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USO United States Oil Fund, LP

AMEXETF
$129.70-0.24%ClosedAssets: $15.45B

As of 2026-08-28 16:00

Why USO matters now

United States Oil Fund, LP (USO) is a US etf in Financial Services. The latest InvestLog snapshot shows $129.70 with -0.24% on the session and $15.45B in assets/market value.

The latest indexable market news headline is "Trans Mountain CEO says US trade rift adds urgency to Canada's oil pipeline plan" from Reuters.

ETF Profile

Updated 2026-08-28

Net Assets

$1.78B

NAV

$129.87

Expense Ratio

0.86%

Holdings

1

Issuer

USCF

Asset Class

Commodities

Avg Volume

7,420,008

Inception

2006-04-10

Sector Exposure

Cash & Others100.00%

Top Holdings

SymbolNameWeightMarket Value
WTI CRUDE FUTURE Oct2644.94%$1.56B
US DOLLARS10.28%$356.1M
DREY INST PREF GOV MM INST 65469.39%$325.1M
TREASURY BILL 0 2/4/20275.68%$196.7M
TREASURY BILL 0 2/11/20275.67%$196.5M
TREASURY BILL 0 12/31/20264.28%$148.1M
TRS MACQUARIE MQCP361E 072120263.60%$124.8M
MORGAN STANLEY LIQ GOVT INST 83023.41%$118.3M
BNY CASH RESERVE3.37%$116.6M
TRS SOC GEN SGIXCWTI 061820263.30%$114.2M

Fund Info

Asset Type

ETF

Exchange

AMEX

Currency

USD

Issuer

USCF

Asset Class

Commodities

NAV Currency

USD

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.