USO United States Oil Fund, LP
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 126.15 | Day Range | 125.41 – 129.45 |
| 52-Week Range | 65.99 – 154.08 | Volume | 3.34M |
| Avg Volume | 7.23M | AUM | $1.73B (Aug 27, 2026) |
| Expense Ratio | 0.86% | Yield (TTM) | — |
| NAV | 128.03 | Premium/Discount | -0.53% indicative |
| Inception | Apr 10, 2006 | Holdings | 1 |
| Issuer | USCF | Exchange | AMEX |
| Category | Oil Gas | Index Tracked | Not stated in source data |
| CUSIP | 91232N207 | ISIN | US91232N2071 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -7.71% | -7.92% | +56.20% | +82.40% | +66.53% | +20.30% | +21.60% | — | +21.70% |
| Total return | -7.71% | -7.92% | +56.20% | +82.40% | +66.53% | +20.30% | +21.60% | — | +21.70% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.86% | Annual cost of a $10,000 investment | $86.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 26, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 14 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | WTI CRUDE FUTURE Oct26 | — | 44.62% | 18.32K | $1.51B |
| 2 | US DOLLARS | — | 13.61% | 460.39M | $460.4M |
| 3 | DREY INST PREF GOV MM INST 6546 | — | 9.49% | 320.95M | $320.9M |
| 4 | TREASURY BILL 0 2/4/2027 | — | 5.82% | 200.00M | $196.6M |
| 5 | TREASURY BILL 0 2/11/2027 | — | 5.81% | 200.00M | $196.5M |
| 6 | TREASURY BILL 0 12/31/2026 | — | 4.38% | 150.00M | $148.0M |
| 7 | TRS MACQUARIE MQCP361E 07212026 | — | 3.64% | 2.20M | $123.1M |
| 8 | MORGAN STANLEY LIQ GOVT INST 8302 | — | 3.38% | 114.25M | $114.2M |
| 9 | TRS SOC GEN SGIXCWTI 06182026 | — | 3.33% | 977.43K | $112.6M |
| 10 | TREASURY BILL 0 12/24/2026 | — | 1.46% | 50.00M | $49.4M |
| 11 | TREASURY BILL 0 1/7/2027 | — | 1.46% | 50.00M | $49.3M |
| 12 | TREASURY BILL 0 1/21/2027 | — | 1.46% | 50.00M | $49.2M |
| 13 | TREASURY BILL 0 1/28/2027 | — | 1.45% | 50.00M | $49.2M |
| 14 | BNY CASH RESERVE | — | 0.10% | 3.29M | $3.3M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 48.34% / 37.03% | Sharpe 1Y / 3Y | 1.73 / 0.682 |
| Max drawdown 1Y / 3Y | -32.49% / -32.49% | Sortino 1Y | 2.69 |
| Beta vs S&P 500 (3Y) | -0.048 | Correlation vs S&P 500 (1Y) | -0.352 |
| Downside deviation 1Y | 31.04% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 3.34M | Average volume | 7.23M |
| AUM | $1.73B | Premium/Discount | -0.53% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$167.9M | -7.99% | $2.10B → $1.93B |
| 1 Week | -$51.3M | -2.49% | $2.06B → $1.93B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for USO
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.