DV
Dividend Vision

USO — United States Oil Fund LP

United States Oil Fund LP (USO)

USO pays a 0.00% distribution rate, on a 0.86% expense ratio. Total return is -76.7% over the past 20.3 years, 844.7 points behind SPY at 768.0%. Its deepest 1-year drawdown was 32.5%.

United States Oil Fund LP is an ETF that seeks to track the daily percentage changes in the spot price of West Texas Intermediate light sweet crude oil by investing primarily in crude oil futures contracts and related petroleum products. The fund does not currently distribute income to shareholders and carries an annual expense ratio of 0.86%. It appeals to investors seeking direct commodity price exposure to crude oil rather than traditional income-generating investments.

USO key facts

Issuer
USCF Investments
Asset type
ETF
Asset class
Commodity
Inception date
04/10/2006
Expense ratio
0.86%
Distribution rate
0.00%
Last close
$126.60
AUM
$1,812,556,891
Average volume
3831900.0
Beta
2.28
P/E ratio
35.0318