USO
United States Oil Fund LP · USCF
US Sectors
1Y Return
+101.5%
Expense Ratio
0.60%
AUM
$1.9B
Dividend Yield
0.00%
Avg Annual Growth (Since Inception)
+4.9%
Issuer
USCF

Overview

Crude oil itself — front-month WTI futures in the market's best-known oil tracker, the direct way to own the barrel rather than the producers.

Top Holdings

TickerHoldingWeight

Fund Details

Index
Front-Month WTI Crude Futures
# Holdings
26
Inception
Apr 2006
Issuer
USCF
Expense Ratio
0.60%
TTM Yield
0.00%
Avg Annual Growth (Since Inception)
+4.9%
Avg Annual Yield (Since Inception)
0.00%

Investment Thesis

+102% in twelve months: when the commodity itself doubles, no equity proxy keeps up. USO is the instrument for a pure price view on oil — with the roll costs and K-1 that come with futures, and none of the corporate hedges that dilute producer stocks.

Who It's For

Traders with a direct view on crude prices who want the barrel's move, not an oil company's version of it.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017$96.08--
2018$77.28-19.6%
2019$102.48+32.6%
2020$33.01-67.8%
2021$54.36+64.7%
2022$70.11+29.0%
2023$66.65-4.9%
2024$75.55+13.4%
2025$69.16-8.5%
Annual Dividend Yield
YearYield
2016--
20170.00%
20180.00%
20190.00%
20200.00%
20210.00%
20220.00%
20230.00%
20240.00%
20250.00%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022----
2023----
2024----
2025$1.9B--

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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