XAIX vs. USO
XAIX (Xtrackers Artificial Intelligence and Big Data ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past year, XAIX returned 68.58% vs 101.55% for USO. At a correlation of -0.12, they often move in opposite directions. XAIX charges 0.35%/yr vs 0.86%/yr for USO.
Performance
XAIX vs. USO - Performance Comparison
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Returns By Period
In the year-to-date period, XAIX achieves a 39.88% return, which is significantly lower than USO's 103.67% return.
XAIX
- 1D
- -1.51%
- 1M
- 23.00%
- YTD
- 39.88%
- 6M
- 41.45%
- 1Y
- 68.58%
- 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%
XAIX vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 39.88% | 29.05% | 15.47% |
USO United States Oil Fund LP | 103.67% | -8.46% | 2.94% |
Correlation
The correlation between XAIX and USO is -0.27, 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 | -0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024 | -0.12 |
The correlation between XAIX and USO shifts across timeframes, from -0.27 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XAIX vs. USO — Risk / Return Rank
XAIX
USO
XAIX vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) 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.
| XAIX | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.38 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.92 | 5.01 | -0.09 |
| Martin ratioReturn relative to average drawdown | 18.19 | 9.42 | +8.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XAIX | USO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.31 | 2.31 | +1.00 |
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 | 2.13 | -0.18 | +2.30 |
Drawdowns
XAIX vs. USO - Drawdown Comparison
The maximum XAIX drawdown since its inception was -23.95%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for XAIX and USO.
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Drawdown Indicators
| XAIX | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.95% | -98.19% | +74.24% |
Max Drawdown (1Y)Largest decline over 1 year | -14.01% | -20.39% | +6.38% |
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 DrawdownCurrent decline from peak | -1.51% | -85.01% | +83.50% |
Average DrawdownAverage peak-to-trough decline | -3.49% | -75.30% | +71.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 10.82% | -7.04% |
Volatility
XAIX vs. USO - Volatility Comparison
The current volatility for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is 9.22%, while United States Oil Fund LP (USO) has a volatility of 14.87%. This indicates that XAIX 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
| XAIX | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.22% | 14.87% | -5.65% |
Volatility (6M)Calculated over the trailing 6-month period | 17.41% | 38.23% | -20.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.85% | 44.20% | -23.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.37% | 36.06% | -12.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.37% | 39.00% | -15.63% |
XAIX vs. USO - Expense Ratio Comparison
XAIX has a 0.35% expense ratio, which is lower than USO's 0.86% expense ratio.
Dividends
XAIX vs. USO - Dividend Comparison
XAIX's dividend yield for the trailing twelve months is around 0.38%, while USO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
USO United States Oil Fund LP | 0.00% | 0.00% | 0.00% |
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 0.38% | 0.54% | 0.08% |
Frequently Asked Questions
XAIX and USO have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USO has higher volatility (14.87%) compared to XAIX (9.22%). In terms of maximum drawdown, XAIX dropped -23.95% vs USO's -98.19%.
On 1-year performance, USO leads with 101.55% vs 68.58% for XAIX. On fees, XAIX is cheaper at 0.35% per year. On volatility, XAIX has been the lower-risk option at 9.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USO has performed better with a 101.55% return vs 68.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XAIX is cheaper with a 0.35% expense ratio, compared with 0.86% for USO.
XAIX has the higher dividend yield at 0.38%, compared with 0.00% for USO.
XAIX is categorized as Technology Equities, while USO is Oil & Gas. XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: Xtrackers and USCF. Their fees differ too: 0.35% for XAIX and 0.86% for USO.
XAIX currently has the higher Sharpe Ratio (3.31 vs 2.31), 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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