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AIVC vs. USO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AIVC vs. USO

Last updated Jun 4, 2026

AIVC (Amplify Bloomberg AI Value Chain ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past 10 years, AIVC returned 17.12%/yr vs 4.07%/yr for USO. At a 0.14 correlation, their price movements are largely independent. AIVC charges 0.59%/yr vs 0.86%/yr for USO.

Performance

AIVC vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bloomberg AI Value Chain ETF (AIVC) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AIVC achieves a 79.45% return, which is significantly lower than USO's 103.67% return. Over the past 10 years, AIVC has outperformed USO with an annualized return of 17.12%, while USO has yielded a comparatively lower 4.07% annualized return.

AIVC

1D
-1.33%
1M
30.74%
YTD
79.45%
6M
79.35%
1Y
151.70%
3Y*
51.42%
5Y*
20.46%
10Y*
17.12%

USO

1D
2.62%
1M
-4.57%
YTD
103.67%
6M
99.35%
1Y
101.55%
3Y*
29.98%
5Y*
24.41%
10Y*
4.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AIVC vs. USO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AIVC
Amplify Bloomberg AI Value Chain ETF		79.45%39.94%18.22%39.28%-38.91%-7.23%41.45%27.78%-18.62%35.42%
USO
United States Oil Fund LP		103.67%-8.46%13.35%-4.94%28.97%64.68%-67.79%32.61%-19.57%2.47%

Correlation

The correlation between AIVC and USO is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.25

Correlation (3Y)
Calculated over the trailing 3-year period

-0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.06

Correlation (10Y)
Calculated over the trailing 10-year period

0.14

Correlation (All Time)
Calculated using the full available price history since Mar 10, 2016

0.14

The correlation between AIVC and USO shifts across timeframes, from -0.25 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amplify Bloomberg AI Value Chain ETF

United States Oil Fund LP

Often compared with AIVC:
AIVC vs. AISAIVC vs. GINNAIVC vs. SMHAIVC vs. TCAIAIVC vs. PXQAIVC vs. CHPSAIVC vs. GAMR
Often compared with USO:
USO vs. XLEUSO vs. BNOUSO vs. UCOUSO vs. USLUSO vs. OILKUSO vs. DBOUSO vs. WTI

Return for Risk

AIVC vs. USO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AIVC
AIVC Risk / Return Rank: 9696
Overall Rank
AIVC Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
AIVC Sortino Ratio Rank: 9595
Sortino Ratio Rank
AIVC Omega Ratio Rank: 9494
Omega Ratio Rank
AIVC Calmar Ratio Rank: 9797
Calmar Ratio Rank
AIVC Martin Ratio Rank: 9696
Martin Ratio Rank
USO
USO Risk / Return Rank: 6666
Overall Rank
USO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
USO Sortino Ratio Rank: 6060
Sortino Ratio Rank
USO Omega Ratio Rank: 6161
Omega Ratio Rank
USO Calmar Ratio Rank: 8787
Calmar Ratio Rank
USO Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIVC vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and United States Oil Fund LP (USO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

AIVCUSODifference
Sharpe ratioReturn per unit of total volatility
5.14
2.31

+2.83

Sortino ratioReturn per unit of downside risk
5.21
2.89

+2.32

Omega ratioGain probability vs. loss probability

1.69

1.38

+0.31

Calmar ratioReturn relative to maximum drawdown

10.82

5.01

+5.81

Martin ratioReturn relative to average drawdown

36.63

9.42

+27.21

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIVC vs. USO - Sharpe Ratio Comparison

The current AIVC Sharpe Ratio is 5.14, which is higher than the USO Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of AIVC and USO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AIVCUSODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.14

2.31

+2.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.68

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.10

+0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

-0.18

+0.82

Drawdowns

AIVC vs. USO - Drawdown Comparison

The maximum AIVC drawdown since its inception was -56.11%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for AIVC and USO.

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Drawdown Indicators

AIVCUSODifference

Max Drawdown

Largest peak-to-trough decline

-56.11%

-98.19%

+42.08%

Max Drawdown (1Y)

Largest decline over 1 year

-14.11%

-20.39%

+6.28%

Max Drawdown (3Y)

Largest decline over 3 years

-32.55%

-26.05%

-6.50%

Max Drawdown (5Y)

Largest decline over 5 years

-53.58%

-36.23%

-17.35%

Max Drawdown (10Y)

Largest decline over 10 years

-56.11%

-86.75%

+30.64%

Current Drawdown

Current decline from peak

-1.33%

-85.01%

+83.68%

Average Drawdown

Average peak-to-trough decline

-16.43%

-75.30%

+58.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.16%

10.82%

-6.66%

Volatility

AIVC vs. USO - Volatility Comparison

The current volatility for Amplify Bloomberg AI Value Chain ETF (AIVC) is 11.07%, while United States Oil Fund LP (USO) has a volatility of 14.87%. This indicates that AIVC experiences smaller price fluctuations and is considered to be less risky than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AIVCUSODifference

Volatility (1M)

Calculated over the trailing 1-month period

11.07%

14.87%

-3.80%

Volatility (6M)

Calculated over the trailing 6-month period

23.72%

38.23%

-14.51%

Volatility (1Y)

Calculated over the trailing 1-year period

29.71%

44.20%

-14.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.20%

36.06%

-5.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.93%

39.00%

-12.07%

AIVC vs. USO - Expense Ratio Comparison

AIVC has a 0.59% expense ratio, which is lower than USO's 0.86% expense ratio.

Dividends

AIVC vs. USO - Dividend Comparison

AIVC's dividend yield for the trailing twelve months is around 0.10%, while USO has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019201820172016
AIVC
Amplify Bloomberg AI Value Chain ETF		0.10%0.17%0.21%0.00%0.00%0.00%0.39%1.16%0.38%0.92%0.64%
USO
United States Oil Fund LP		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

AIVC and USO have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

USO has higher volatility (14.87%) compared to AIVC (11.07%). In terms of maximum drawdown, AIVC dropped -56.11% vs USO's -98.19%.

On 10-year performance, AIVC leads with 17.12% vs 4.07% for USO. On fees, AIVC is cheaper at 0.59% per year. On volatility, AIVC has been the lower-risk option at 11.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, AIVC has performed better with a 17.12% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AIVC is cheaper with a 0.59% expense ratio, compared with 0.86% for USO.

AIVC has the higher dividend yield at 0.10%, compared with 0.00% for USO.

AIVC is categorized as Technology Equities, while USO is Oil & Gas. AIVC tracks Bloomberg AI Value Chain Index, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: Amplify and USCF. Their fees differ too: 0.59% for AIVC and 0.86% for USO.

AIVC currently has the higher Sharpe Ratio (5.14 vs 2.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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