gas Services ETF 8.88%
OILU ProShares UltraPro 3x Crude Oil ETF 8.37%

Bottom ETF Performers

DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -25.47%
OILD ProShares UltraPro 3x Short Crude Oil ETF -15.65%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -15.34%
USOD United States 3x Short Oil Fund -15.00%
DWT VelocityShares 3x Inverse Crude Oil ETN -14.66%

Top Creations

GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 51.73
DWT VelocityShares 3x Inverse Crude Oil ETN 45.02
UCO ProShares Ultra Bloomberg Crude Oil 36.55
UWT VelocityShares 3x Long Crude Oil ETN 23.52
USO United States Oil Fund LP 14.36

Top Redemptions

XOP SPDR S&P Oil & Gas Exploration & Production ETF -23.88
IEO iShares U.S. Oil & Gas Exploration & Production ETF -17.11
IEZ iShares U.S. Oil Equipment & Services ETF -6.00
OILK ProShares K-1 Free Crude Oil Strategy ETF -0.99
XES SPDR S&P Oil & Gas Equipment & Services ETF -0.50

AUM Winners

OIL iPath Series B S&P GSCI Crude Oil ETN 397.05%
OILD ProShares UltraPro 3x Short Crude Oil ETF 152.25%
USOD United States 3x Short Oil Fund 64.36%
DWT VelocityShares 3x Inverse Crude Oil ETN 47.07%
SCO ProShares UltraShort Bloomberg Crude Oil 41.05%

AUM Losers

USOU United States 3x Oil Fund -18.30%
OILU ProShares UltraPro 3x Crude Oil ETF -16.93%
UWT VelocityShares 3x Long Crude Oil ETN -15.93%
DTO DB Crude Oil Double Short ETN -10.32%
UCO ProShares Ultra Bloomberg Crude Oil -8.21%

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