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 $9.19B. 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 $3.13B in assets. In the last trailing year, the best performing Oil ETF was the USOU at 187.37%. 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

WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 14.80%
OILU ProShares UltraPro 3x Crude Oil ETF 14.72%
UWT VelocityShares 3x Long Crude Oil ETN 13.62%
USOU United States 3x Oil Fund 13.46%
UCO ProShares Ultra Bloomberg Crude Oil 10.13%

BOTTOM ETF PERFORMERS

OILD ProShares UltraPro 3x Short Crude Oil ETF -15.62%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -15.29%
USOD United States 3x Short Oil Fund -15.17%
DWT VelocityShares 3x Inverse Crude Oil ETN -14.86%
DTO DB Crude Oil Double Short ETN -10.32%

TOP CREATIONS

XOP SPDR S&P Oil & Gas Exploration & Production ETF 196.46
OILU ProShares UltraPro 3x Crude Oil ETF 10.46
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares 5.55
UWT VelocityShares 3x Long Crude Oil ETN 5.41
IEZ iShares U.S. Oil Equipment & Services ETF 5.27

TOP REDEMPTIONS

USO United States Oil Fund LP -196.51
OIH VanEck Vectors Oil Services ETF -108.54
DWT VelocityShares 3x Inverse Crude Oil ETN -26.45
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares -18.30
UCO ProShares Ultra Bloomberg Crude Oil -17.55

AUM WINNERS

USOU United States 3x Oil Fund 64.23%
OILK ProShares K-1 Free Crude Oil Strategy ETF 20.76%
USOD United States 3x Short Oil Fund 17.78%
WTIU UBS ETRACS - ProShares Daily 3x Long Crude ETN 10.56%
BNO United States Brent Oil Fund LP 7.06%

AUM LOSERS

DBO Invesco DB Oil Fund -28.19%
OILU ProShares UltraPro 3x Crude Oil ETF -16.93%
UWT VelocityShares 3x Long Crude Oil ETN -12.55%
WTID UBS ETRACS - ProShares Daily 3x Inverse Crude ETN -12.19%
OIH VanEck Vectors Oil Services ETF -11.98%

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