BBB vs. USO

Last updated Jul 14, 2026

BBB (CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - BBB is a Diversified Portfolio fund tracking the S&P 500 and S&P Bitcoin 75/25 Blend Index, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past year, BBB returned -0.63% vs 52.40% for USO. At a correlation of -0.03, they often move in opposite directions. BBB charges 0.98%/yr vs 0.86%/yr for USO.

Performance

BBB vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBB achieves a -0.51% return, which is significantly lower than USO's 70.32% return.

BBB

• 1D: -1.27%
• 1M: 0.28%
• 6M: -2.86%
• YTD: -0.51%
• 1Y: -0.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USO

• 1D: 8.36%
• 1M: -6.09%
• 6M: 64.40%
• YTD: 70.32%
• 1Y: 52.40%
• 3Y*: 20.41%
• 5Y*: 18.84%
• 10Y*: 2.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBB vs. USO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBB CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF	-0.51%	9.73%	38.82%	-0.86%
USO United States Oil Fund LP	70.32%	-8.46%	13.35%	-3.29%

Correlation

The correlation between BBB and USO is -0.18, 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	-0.18
Correlation (All Time) Calculated using the full available price history since Dec 28, 2023	-0.03

The correlation between BBB and USO shifts across timeframes, from -0.18 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BBB vs. USO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBB

BBB Risk / Return Rank: 9
BBB Sharpe Ratio Rank: 9
BBB Sortino Ratio Rank: 9
BBB Omega Ratio Rank: 8
BBB Calmar Ratio Rank: 9
BBB Martin Ratio Rank: 9

USO

USO Risk / Return Rank: 41
USO Sharpe Ratio Rank: 41
USO Sortino Ratio Rank: 45
USO Omega Ratio Rank: 43
USO Calmar Ratio Rank: 40
USO Martin Ratio Rank: 36

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.

BBB vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBB	USO	Difference
Sharpe ratio: Return per unit of total volatility	-0.04	1.17	-1.21
Sortino ratio: Return per unit of downside risk	0.08	1.84	-1.76
Omega ratio: Gain probability vs. loss probability	1.01	1.23	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.04	1.62	-1.66
Martin ratio: Return relative to average drawdown	-0.09	4.37	-4.45

BBB vs. USO - Sharpe Ratio Comparison

The current BBB Sharpe Ratio is -0.04, which is lower than the USO Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of BBB 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.

Drawdowns

BBB vs. USO - Drawdown Comparison

The maximum BBB drawdown since its inception was -21.98%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for BBB and USO.

Drawdown Indicators

	BBB	USO	Difference
Max Drawdown Largest peak-to-trough decline	-21.98%	-98.19%	+76.21%
Max Drawdown (1Y) Largest decline over 1 year	-17.74%	-32.49%	+14.75%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-86.75%	—
Current Drawdown Current decline from peak	-7.56%	-87.47%	+79.91%
Average Drawdown Average peak-to-trough decline	-4.56%	-75.35%	+70.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.41%	12.04%	-4.63%

Volatility

BBB vs. USO - Volatility Comparison

The current volatility for CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) is 4.99%, while United States Oil Fund LP (USO) has a volatility of 14.93%. This indicates that BBB 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.

Volatility by Period

	BBB	USO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	14.93%	-9.94%
Volatility (6M) Calculated over the trailing 6-month period	13.88%	40.72%	-26.84%
Volatility (1Y) Calculated over the trailing 1-year period	18.00%	44.98%	-26.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.89%	36.69%	-14.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	39.07%	-17.18%

BBB vs. USO - Expense Ratio Comparison

BBB has a 0.98% expense ratio, which is higher than USO's 0.86% expense ratio.

Dividends

BBB vs. USO - Dividend Comparison

BBB's dividend yield for the trailing twelve months is around 0.16%, while USO has not paid dividends to shareholders.

Position	TTM	2025	2024
BBB CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF	0.16%	0.21%	6.74%
USO United States Oil Fund LP	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBB and USO in my portfolio?

BBB and USO have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBB or USO?

USO has higher volatility (14.93%) compared to BBB (4.99%). In terms of maximum drawdown, BBB dropped -21.98% vs USO's -98.19%.

Which ETF is better, BBB or USO?

On 1-year performance, USO leads with 52.40% vs -0.63% for BBB. On fees, USO is cheaper at 0.86% per year. On volatility, BBB has been the lower-risk option at 4.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBB or USO?

Over the 1-year period, USO has performed better with a 52.40% return vs -0.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBB or USO?

USO is cheaper with a 0.86% expense ratio, compared with 0.98% for BBB.

Which ETF pays a higher dividend yield, BBB or USO?

BBB has the higher dividend yield at 0.16%, compared with 0.00% for USO.

What is the main difference between BBB and USO?

BBB is categorized as Diversified Portfolio, while USO is Oil & Gas. BBB tracks S&P 500 and S&P Bitcoin 75/25 Blend Index, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: CYBER HORNET and USCF. Their fees differ too: 0.98% for BBB and 0.86% for USO.

Which has better risk-adjusted returns?

USO currently has the higher Sharpe Ratio (1.17 vs -0.04), 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.