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
- 4.17%
- Avg. 1 Year Return
- 22.32%
- Median Risk/Return Score
- 41 / 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 (86) and DBE (60).
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 | 86 | 118.98M | Feb 2008 | |
| Invesco DB Energy Fund | 60 | 85.45M | Jan 2007 | |
| Invesco DB Oil Fund | 50 | 215.47M | Jan 2007 | |
| United States Oil Fund LP | 48 | 1.92B | Apr 2006 | |
| United States Brent Oil Fund LP | 46 | 883.37M | Jun 2010 |
Best-Performing Oil & Gas ETFs Over 5 Years
The top Oil & Gas ETFs is UGA (27.30%).
Across the lineup, Oil & Gas ETFs show an average 1-year return of 22.32% and an average 5-year return of -2.58%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| United States Gasoline Fund LP | 27.30% | 118.98M | Feb 2008 | |
| United States Brent Oil Fund LP | 20.87% | 883.37M | Jun 2010 | |
| United States Oil Fund LP | 20.33% | 1.92B | Apr 2006 | |
| Invesco DB Energy Fund | 17.80% | 85.45M | Jan 2007 | |
| ProShares Ultra Bloomberg Crude Oil | 16.65% | 361.56M | Nov 2008 |
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% | 200.43M | Sep 2016 | |
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | |
| Invesco DB Oil Fund | 0.78% | 215.47M | Jan 2007 | |
| Invesco DB Energy Fund | 0.78% | 85.45M | Jan 2007 | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 250.20M | Apr 2017 |
Highest-Yield Oil & Gas ETFs
The top Oil & Gas ETFs is USOI (45.55%).
Across the lineup, Oil & Gas ETFs show an average dividend yield of 4.17%, 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... | 45.55% | 250.20M | Apr 2017 | |
| ProShares K-1 Free Crude Oil Strategy ETF | 8.54% | 200.43M | Sep 2016 | |
| Invesco DB Energy Fund | 2.23% | 85.45M | Jan 2007 | |
| Invesco DB Oil Fund | 2.08% | 215.47M | Jan 2007 | |
| ProShares Ultra Bloomberg Natural Gas | 0.00% | 352.16M | Oct 2011 |
Top ETFs Categories
Global Equities · 597 ETFsEurope Equities · 575 ETFsLeveraged Equities · 552 ETFsDerivative Income · 494 ETFsLarge Cap Blend Equities · 476 ETFsAsia Pacific Equities · 428 ETFsTechnology Equities · 412 ETFsDefined Outcome · 343 ETFsS&P 500 · 300 ETFsCorporate Bonds · 283 ETFsEmerging Markets Equities · 280 ETFsDividend · 274 ETFsGovernment Bonds · 262 ETFsLarge Cap Growth Equities · 246 ETFsForeign Large Cap Equities · 230 ETFsLarge Cap Value Equities · 201 ETFsHigh Yield Bonds · 199 ETFsCryptocurrency · 193 ETFsOptions Trading · 164 ETFsPrecious Metals · 159 ETFsHealth & Biotech Equities · 152 ETFsEnergy Equities · 151 ETFsMunicipal Bonds · 150 ETFsESG · 147 ETFsREIT · 146 ETFsJapan Equities · 140 ETFsEmerging Markets Bonds · 136 ETFsFinancials Equities · 135 ETFsNasdaq-100 · 133 ETFsEuropean Government Bonds · 126 ETFs
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. GUSHUCO vs. LABUUCO 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. WTIDDBO vs. USLDBO vs. OILKDBO vs. OIHDBO vs. KSADBO vs. XLEUSOI 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