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USAR vs. USO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

USAR vs. USO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USA Rare Earth, Inc (USAR) and United States Oil Fund LP (USO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, USAR achieves a 135.13% return, which is significantly higher than USO's 103.67% return.


USAR

1D
-8.86%
1M
9.38%
YTD
135.13%
6M
99.57%
1Y
208.15%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USAR vs. USO - Yearly Performance Comparison


2026 (YTD)202520242023
USAR
USA Rare Earth, Inc
135.13%3.66%11.13%2.58%
USO
United States Oil Fund LP
103.67%-8.46%13.35%0.11%

Correlation

The correlation between USAR and USO is -0.17, 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

-0.17

Correlation (All Time)
Calculated using the full available price history since Jul 18, 2023

-0.11

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Return for Risk

USAR vs. USO — Risk / Return Rank

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

USAR
USAR Risk / Return Rank: 8080
Overall Rank
USAR Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
USAR Sortino Ratio Rank: 8383
Sortino Ratio Rank
USAR Omega Ratio Rank: 7777
Omega Ratio Rank
USAR Calmar Ratio Rank: 8282
Calmar Ratio Rank
USAR Martin Ratio Rank: 7575
Martin Ratio Rank

USO
USO Risk / Return Rank: 6666
Overall Rank
USO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
USO Sortino Ratio Rank: 6060
Sortino Ratio Rank
USO Omega Ratio Rank: 6161
Omega Ratio Rank
USO Calmar Ratio Rank: 8787
Calmar Ratio Rank
USO Martin Ratio Rank: 5454
Martin Ratio Rank
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.

USAR vs. USO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USA Rare Earth, Inc (USAR) 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.


USARUSODifference
Sharpe ratioReturn per unit of total volatility

-0.60

Sortino ratioReturn per unit of downside risk

-0.27

Omega ratioGain probability vs. loss probability

1.28

1.38

-0.10

Calmar ratioReturn relative to maximum drawdown

3.03

5.01

-1.98

Martin ratioReturn relative to average drawdown

5.02

9.42

-4.39

USAR vs. USO - Sharpe Ratio Comparison

The current USAR Sharpe Ratio is 1.71, which is comparable to the USO Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of USAR 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.


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Sharpe Ratios by Period


USARUSODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.71

2.31

-0.60

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

0.41

-0.18

+0.59

Drawdowns

USAR vs. USO - Drawdown Comparison

The maximum USAR drawdown since its inception was -69.23%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for USAR and USO.


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Drawdown Indicators


USARUSODifference

Max Drawdown

Largest peak-to-trough decline

-69.23%

-98.19%

+28.96%

Max Drawdown (1Y)

Largest decline over 1 year

-69.23%

-20.39%

-48.84%

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 Drawdown

Current decline from peak

-27.66%

-85.01%

+57.35%

Average Drawdown

Average peak-to-trough decline

-18.60%

-75.30%

+56.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

41.62%

10.82%

+30.80%

Volatility

USAR vs. USO - Volatility Comparison

USA Rare Earth, Inc (USAR) has a higher volatility of 30.06% compared to United States Oil Fund LP (USO) at 14.87%. This indicates that USAR'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


USARUSODifference

Volatility (1M)

Calculated over the trailing 1-month period

30.06%

14.87%

+15.19%

Volatility (6M)

Calculated over the trailing 6-month period

81.05%

38.23%

+42.82%

Volatility (1Y)

Calculated over the trailing 1-year period

122.97%

44.20%

+78.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

104.42%

36.06%

+68.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

104.42%

39.00%

+65.42%

Dividends

USAR vs. USO - Dividend Comparison

Neither USAR nor USO has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


USAR and USO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

USAR has higher volatility (30.06%) compared to USO (14.87%). In terms of maximum drawdown, USAR dropped -69.23% vs USO's -98.19%.

USO currently has the higher Sharpe Ratio (2.31 vs 1.71), 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.

Portfolio Optimizer

Find the right allocation for USAR and USO

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