JIVE vs. USO
JIVE (Jpmorgan International Value ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. JIVE is actively managed, while USO is passively managed. Over the past year, JIVE returned 42.79% vs 101.55% for USO. At a correlation of -0.03, they often move in opposite directions. JIVE charges 0.55%/yr vs 0.86%/yr for USO.
Performance
JIVE vs. USO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JIVE achieves a 15.75% return, which is significantly lower than USO's 103.67% return.
JIVE
- 1D
- -1.02%
- 1M
- 4.12%
- YTD
- 15.75%
- 6M
- 20.07%
- 1Y
- 42.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
JIVE vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JIVE Jpmorgan International Value ETF | 15.75% | 49.80% | 11.22% | 5.38% |
USO United States Oil Fund LP | 103.67% | -8.46% | 13.35% | -17.84% |
Correlation
The correlation between JIVE and USO is -0.31, 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 | -0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | -0.03 |
Over the past year, the inverse relationship between JIVE and USO has strengthened: their correlation has moved from -0.03 to -0.31, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JIVE vs. USO — Risk / Return Rank
JIVE
USO
JIVE vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) 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.
| JIVE | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.38 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 5.01 | -0.94 |
| Martin ratioReturn relative to average drawdown | 15.74 | 9.42 | +6.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JIVE | USO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.98 | 2.31 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.01 | -0.18 | +2.18 |
Drawdowns
JIVE vs. USO - Drawdown Comparison
The maximum JIVE drawdown since its inception was -13.79%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for JIVE and USO.
Loading charts...
Drawdown Indicators
| JIVE | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.79% | -98.19% | +84.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -20.39% | +9.82% |
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 DrawdownCurrent decline from peak | -1.02% | -85.01% | +83.99% |
Average DrawdownAverage peak-to-trough decline | -1.96% | -75.30% | +73.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 10.82% | -8.09% |
Volatility
JIVE vs. USO - Volatility Comparison
The current volatility for Jpmorgan International Value ETF (JIVE) is 4.93%, while United States Oil Fund LP (USO) has a volatility of 14.87%. This indicates that JIVE 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.
Loading charts...
Volatility by Period
| JIVE | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 14.87% | -9.94% |
Volatility (6M)Calculated over the trailing 6-month period | 11.99% | 38.23% | -26.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.46% | 44.20% | -29.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 36.06% | -21.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 39.00% | -24.03% |
JIVE vs. USO - Expense Ratio Comparison
JIVE has a 0.55% expense ratio, which is lower than USO's 0.86% expense ratio.
Dividends
JIVE vs. USO - Dividend Comparison
JIVE's dividend yield for the trailing twelve months is around 2.48%, while USO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JIVE Jpmorgan International Value ETF | 2.48% | 2.88% | 2.48% | 0.74% |
USO United States Oil Fund LP | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JIVE and USO have a correlation of -0.31, 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 JIVE (4.93%). In terms of maximum drawdown, JIVE dropped -13.79% vs USO's -98.19%.
On 1-year performance, USO leads with 101.55% vs 42.79% for JIVE. On fees, JIVE is cheaper at 0.55% per year. On volatility, JIVE has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USO has performed better with a 101.55% return vs 42.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JIVE is cheaper with a 0.55% expense ratio, compared with 0.86% for USO.
JIVE has the higher dividend yield at 2.48%, compared with 0.00% for USO.
JIVE is categorized as Foreign Large Cap Equities, while USO is Oil & Gas. They also come from different issuers: JPMorgan and USCF. Their fees differ too: 0.55% for JIVE and 0.86% for USO.
JIVE currently has the higher Sharpe Ratio (2.98 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.
Find the right allocation for JIVE and USO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer