NSRGY vs. USO

Last updated Jul 30, 2026

NSRGY (Nestlé S.A.) 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, NSRGY returned 5.78%/yr vs 5.17%/yr for USO. Their 0.11 correlation means their historical movements had little consistent relationship.

Performance

NSRGY vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nestlé S.A. (NSRGY) 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, NSRGY achieves a 7.21% return, which is significantly lower than USO's 86.97% return. Over the past 10 years, NSRGY has outperformed USO with an annualized return of 5.78%, while USO has yielded a comparatively lower 5.17% annualized return.

NSRGY

• 1D: 1.37%
• 1M: -2.68%
• 6M: 13.04%
• YTD: 7.21%
• 1Y: 17.97%
• 3Y*: -2.88%
• 5Y*: -1.32%
• 10Y*: 5.78%
• ALL TIME*: 3.23%

USO

• 1D: 7.32%
• 1M: 20.76%
• 6M: 68.77%
• YTD: 86.97%
• 1Y: 62.04%
• 3Y*: 21.50%
• 5Y*: 20.61%
• 10Y*: 5.17%
• ALL TIME*: -6.85%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NSRGY Nestlé S.A.	$43.39M	$55.54M	$45.44M
USO United States Oil Fund LP	$988.06M	$857.32M	$960.11M

NSRGY vs. USO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NSRGY Nestlé S.A.	7.21%	24.80%	-27.05%	2.88%	-15.94%	22.32%	11.63%	37.26%	-2.74%	27.45%
USO United States Oil Fund LP	86.97%	-8.46%	13.35%	-4.94%	28.97%	64.68%	-67.79%	32.61%	-19.57%	2.47%

Correlation

The correlation between NSRGY and USO is -0.18, 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.	-0.18
Correlation (3Y) Balances recent behavior with more history.	-0.17
Correlation (5Y) Shows whether the relationship held over a longer period.	-0.08
Correlation (10Y) Provides a long-term view across more market conditions.	0.01
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007	0.11

The correlation between NSRGY and USO shifts across timeframes, from -0.18 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NSRGY vs. USO — Risk / Return Rank

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

NSRGY

NSRGY Risk / Return Rank: 69
NSRGY Sharpe Ratio Rank: 71
NSRGY Sortino Ratio Rank: 67
NSRGY Omega Ratio Rank: 66
NSRGY Calmar Ratio Rank: 71
NSRGY Martin Ratio Rank: 70

USO

USO Risk / Return Rank: 53
USO Sharpe Ratio Rank: 55
USO Sortino Ratio Rank: 58
USO Omega Ratio Rank: 55
USO Calmar Ratio Rank: 54
USO Martin Ratio Rank: 44

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.

NSRGY vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nestlé S.A. (NSRGY) 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.

	NSRGY	USO	Difference
Sharpe ratio: Return per unit of total volatility	0.78	1.33	-0.55
Sortino ratio: Return per unit of downside risk	1.29	1.98	-0.69
Omega ratio: Gain probability vs. loss probability	1.16	1.24	-0.08
Calmar ratio: Return relative to maximum drawdown	1.28	1.92	-0.64
Martin ratio: Return relative to average drawdown	2.71	4.93	-2.22

NSRGY vs. USO - Sharpe Ratio Comparison

The current NSRGY Sharpe Ratio is 0.78, which is lower than the USO Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of NSRGY 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

NSRGY vs. USO - Drawdown Comparison

The maximum NSRGY drawdown since its inception was -75.68%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for NSRGY and USO.

Drawdown Indicators

	NSRGY	USO	Difference
Max Drawdown Largest peak-to-trough decline	-75.68%	-98.19%	+22.51%
Max Drawdown (1Y) Largest decline over 1 year	-14.10%	-32.49%	+18.39%
Max Drawdown (3Y) Largest decline over 3 years	-32.45%	-32.49%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-38.24%	-36.23%	-2.01%
Max Drawdown (10Y) Largest decline over 10 years	-38.24%	-86.75%	+48.51%
Current Drawdown Current decline from peak	-16.03%	-86.24%	+70.21%
Average Drawdown Average peak-to-trough decline	-24.10%	-75.37%	+51.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.66%	12.63%	-5.97%

Volatility

NSRGY vs. USO - Volatility Comparison

The current volatility for Nestlé S.A. (NSRGY) is 9.62%, while United States Oil Fund LP (USO) has a volatility of 18.10%. This indicates that NSRGY 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

	NSRGY	USO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.62%	18.10%	-8.48%
Volatility (6M) Calculated over the trailing 6-month period	17.15%	42.84%	-25.69%
Volatility (1Y) Calculated over the trailing 1-year period	23.19%	46.99%	-23.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.37%	37.06%	-16.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.58%	39.31%	-20.73%

Dividends

NSRGY vs. USO - Dividend Comparison

NSRGY's dividend yield for the trailing twelve months is around 3.94%, while USO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NSRGY Nestlé S.A.	3.94%	3.44%	4.01%	2.86%	2.57%	2.18%	2.34%	2.28%	3.12%	5.64%	6.54%	3.13%
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

Can I hold both NSRGY and USO in my portfolio?

NSRGY 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, NSRGY or USO?

USO has higher volatility (18.10%) compared to NSRGY (9.62%). In terms of maximum drawdown, NSRGY dropped -75.68% vs USO's -98.19%.

Which has better risk-adjusted returns?

USO currently has the higher Sharpe Ratio (1.33 vs 0.78), 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.