United States 12 Month Oil Fund LP (USL) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to USL
USL charges 0.88% annually. Among ETFs in the Oil & Gas category, these options have the lowest expense ratios among USL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BP p.l.c. ADRhedged ETF | 0.19% | Jan 3, 2025 | USL vs BPH | |
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | Sep 26, 2016 | USL vs OILK | |
| United States Gasoline Fund LP | 0.75% | Feb 26, 2008 | USL vs UGA | |
| Invesco DB Oil Fund | 0.78% | Jan 5, 2007 | USL vs DBO | |
| Invesco DB Energy Fund | 0.78% | Jan 5, 2007 | USL vs DBE |
Best Risk-Adjusted Alternatives to USL
Among ETFs in the Oil & Gas category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| United States Gasoline Fund LP | 88 | Feb 26, 2008 | USL vs UGA | |
| United States Brent Oil Fund LP | 86 | Jun 2, 2010 | USL vs BNO | |
| Invesco DB Energy Fund | 85 | Jan 5, 2007 | USL vs DBE | |
| United States Oil Fund LP | 82 | Apr 10, 2006 | USL vs USO | |
| Invesco DB Oil Fund | 68 | Jan 5, 2007 | USL vs DBO |
Top Performing USL Alternatives (YTD)
USL alternatives from the Oil & Gas category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| United States Oil Fund LP | 83.99% | Apr 10, 2006 | USL vs USO | |
| United States Brent Oil Fund LP | 83.65% | Jun 2, 2010 | USL vs BNO | |
| Invesco DB Energy Fund | 68.74% | Jan 5, 2007 | USL vs DBE | |
| United States Gasoline Fund LP | 67.41% | Feb 26, 2008 | USL vs UGA | |
| Invesco DB Oil Fund | 61.23% | Jan 5, 2007 | USL vs DBO |
Lowest Volatility Alternatives to USL
USL alternatives from the Oil & Gas category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | 29.05% | Sep 26, 2016 | USL vs OILK | |
| BP p.l.c. ADRhedged ETF | 29.54% | Jan 3, 2025 | USL vs BPH | |
| Invesco DB Energy Fund | 31.66% | Jan 5, 2007 | USL vs DBE | |
| United States Gasoline Fund LP | 32.19% | Feb 26, 2008 | USL vs UGA | |
| Invesco DB Oil Fund | 35.96% | Jan 5, 2007 | USL vs DBO |
Lowest Drawdown Alternatives to USL
USL alternatives from the Oil & Gas category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco DB Energy Fund | -14.70% | Jan 5, 2007 | USL vs DBE | |
| United States Gasoline Fund LP | -15.53% | Feb 26, 2008 | USL vs UGA | |
| ProShares K-1 Free Crude Oil Strategy ETF | -17.35% | Sep 26, 2016 | USL vs OILK | |
| Invesco DB Oil Fund | -18.19% | Jan 5, 2007 | USL vs DBO | |
| United States Brent Oil Fund LP | -18.48% | Jun 2, 2010 | USL vs BNO |
Other ETFs from Concierge Technologies
Most popular Concierge Technologies ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| United States Copper Index Fund | Metals | 21 | -1.52% | Nov 15, 2011 | USL vs CPER | |
| United States Natural Gas Fund LP | Oil & Gas | 2 | -4.32% | Apr 18, 2007 | USL vs UNG | |
| United States Commodity Index Fund | Commodities | 86 | 22.82% | Aug 10, 2010 | USL vs USCI | |
| United States 12 Month Natural Gas Fund LP | Oil & Gas | 1 | -6.50% | Nov 18, 2009 | USL vs UNL |
Often Compared With USL
What investors most often compare with USL, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | Energy Equities | 73 | 37.91% | Dec 16, 1998 | USL vs XLE | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 85 | 7.93% | Jun 30, 2022 | USL vs FGDL | |
| SPDR S&P Homebuilders ETF | Building & Construction | 16 | -3.97% | Jan 31, 2006 | USL vs XHB | |
| Vanguard Energy ETF | Energy Equities | 77 | 38.21% | Sep 23, 2004 | USL vs VDE | |
| ConocoPhillips Company | 68 | 42.11% | — | USL vs COP | ||
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | USL vs VOO | |
| iShares Commodities Select Strategy ETF | Commodities, Actively Managed | 89 | 35.81% | Oct 15, 2014 | USL vs COMT | |
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | USL vs FTEC | |
| W&T Offshore, Inc. | 84 | 109.90% | — | USL vs WTI | ||
| ProShares Ultra Bloomberg Crude Oil | Leveraged Commodities, Leveraged | 48 | 103.42% | Nov 24, 2008 | USL vs UCO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | USL vs SPY |
Compare USL with Any Fund or Stock
Compare USL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.