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
- 15
- Avg. Expense Ratio
- 0.92%
- Avg. Dividend Yield
- 4.03%
- Avg. 1 Year Return
- 21.74%
- Median Risk/Return Score
- 40 / 100
The Best Oil & Gas ETFs
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| Symbol | Full Name | Category | Inception | Expense Ratio | YTD Return | 10Y Return (Annualized) | Dividend Yield | Risk / Return Rank | Max. Drawdown | Sharpe Ratio | Sortino Ratio | Omega Ratio | Martin Ratio | Calmar Ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WisdomTree Natural Gas 3x Daily Short | Oil & Gas, Inverse Commodities | Dec 20, 2012 | 0.99% | -10.97% | -52.73% | 0.00% | 16 | ||||||||
| WisdomTree Brent Crude Oil | Oil & Gas | Jan 9, 2012 | 0.49% | 58.89% | 14.20% | 0.00% | 43 | ||||||||
| WisdomTree Natural Gas ETF | Oil & Gas | Sep 22, 2006 | 0.49% | -26.14% | -25.78% | 0.00% | 3 |
Best Oil & Gas ETFs by Risk/Return Score
The top Oil & Gas ETFs by PortfoliosLab Risk/Return Score are UGA (89) and DBE (63).
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 | 89 | 147.18M | Feb 2008 | |
| Invesco DB Energy Fund | 63 | 101.18M | Jan 2007 | |
| Invesco DB Oil Fund | 50 | 274.54M | Jan 2007 | |
| United States Oil Fund LP | 49 | 2.31B | Apr 2006 | |
| United States Brent Oil Fund LP | 45 | 696.15M | Jun 2010 |
Best-Performing Oil & Gas ETFs Over 5 Years
The top Oil & Gas ETFs is UGA (25.85%).
Across the lineup, Oil & Gas ETFs show an average 1-year return of 21.74% and an average 5-year return of -3.62%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| United States Gasoline Fund LP | 25.85% | 147.18M | Feb 2008 | |
| United States Brent Oil Fund LP | 19.12% | 696.15M | Jun 2010 | |
| United States Oil Fund LP | 18.93% | 2.31B | Apr 2006 | |
| Invesco DB Energy Fund | 16.28% | 101.18M | Jan 2007 | |
| ProShares K-1 Free Crude Oil Strategy ETF | 13.57% | 215.12M | Sep 2016 |
Lowest-Cost Oil & Gas ETFs
The top Oil & Gas ETFs is OILK (0.68%).
With an average expense ratio of 0.92%, 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% | 215.12M | Sep 2016 | |
| United States Gasoline Fund LP | 0.75% | 147.18M | Feb 2008 | |
| Invesco DB Oil Fund | 0.78% | 274.54M | Jan 2007 | |
| Invesco DB Energy Fund | 0.78% | 101.18M | Jan 2007 | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 254.25M | Apr 2017 |
Highest-Yield Oil & Gas ETFs
The top Oil & Gas ETFs is USOI (47.03%).
Across the lineup, Oil & Gas ETFs show an average dividend yield of 4.03%, 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... | 47.03% | 254.25M | Apr 2017 | |
| ProShares K-1 Free Crude Oil Strategy ETF | 8.91% | 215.12M | Sep 2016 | |
| Invesco DB Energy Fund | 2.30% | 101.18M | Jan 2007 | |
| Invesco DB Oil Fund | 2.14% | 274.54M | Jan 2007 | |
| United States 12 Month Oil Fund LP | 0.00% | 46.65M | Dec 2007 |
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Top ETFs Comparisons
Compare the top ETFs symbols based on PortfoliosLab usage data.
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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