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
| ISIN | US91232N2071 |
|---|---|
| CUSIP | 00091232N207 |
| Issuer | Concierge Technologies |
| Inception Date | Apr 10, 2006 |
| Category | Oil & Gas |
| Index Tracked | Front Month Light Sweet Crude Oil |
| Home Page | www.uscfinvestments.com |
| Asset Class | Commodity |
Expense Ratio
USO has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: USO vs. UCO, USO vs. USOI, USO vs. USL, USO vs. BNO, USO vs. XLE, USO vs. DBO, USO vs. OILK, USO vs. MOS, USO vs. SPY, USO vs. VOO
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 17.60% year-to-date (YTD) and 17.78% in the last 12 months. Over the past 10 years, United States Oil Fund LP had an annualized return of -12.30%, while the S&P 500 had an annualized return of 10.37%, indicating that United States Oil Fund LP did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 17.60% | 5.57% |
| 1 month | -0.44% | -4.16% |
| 6 months | 4.48% | 20.07% |
| 1 year | 17.78% | 20.82% |
| 5 years (annualized) | -5.25% | 11.56% |
| 10 years (annualized) | -12.30% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6.41% | 3.44% | 7.32% | |||||||||
| 2023 | -7.22% | -6.50% | -4.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of USO is 34, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
United States Oil Fund LP(USO)
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.
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 91.66%.
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 4.94%, 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.