USOUnited States Oil Fund, LP

Beat inflation20y track recordRanked #39 of 112 in this goal

The investment objective of USO is for the daily changes in percentage terms of its shares’ NAV to reflect the daily changes in the spot price of light, sweet crude oil.

By USCF Investments · Launched 2006

Annual Cost

0.86%

#4,436 of 5,573 · expensive

Fund Size

$1.7B

#817 of 5,573 · large

Return (1Y)Goal

+45.3%

Track Record

20 years

#278 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,084+40.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

Index tracked

Benchmark Oil Futures Contract

What it actually holds

By weight

Asset allocation

Cash

56.9%

Other

43.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

44.5%High

Year-on-year price swings

Max drawdown

-86.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.68Decent risk-adjusted returns

Sortino (3Y)

1.01Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: The investment objective of USO is for the daily changes in percentage terms of its shares’ NAV to reflect the daily changes in the spot price of light, sweet crude oil.
Strategy: Invests primarily in futures contracts for light, sweet crude oil and other petroleum-based fuels traded on the NYMEX and other exchanges. Aims for daily NAV changes to track the Benchmark Oil Futures Contract.
Inception date: April 10, 2006
Fund family: USCF Investments