The Best Oil & Gas ETFs
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Oil & Gas ETFs.
Oil & Gas ETFs and funds provide exposure to energy commodities — crude oil (WTI and Brent), natural gas, gasoline, and broad energy baskets — primarily through futures contracts, along with leveraged and inverse variants for tactical positioning. Prices are driven by global supply and demand, OPEC policy, geopolitical events, and seasonal factors, making the category volatile and most often used for hedging or short-term tactical exposure rather than long-term buy-and-hold. For exposure to energy-sector companies, see Energy Equities.
- Number of ETFs
- 14
- Avg. Expense Ratio
- 0.91%
- Avg. Dividend Yield
- 4.63%
- Avg. 1 Year Return
- 10.56%
- Median Risk/Return Score
- 25 / 100
The Best Oil & Gas ETFs
14 results
Best Oil & Gas ETFs by Risk/Return Score
The top Oil & Gas ETFs by PortfoliosLab Risk/Return Score are UGA (75) and DBE (39).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| United States Gasoline Fund LP | 75 | 118.98M | Feb 2008 | |
| Invesco DB Energy Fund | 39 | 81.40M | Jan 2007 | |
| United States Oil Fund LP | 29 | 1.92B | Apr 2006 | |
| Invesco DB Oil Fund | 29 | 208.97M | Jan 2007 | |
| United States 12 Month Oil Fund LP | 28 | 39.62M | Dec 2007 |
Best-Performing Oil & Gas ETFs Over 5 Years
The top Oil & Gas ETFs is UGA (24.87%).
Across the lineup, Oil & Gas ETFs show an average 1-year return of 10.56% and an average 5-year return of -4.29%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| United States Gasoline Fund LP | 24.87% | 118.98M | Feb 2008 | |
| United States Oil Fund LP | 16.48% | 1.92B | Apr 2006 | |
| United States Brent Oil Fund LP | 16.23% | 883.37M | Jun 2010 | |
| Invesco DB Energy Fund | 14.68% | 81.40M | Jan 2007 | |
| ProShares K-1 Free Crude Oil Strategy ETF | 12.85% | 211.85M | Sep 2016 |
Lowest-Cost Oil & Gas ETFs
The top Oil & Gas ETFs is OILK (0.68%).
With an average expense ratio of 0.91%, Oil & Gas ETFs remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | 211.85M | Sep 2016 | |
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | |
| Invesco DB Oil Fund | 0.78% | 208.97M | Jan 2007 | |
| Invesco DB Energy Fund | 0.78% | 81.40M | Jan 2007 | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 237.84M | Apr 2017 |
Highest-Yield Oil & Gas ETFs
The top Oil & Gas ETFs is USOI (50.15%).
Across the lineup, Oil & Gas ETFs show an average dividend yield of 4.63%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 50.15% | 237.84M | Apr 2017 | |
| ProShares K-1 Free Crude Oil Strategy ETF | 9.59% | 211.85M | Sep 2016 | |
| Invesco DB Energy Fund | 2.59% | 81.40M | Jan 2007 | |
| Invesco DB Oil Fund | 2.47% | 208.97M | Jan 2007 | |
| United States Natural Gas Fund LP | 0.00% | 590.73M | Apr 2007 |
Top ETFs Categories
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Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
USO vs. XLEUSO vs. USLUSO vs. WTIUSO vs. OILKUSO vs. SPYBOIL vs. UNLBOIL vs. LNGBOIL vs. ERXBOIL vs. ^DJUSENBOIL vs. CVNAUCO vs. OILUUCO vs. ERXUCO vs. LABUUCO vs. GUSHUCO vs. OIHKOLD vs. NGKOLD vs. ^GSPCKOLD vs. DRIPKOLD vs. UNLKOLD vs. NGSBNO vs. XLEBNO vs. USLBNO vs. XOMBNO vs. UNLBNO vs. CNQ.TOUNG vs. FCGUNG vs. UNLUNG vs. LNGUNG vs. WEATUNG vs. NGAS.LSCO vs. DRIPSCO vs. NRGDSCO vs. QQQSCO vs. ERXSCO vs. SOXLDBO vs. USLDBO vs. OILKDBO vs. OIHDBO vs. TPLDBO vs. KSAUSOI vs. OILKUSOI vs. USOYUSOI vs. OILUUSOI vs. SCHDUSOI vs. CVXDBE vs. DBBDBE vs. XLEDBE vs. VDEDBE vs. COMTDBE vs. GLD
Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years