United States 12 Month Oil Fund LP (USL)
USL is a passive ETF by Concierge Technologies tracking the investment results of the 12 Month Light Sweet Crude Oil. USL launched on Dec 6, 2007 and has a 0.88% expense ratio.
ETF Info
US91288V1035
91288V103
Dec 6, 2007
1x
12 Month Light Sweet Crude Oil
Expense Ratio
USL has an expense ratio of 0.88%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
United States 12 Month Oil Fund LP (USL) returned -12.30% year-to-date (YTD) and -15.60% over the past 12 months. Over the past 10 years, USL returned 2.08% annually, underperforming the S&P 500 benchmark at 10.84%.
USL
-12.30%
0.32%
-8.87%
-15.60%
-7.48%
19.66%
2.08%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of USL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.10% | -2.71% | 2.17% | -15.99% | 3.88% | -12.30% | |||||||
| 2024 | 4.87% | 1.44% | 6.72% | 0.35% | -2.92% | 4.35% | -2.39% | -4.83% | -4.54% | 3.34% | -1.45% | 3.91% | 8.29% |
| 2023 | -0.93% | -3.04% | -1.09% | 1.46% | -9.27% | 5.06% | 14.22% | 2.23% | 5.28% | -4.31% | -4.69% | -3.99% | -1.10% |
| 2022 | 13.35% | 6.48% | 10.23% | 2.96% | 9.98% | -5.99% | -2.05% | -5.42% | -11.38% | 9.50% | 0.24% | -0.42% | 27.10% |
| 2021 | 5.76% | 16.50% | -1.09% | 6.44% | 5.16% | 9.08% | 1.60% | -4.19% | 8.67% | 7.13% | -14.46% | 12.63% | 62.48% |
| 2020 | -11.66% | -10.64% | -32.40% | -13.12% | 27.49% | 8.46% | 4.34% | 5.07% | -6.87% | -10.17% | 19.60% | 6.31% | -25.23% |
| 2019 | 14.92% | 6.35% | 2.55% | 5.11% | -15.13% | 7.80% | 0.57% | -6.57% | -0.77% | 1.67% | 2.83% | 8.95% | 28.01% |
| 2018 | 6.26% | -4.45% | 6.59% | 6.01% | -0.21% | 5.72% | -2.69% | 3.53% | 6.66% | -8.86% | -21.71% | -7.50% | -14.15% |
| 2017 | -3.68% | 0.15% | -5.89% | -3.51% | -2.85% | -3.11% | 6.00% | -2.64% | 5.07% | 4.39% | 4.41% | 5.23% | 2.55% |
| 2016 | -6.70% | -3.27% | 6.18% | 12.45% | 5.02% | 0.47% | -12.61% | 4.73% | 5.19% | -2.95% | 4.48% | 7.99% | 19.86% |
| 2015 | -8.50% | 5.95% | -8.08% | 16.28% | -2.55% | -1.14% | -18.08% | 2.01% | -8.00% | 2.19% | -8.65% | -11.40% | -36.54% |
| 2014 | -2.82% | 5.63% | 0.12% | -0.27% | 3.07% | 4.13% | -5.41% | -1.14% | -5.09% | -9.26% | -15.16% | -16.79% | -37.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of USL is 4, meaning it’s performing worse than 96% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for United States 12 Month Oil Fund LP (USL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the United States 12 Month Oil Fund LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the United States 12 Month Oil Fund LP was 89.06%, occurring on Apr 28, 2020. The portfolio has not yet recovered.
The current United States 12 Month Oil Fund LP drawdown is 62.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.06% | Jul 14, 2008 | 2962 | Apr 28, 2020 | — | — | — |
| -10.83% | Mar 14, 2008 | 4 | Mar 19, 2008 | 12 | Apr 7, 2008 | 16 |
| -10.4% | Jan 4, 2008 | 13 | Jan 24, 2008 | 17 | Feb 19, 2008 | 30 |
| -9.47% | May 22, 2008 | 9 | Jun 4, 2008 | 2 | Jun 6, 2008 | 11 |
| -6.96% | Jul 7, 2008 | 3 | Jul 9, 2008 | 2 | Jul 11, 2008 | 5 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...