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 $5.82B. 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 57.64%. 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 19.25%
UWT VelocityShares 3x Long Crude Oil ETN 19.03%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 18.92%
USOU United States 3x Oil Fund 18.82%
UCO ProShares Ultra Bloomberg Crude Oil 12.76%

Bottom ETF Performers

WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -19.37%
OILD ProShares UltraPro 3x Short Crude Oil ETF -19.33%
DWT VelocityShares 3x Inverse Crude Oil ETN -19.26%
USOD United States 3x Short Oil Fund -19.23%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -14.94%

Top Creations

UWT VelocityShares 3x Long Crude Oil ETN 59.83
OIH VanEck Vectors Oil Services ETF 51.60
XES SPDR S&P Oil & Gas Equipment & Services ETF 31.17
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 30.10
XOP SPDR S&P Oil & Gas Exploration & Production ETF 28.70

Top Redemptions

USO United States Oil Fund LP -171.09
DWT VelocityShares 3x Inverse Crude Oil ETN -44.18
SCO ProShares UltraShort Bloomberg Crude Oil -19.57
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -15.94
USOD United States 3x Short Oil Fund -3.48

AUM Winners

OILD ProShares UltraPro 3x Short Crude Oil ETF 190.23%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares 80.43%
DWT VelocityShares 3x Inverse Crude Oil ETN 26.62%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 19.67%
SCO ProShares UltraShort Bloomberg Crude Oil 19.66%

AUM Losers

USOU United States 3x Oil Fund -35.63%
OILU ProShares UltraPro 3x Crude Oil ETF -35.08%
UWT VelocityShares 3x Long Crude Oil ETN -34.11%
USOD United States 3x Short Oil Fund -27.68%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -19.59%

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