United States Oil Fund LP (USO)
USO is a passive ETF by Concierge Technologies tracking the investment results of the Front Month Light Sweet Crude Oil. USO launched on Apr 10, 2006 and has a 0.79% expense ratio.
ETF Info
US91232N2071
00091232N207
Apr 10, 2006
1x
Front Month Light Sweet Crude Oil
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in United States Oil Fund LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
United States Oil Fund LP had a return of 8.06% year-to-date (YTD) and -0.70% in the last 12 months. Over the past 10 years, United States Oil Fund LP had an annualized return of -11.09%, while the S&P 500 had an annualized return of 11.13%, indicating that United States Oil Fund LP did not perform as well as the benchmark.
USO
8.06%
-0.33%
-3.81%
-0.70%
-5.78%
-11.09%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of USO, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.41% | 3.44% | 7.32% | -0.44% | -4.54% | 6.38% | -2.32% | -4.37% | -5.95% | 4.52% | 8.06% | ||
| 2023 | -1.13% | -3.04% | -1.15% | 1.60% | -10.18% | 4.82% | 15.14% | 2.58% | 7.73% | -7.22% | -6.50% | -4.98% | -4.94% |
| 2022 | 14.94% | 8.00% | 9.84% | 4.10% | 10.77% | -5.99% | -2.86% | -6.33% | -10.71% | 9.57% | -1.82% | -0.17% | 28.97% |
| 2021 | 6.57% | 17.42% | -1.89% | 6.76% | 4.97% | 9.82% | 1.56% | -5.17% | 9.41% | 8.73% | -16.17% | 13.46% | 64.68% |
| 2020 | -15.38% | -12.82% | -55.45% | -43.23% | 35.36% | 8.42% | 3.60% | 5.19% | -7.49% | -10.75% | 22.65% | 6.59% | -67.79% |
| 2019 | 17.49% | 5.29% | 4.60% | 6.32% | -16.48% | 8.47% | 0.00% | -4.82% | -1.05% | -0.35% | 2.83% | 10.24% | 32.61% |
| 2018 | 8.08% | -4.70% | 5.82% | 5.42% | -1.81% | 11.14% | -5.18% | 3.01% | 5.51% | -11.15% | -22.19% | -9.97% | -19.57% |
| 2017 | -3.41% | 1.15% | -7.07% | -3.76% | -2.73% | -4.62% | 8.21% | -6.32% | 8.31% | 4.79% | 4.94% | 4.71% | 2.47% |
| 2016 | -12.27% | -6.74% | 7.78% | 16.49% | 5.04% | -2.53% | -15.64% | 6.15% | 5.50% | -3.66% | 3.80% | 7.23% | 6.55% |
| 2015 | -12.48% | 1.57% | -6.96% | 21.79% | -0.98% | -2.12% | -21.58% | 1.92% | -7.61% | 0.89% | -12.69% | -14.93% | -45.97% |
| 2014 | -1.47% | 5.57% | -0.41% | -0.74% | 3.74% | 3.18% | -6.60% | -1.53% | -3.78% | -10.99% | -16.49% | -20.41% | -42.36% |
| 2013 | 5.72% | -6.29% | 5.11% | -4.58% | -1.66% | 4.81% | 9.30% | 3.00% | -4.24% | -5.86% | -3.55% | 5.56% | 5.84% |
Expense Ratio
USO features an expense ratio of 0.79%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of USO is 7, indicating that it is in the bottom 7% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for United States Oil Fund LP (USO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the United States 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 Oil Fund LP was 98.19%, occurring on Apr 28, 2020. The portfolio has not yet recovered.
The current United States Oil Fund LP drawdown is 92.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.19% | Jul 15, 2008 | 2968 | Apr 28, 2020 | — | — | — |
| -40.98% | Jul 14, 2006 | 129 | Jan 18, 2007 | 199 | Oct 31, 2007 | 328 |
| -12.04% | Jan 3, 2008 | 24 | Feb 6, 2008 | 8 | Feb 19, 2008 | 32 |
| -11.18% | Nov 21, 2007 | 10 | Dec 5, 2007 | 18 | Jan 2, 2008 | 28 |
| -10.48% | Apr 24, 2006 | 36 | Jun 13, 2006 | 21 | Jul 13, 2006 | 57 |
Volatility
Volatility Chart
The current United States Oil Fund LP volatility is 9.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.