RDVY vs. USO

Last updated Jun 6, 2026

RDVY (First Trust Rising Dividend Achievers ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - RDVY is a Large Cap Blend Equities fund tracking the NASDAQ US Rising Dividend Achievers, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past 10 years, RDVY returned 15.43%/yr vs 3.13%/yr for USO. At a 0.24 correlation, their price movements are largely independent. RDVY charges 0.50%/yr vs 0.86%/yr for USO.

Performance

RDVY vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Rising Dividend Achievers ETF (RDVY) 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, RDVY achieves a 9.04% return, which is significantly lower than USO's 92.34% return. Over the past 10 years, RDVY has outperformed USO with an annualized return of 15.43%, while USO has yielded a comparatively lower 3.13% annualized return.

RDVY

• 1D: -1.82%
• 1M: 0.05%
• YTD: 9.04%
• 6M: 9.66%
• 1Y: 25.81%
• 3Y*: 19.70%
• 5Y*: 10.85%
• 10Y*: 15.43%

USO

• 1D: -2.72%
• 1M: -0.69%
• YTD: 92.34%
• 6M: 84.96%
• 1Y: 90.22%
• 3Y*: 27.76%
• 5Y*: 22.99%
• 10Y*: 3.13%

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

RDVY vs. USO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDVY First Trust Rising Dividend Achievers ETF	9.04%	18.90%	16.41%	20.38%	-13.27%	31.14%	13.47%	37.71%	-9.92%	22.75%
USO United States Oil Fund LP	92.34%	-8.46%	13.35%	-4.94%	28.97%	64.68%	-67.79%	32.61%	-19.57%	2.47%

Correlation

The correlation between RDVY and USO is -0.29, 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	-0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 8, 2014	0.24

The correlation between RDVY and USO shifts across timeframes, from -0.29 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RDVY vs. USO — Risk / Return Rank

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

RDVY

RDVY Risk / Return Rank: 59
RDVY Sharpe Ratio Rank: 55
RDVY Sortino Ratio Rank: 57
RDVY Omega Ratio Rank: 54
RDVY Calmar Ratio Rank: 60
RDVY Martin Ratio Rank: 67

USO

USO Risk / Return Rank: 63
USO Sharpe Ratio Rank: 62
USO Sortino Ratio Rank: 58
USO Omega Ratio Rank: 58
USO Calmar Ratio Rank: 84
USO Martin Ratio Rank: 51

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.

RDVY vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Rising Dividend Achievers ETF (RDVY) 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.

	RDVY	USO	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.04	-0.21
Sortino ratio: Return per unit of downside risk	2.62	2.66	-0.04
Omega ratio: Gain probability vs. loss probability	1.32	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	2.87	4.45	-1.58
Martin ratio: Return relative to average drawdown	12.05	8.33	+3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDVY vs. USO - Sharpe Ratio Comparison

The current RDVY Sharpe Ratio is 1.83, which is comparable to the USO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of RDVY 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

	RDVY	USO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.04	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.64	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.08	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	-0.18	+0.84

Drawdowns

RDVY vs. USO - Drawdown Comparison

The maximum RDVY drawdown since its inception was -40.60%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for RDVY and USO.

Drawdown Indicators

	RDVY	USO	Difference
Max Drawdown Largest peak-to-trough decline	-40.60%	-98.19%	+57.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	-20.39%	+11.35%
Max Drawdown (3Y) Largest decline over 3 years	-19.11%	-26.05%	+6.94%
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	-36.23%	+10.91%
Max Drawdown (10Y) Largest decline over 10 years	-40.60%	-86.75%	+46.15%
Current Drawdown Current decline from peak	-1.82%	-85.85%	+84.03%
Average Drawdown Average peak-to-trough decline	-5.00%	-75.30%	+70.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	10.87%	-8.72%

Volatility

RDVY vs. USO - Volatility Comparison

The current volatility for First Trust Rising Dividend Achievers ETF (RDVY) is 4.26%, while United States Oil Fund LP (USO) has a volatility of 13.30%. This indicates that RDVY 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

	RDVY	USO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	13.30%	-9.04%
Volatility (6M) Calculated over the trailing 6-month period	11.13%	38.49%	-27.36%
Volatility (1Y) Calculated over the trailing 1-year period	14.16%	44.41%	-30.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	36.09%	-17.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	39.01%	-17.90%

RDVY vs. USO - Expense Ratio Comparison

RDVY has a 0.50% expense ratio, which is lower than USO's 0.86% expense ratio.

Dividends

RDVY vs. USO - Dividend Comparison

RDVY's dividend yield for the trailing twelve months is around 0.93%, while USO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDVY First Trust Rising Dividend Achievers ETF	0.93%	1.11%	1.64%	2.09%	2.21%	1.04%	1.53%	1.55%	1.68%	1.25%	2.07%	2.14%
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 RDVY and USO in my portfolio?

RDVY and USO have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDVY or USO?

USO has higher volatility (13.30%) compared to RDVY (4.26%). In terms of maximum drawdown, RDVY dropped -40.60% vs USO's -98.19%.

Which ETF is better, RDVY or USO?

On 10-year performance, RDVY leads with 15.43% vs 3.13% for USO. On fees, RDVY is cheaper at 0.50% per year. On volatility, RDVY has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDVY or USO?

Over the 10-year period, RDVY has performed better with a 15.43% return vs 3.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDVY or USO?

RDVY is cheaper with a 0.50% expense ratio, compared with 0.86% for USO.

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

RDVY has the higher dividend yield at 0.93%, compared with 0.00% for USO.

What is the main difference between RDVY and USO?

RDVY is categorized as Large Cap Blend Equities, while USO is Oil & Gas. RDVY tracks NASDAQ US Rising Dividend Achievers, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: First Trust and USCF. Their fees differ too: 0.50% for RDVY and 0.86% for USO.

Which has better risk-adjusted returns?

USO currently has the higher Sharpe Ratio (2.04 vs 1.83), 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.