Oil & Gas

NYSEArca

The United States Oil Fund, LP (USO) is an exchange-traded commodity pool whose investment objective is for the daily changes in its net asset value to reflect the daily changes in the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by changes in the Benchmark Oil Futures Contract (the near-month NYMEX WTI light sweet crude oil futures contract that rolls into the next-month contract over a five-day period). To mitigate the impact of contango and front-month volatility (notably after the April 2020 oil-price dislocation), USO holds a mix of near-month and longer-dated WTI crude oil futures rather than a pure front-month position. USO is sponsored and managed by United States Commodity Funds LLC (USCF) and was the first U.S. commodity ETF based on crude oil, launched in April 2006.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
UGA	United States Gasoline Fund LP	2.19	0.71	0.38	69
DBE	Invesco DB Energy Fund	2.18	0.63	0.40	69
DBO	Invesco DB Oil Fund	2.10	0.46	0.33	62
USO	United States Oil Fund LP	2.04	0.64	0.08	63
BNO	United States Brent Oil Fund LP	2.00	0.65	0.35	62

Top Oil & Gas ETFs by Sharpe Ratio

Top Oil & Gas ETFs by Sharpe Ratio