DJTU vs. USO

Last updated Jun 5, 2026

DJTU (T-Rex 2X Long DJT Daily Target ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - DJTU is a Leveraged Equities fund tracking the Trump Media & Technology Group Corp. (DJT), while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past year, DJTU returned -92.27% vs 97.20% for USO. At a correlation of -0.04, they often move in opposite directions. DJTU charges 1.05%/yr vs 0.86%/yr for USO.

Performance

DJTU vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long DJT Daily Target ETF (DJTU) 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, DJTU achieves a -66.41% return, which is significantly lower than USO's 97.72% return.

DJTU

• 1D: 3.53%
• 1M: -11.41%
• YTD: -66.41%
• 6M: -63.54%
• 1Y: -92.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USO

• 1D: -2.92%
• 1M: -5.15%
• YTD: 97.72%
• 6M: 91.54%
• 1Y: 97.20%
• 3Y*: 28.78%
• 5Y*: 23.67%
• 10Y*: 3.57%

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

DJTU vs. USO - Yearly Performance Comparison

	2026 (YTD)	2025
DJTU T-Rex 2X Long DJT Daily Target ETF	-66.41%	-82.88%
USO United States Oil Fund LP	97.72%	-5.66%

Correlation

The correlation between DJTU and USO is -0.15, 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	-0.15
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	-0.04

The correlation between DJTU and USO shifts across timeframes, from -0.15 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DJTU vs. USO — Risk / Return Rank

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

DJTU

DJTU Risk / Return Rank: 1
DJTU Sharpe Ratio Rank: 3
DJTU Sortino Ratio Rank: 1
DJTU Omega Ratio Rank: 1
DJTU Calmar Ratio Rank: 0
DJTU Martin Ratio Rank: 2

USO

USO Risk / Return Rank: 66
USO Sharpe Ratio Rank: 68
USO Sortino Ratio Rank: 61
USO Omega Ratio Rank: 62
USO Calmar Ratio Rank: 86
USO Martin Ratio Rank: 54

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.

DJTU vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long DJT Daily Target ETF (DJTU) 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.

	DJTU	USO	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	2.21	-2.90
Sortino ratio: Return per unit of downside risk	-2.13	2.80	-4.93
Omega ratio: Gain probability vs. loss probability	0.77	1.37	-0.60
Calmar ratio: Return relative to maximum drawdown	-0.99	4.79	-5.78
Martin ratio: Return relative to average drawdown	-1.34	9.00	-10.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJTU vs. USO - Sharpe Ratio Comparison

The current DJTU Sharpe Ratio is -0.70, which is lower than the USO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of DJTU 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.

Sharpe Ratios by Period

	DJTU	USO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	2.21	-2.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	-0.18	-0.46

Drawdowns

DJTU vs. USO - Drawdown Comparison

The maximum DJTU drawdown since its inception was -95.98%, roughly equal to the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for DJTU and USO.

Drawdown Indicators

	DJTU	USO	Difference
Max Drawdown Largest peak-to-trough decline	-95.98%	-98.19%	+2.21%
Max Drawdown (1Y) Largest decline over 1 year	-93.12%	-20.39%	-72.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.05%	—
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	-95.13%	-85.45%	-9.68%
Average Drawdown Average peak-to-trough decline	-67.50%	-75.30%	+7.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.42%	10.84%	+59.58%

Volatility

DJTU vs. USO - Volatility Comparison

T-Rex 2X Long DJT Daily Target ETF (DJTU) has a higher volatility of 26.75% compared to United States Oil Fund LP (USO) at 14.97%. This indicates that DJTU's price experiences larger fluctuations and is considered to be riskier than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJTU	USO	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.75%	14.97%	+11.78%
Volatility (6M) Calculated over the trailing 6-month period	103.96%	38.35%	+65.61%
Volatility (1Y) Calculated over the trailing 1-year period	132.84%	44.32%	+88.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.70%	36.09%	+104.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	140.70%	39.00%	+101.70%

DJTU vs. USO - Expense Ratio Comparison

DJTU has a 1.05% expense ratio, which is higher than USO's 0.86% expense ratio.

Dividends

DJTU vs. USO - Dividend Comparison

Neither DJTU nor USO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DJTU and USO in my portfolio?

DJTU and USO have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DJTU or USO?

DJTU has higher volatility (26.75%) compared to USO (14.97%). In terms of maximum drawdown, DJTU dropped -95.98% vs USO's -98.19%.

Which ETF is better, DJTU or USO?

On 1-year performance, USO leads with 97.20% vs -92.27% for DJTU. On fees, USO is cheaper at 0.86% per year. On volatility, USO has been the lower-risk option at 14.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DJTU or USO?

Over the 1-year period, USO has performed better with a 97.20% return vs -92.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DJTU or USO?

USO is cheaper with a 0.86% expense ratio, compared with 1.05% for DJTU.

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

DJTU and USO have nearly identical dividend yields, around 0.00%.

What is the main difference between DJTU and USO?

DJTU is categorized as Leveraged Equities, while USO is Oil & Gas. DJTU tracks Trump Media & Technology Group Corp. (DJT), while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: T-Rex and USCF. Their fees differ too: 1.05% for DJTU and 0.86% for USO.

Which has better risk-adjusted returns?

USO currently has the higher Sharpe Ratio (2.21 vs -0.70), 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.