United States 12 Month Oil Fund LP (USL) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with USL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to USL
USL charges 0.88% annually. There are 6 ETFs in the Oil & Gas category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | 264.89M | Sep 2016 | USL vs OILK | |
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | USL vs UGA | |
| Invesco DB Oil Fund | 0.78% | 240.68M | Jan 2007 | USL vs DBO | |
| Invesco DB Energy Fund | 0.78% | 94.72M | Jan 2007 | USL vs DBE | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 273.98M | Apr 2017 | USL vs USOI |
Best Risk-Adjusted Alternatives to USL
USL has a PortfoliosLab risk / return rank of 27. There are 7 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 55 | 118.98M | Feb 2008 | USL vs UGA | |
| Invesco DB Energy Fund | 40 | 94.72M | Jan 2007 | USL vs DBE | |
| United States Oil Fund LP | 32 | 1.92B | Apr 2006 | USL vs USO | |
| Invesco DB Oil Fund | 31 | 240.68M | Jan 2007 | USL vs DBO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 30 | 273.98M | Apr 2017 | USL vs USOI |
Top Performing USL Alternatives (YTD)
USL is at 39.93% YTD. There are 7 ETFs in the Oil & Gas category with higher YTD returns, going as high as 81.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 81.88% | 358.86M | Nov 2008 | USL vs UCO | |
| United States Gasoline Fund LP | 64.09% | 118.98M | Feb 2008 | USL vs UGA | |
| United States Oil Fund LP | 60.87% | 1.92B | Apr 2006 | USL vs USO | |
| Invesco DB Energy Fund | 53.97% | 94.72M | Jan 2007 | USL vs DBE | |
| United States Brent Oil Fund LP | 50.21% | 883.37M | Jun 2010 | USL vs BNO |
Lowest Volatility Alternatives to USL
USL has 28.90% 1-year volatility. There is 1 ETF in the Oil & Gas category with lower 1-year volatility, going as low as 23.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 23.55% | 273.98M | Apr 2017 | USL vs USOI | |
| ProShares K-1 Free Crude Oil Strategy ETF | 29.00% | 264.89M | Sep 2016 | USL vs OILK | |
| Invesco DB Oil Fund | 34.89% | 240.68M | Jan 2007 | USL vs DBO | |
| United States Gasoline Fund LP | 35.22% | 118.98M | Feb 2008 | USL vs UGA | |
| Invesco DB Energy Fund | 35.27% | 94.72M | Jan 2007 | USL vs DBE |
Lowest Drawdown Alternatives to USL
USL has a 1-year max drawdown of -17.53%. There is 1 ETF in the Oil & Gas category with a shallower 1-year drawdown, going as shallow as -17.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | -17.41% | 264.89M | Sep 2016 | USL vs OILK | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -18.41% | 273.98M | Apr 2017 | USL vs USOI | |
| United States Gasoline Fund LP | -18.96% | 118.98M | Feb 2008 | USL vs UGA | |
| Invesco DB Energy Fund | -21.28% | 94.72M | Jan 2007 | USL vs DBE | |
| Invesco DB Oil Fund | -23.03% | 240.68M | Jan 2007 | USL vs DBO |
Other ETFs from Concierge Technologies
The 2 most viewed Concierge Technologies ETFs shown here include USCI, UNL and span 2 categories. AUM among these funds goes as high as $378M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| United States Commodity Index Fund | Commodities | 46 | 19.17% | 378.15M | Aug 2010 | USL vs USCI | |
| United States 12 Month Natural Gas Fund LP | Oil & Gas | 2 | -13.41% | 10.81M | Nov 2009 | USL vs UNL |
Often Compared With USL
Investors most often compare USL with FGDL, XLE, XHB. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare USL with Any Fund or Stock
Compare USL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair USL with funds that move differently
United States 12 Month Oil Fund LP alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to USL.
Explore USL Diversifiers