LEU vs. USO
LEU (Centrus Energy Corp.) is a stock, while USO (United States Oil Fund LP) is Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Over the past 10 years, LEU returned 49.65%/yr vs 5.64%/yr for USO. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
LEU vs. USO - Performance Comparison
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Returns By Period
In the year-to-date period, LEU achieves a -27.12% return, which is significantly lower than USO's 86.77% return. Over the past 10 years, LEU has outperformed USO with an annualized return of 49.65%, while USO has yielded a comparatively lower 5.64% annualized return.
LEU
- 1D
- 0.10%
- 1M
- 9.13%
- 6M
- -36.42%
- YTD
- -27.12%
- 1Y
- -15.07%
- 3Y*
- 68.38%
- 5Y*
- 50.14%
- 10Y*
- 49.65%
- ALL TIME*
- -8.54%
USO
- 1D
- 1.33%
- 1M
- 24.23%
- 6M
- 62.44%
- YTD
- 86.77%
- 1Y
- 66.76%
- 3Y*
- 20.97%
- 5Y*
- 20.59%
- 10Y*
- 5.64%
- ALL TIME*
- -6.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $119.87M | $138.14M | $155.66M | |
| $968.42M | $871.56M | $931.57M |
LEU vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEU Centrus Energy Corp. | -27.12% | 264.45% | 22.42% | 67.52% | -34.92% | 115.78% | 236.19% | 307.10% | -57.86% | -37.15% |
USO United States Oil Fund LP | 86.77% | -8.46% | 13.35% | -4.94% | 28.97% | 64.68% | -67.79% | 32.61% | -19.57% | 2.47% |
Correlation
The correlation between LEU and USO is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2006 | 0.16 |
The correlation between LEU and USO shifts across timeframes, from -0.12 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LEU vs. USO — Risk / Return Rank
LEU
USO
LEU vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Centrus Energy Corp. (LEU) 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.
| LEU | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.25 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 1.93 | -2.20 |
| Martin ratioReturn relative to average drawdown | -0.40 | 5.60 | -6.00 |
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Drawdowns
LEU vs. USO - Drawdown Comparison
The maximum LEU drawdown since its inception was -99.98%, roughly equal to the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for LEU and USO.
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Drawdown Indicators
| LEU | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -98.19% | -1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -66.37% | -32.49% | -33.88% |
Max Drawdown (3Y)Largest decline over 3 years | -66.37% | -32.49% | -33.88% |
Max Drawdown (5Y)Largest decline over 5 years | -78.23% | -36.23% | -42.00% |
Max Drawdown (10Y)Largest decline over 10 years | -83.84% | -86.75% | +2.91% |
Current DrawdownCurrent decline from peak | -97.39% | -86.26% | -11.13% |
Average DrawdownAverage peak-to-trough decline | -74.09% | -75.38% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.26% | 12.03% | +32.23% |
Volatility
LEU vs. USO - Volatility Comparison
Centrus Energy Corp. (LEU) has a higher volatility of 24.64% compared to United States Oil Fund LP (USO) at 17.73%. This indicates that LEU'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.
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Volatility by Period
| LEU | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.64% | 17.73% | +6.91% |
Volatility (6M)Calculated over the trailing 6-month period | 63.47% | 42.79% | +20.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.07% | 46.91% | +45.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.95% | 37.06% | +49.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.61% | 39.29% | +43.32% |
Dividends
LEU vs. USO - Dividend Comparison
Neither LEU nor USO has paid dividends to shareholders.
Frequently Asked Questions
LEU and USO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LEU has higher volatility (24.64%) compared to USO (17.73%). In terms of maximum drawdown, LEU dropped -99.98% vs USO's -98.19%.
USO currently has the higher Sharpe Ratio (1.34 vs -0.19), 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.
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