USO — United States Oil Fund LP
United States Oil Fund LP (ticker: USO) is a commodity ETF issued by Marygold tracking Front Month Light Sweet Crude Oil. It was launched on 2006-04-10.
About USO
The United States Oil Fund LP (USO) is a commodity ETF that seeks to track the daily price movements of light sweet crude oil. The fund invests primarily in futures contracts for crude oil, gasoline, heating oil, and other petroleum products, aiming to reflect changes in the price of the Front Month Light Sweet Crude Oil index. USO utilizes a laddered strategy for its futures contracts.
This ETF could be considered by investors seeking to gain exposure to crude oil price fluctuations without directly owning physical commodities. It provides a way to participate in the energy commodities market, specifically focusing on crude oil.
- Tracks the daily price movements of the Front Month Light Sweet Crude Oil index.
- Invests in a portfolio of 11 crude oil futures contracts and other petroleum derivatives.
- Employs a laddered strategy for managing its futures contract positions.
- Offers exposure to the crude oil market within a commodity ETF structure.
- Has an expense ratio of 0.60% and manages $1.88 billion in assets.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -2.85% |
| 1 Week | 4.84% |
| 1 Month | -16.98% |
| 3 Months | -14.14% |
| 6 Months | 54.01% |
| YTD | 57.62% |
| 1 Year | 41.70% |
| 3 Years | 65.54% |
| 5 Years | 116.25% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | WTI CRUDE FUTURE Oct24 | CLV4 | — |
| 2 | TRS MACQUARIE MQCP361E 07192024 | MQCP361ET | — |
| 3 | MORGAN STANLEY LIQ GOVT INST 8302 | MVRXX | — |
| 4 | US DOLLARS | N/A | — |
| 5 | TRS SOC GEN SGIXCWTI 06282024 | SGIXCWTIT | — |
| 6 | BNY CASH RESERVE | USD | — |
| 7 | WTI CRUDE FUTURE Sep24 | CLU4 | — |
| 8 | WTI CRUDE FUTURE Oct24 | CLV4 | — |
| 9 | TRS MACQUARIE MQCP361E 07192024 | MQCP361ET | — |
| 10 | WTI CRUDE FUTURE Sep24 | CLU4 | — |
Fund Profile
| Issuer | Marygold |
|---|---|
| Brand | US Commodity Funds |
| Asset Class | commodity |
| Strategy | Laddered |
| Structure | Commodity Pool |
| Category | Oil & Gas |
| Segment | Commodities: Energy Crude Oil |
| Index Tracked | Front Month Light Sweet Crude Oil |
| Inception Date | 2006-04-10 |
| Tax on Distributions | No distributions |
Quick Facts
| Ticker | USO |
|---|---|
| Full Name | United States Oil Fund LP |
| Issuer | Marygold |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $1.88B |
| Inception | 2006-04-10 |
| Index Tracked | Front Month Light Sweet Crude Oil |
Frequently Asked Questions
What does USO track?
USO (United States Oil Fund LP) tracks Front Month Light Sweet Crude Oil, a commodity benchmark.
What is the expense ratio of USO?
USO has an expense ratio of 0.01% per year.
What is the AUM of USO?
USO has approximately $1.88B in assets under management.
Does USO pay a dividend?
USO distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues USO?
USO is issued by Marygold under the US Commodity Funds brand, launched on 2006-04-10.
Open the interactive USO dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.