LLY vs. USO
LLY (Eli Lilly and Company) 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, LLY returned 32.12%/yr vs 5.64%/yr for USO. Their 0.09 correlation means their historical movements had little consistent relationship.
Performance
LLY vs. USO - Performance Comparison
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Returns By Period
In the year-to-date period, LLY achieves a 7.26% return, which is significantly lower than USO's 86.77% return. Over the past 10 years, LLY has outperformed USO with an annualized return of 32.12%, while USO has yielded a comparatively lower 5.64% annualized return.
LLY
- 1D
- -0.53%
- 1M
- -3.60%
- 6M
- 11.14%
- YTD
- 7.26%
- 1Y
- 56.33%
- 3Y*
- 37.33%
- 5Y*
- 37.67%
- 10Y*
- 32.12%
- ALL TIME*
- 16.04%
USO
- 1D
- 1.33%
- 1M
- 25.08%
- 6M
- 62.44%
- YTD
- 86.77%
- 1Y
- 62.29%
- 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) |
|---|---|---|---|
| $2.62B | $2.84B | $3.35B | |
| $968.42M | $871.56M | $931.57M |
LLY vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 7.26% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
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 LLY and USO is -0.22, 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. | -0.22 |
Correlation (3Y) Balances recent behavior with more history. | -0.09 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2006 | 0.09 |
The correlation between LLY and USO shifts across timeframes, from -0.22 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LLY vs. USO — Risk / Return Rank
LLY
USO
LLY vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eli Lilly and Company (LLY) 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.
| LLY | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 1.93 | +0.51 |
| Martin ratioReturn relative to average drawdown | 6.60 | 5.60 | +1.01 |
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Drawdowns
LLY vs. USO - Drawdown Comparison
The maximum LLY drawdown since its inception was -68.24%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for LLY and USO.
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Drawdown Indicators
| LLY | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.24% | -98.19% | +29.95% |
Max Drawdown (1Y)Largest decline over 1 year | -23.18% | -32.49% | +9.31% |
Max Drawdown (3Y)Largest decline over 3 years | -34.48% | -32.49% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -36.23% | +1.75% |
Max Drawdown (10Y)Largest decline over 10 years | -34.48% | -86.75% | +52.27% |
Current DrawdownCurrent decline from peak | -7.02% | -86.26% | +79.24% |
Average DrawdownAverage peak-to-trough decline | -19.17% | -75.38% | +56.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 12.03% | -3.47% |
Volatility
LLY vs. USO - Volatility Comparison
The current volatility for Eli Lilly and Company (LLY) is 8.88%, while United States Oil Fund LP (USO) has a volatility of 17.73%. This indicates that LLY 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
| LLY | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.88% | 17.73% | -8.85% |
Volatility (6M)Calculated over the trailing 6-month period | 27.69% | 42.79% | -15.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.37% | 46.91% | -8.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.64% | 37.06% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.37% | 39.29% | -8.92% |
Dividends
LLY vs. USO - Dividend Comparison
LLY's dividend yield for the trailing twelve months is around 0.56%, while USO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.56% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
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% | 0.00% |
Frequently Asked Questions
LLY and USO have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USO has higher volatility (17.73%) compared to LLY (8.88%). In terms of maximum drawdown, LLY dropped -68.24% vs USO's -98.19%.
LLY currently has the higher Sharpe Ratio (1.48 vs 1.34), 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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