United States Oil Fund LP (USO)
United States Oil Fund LP NYSE
USO at a glance
United States Oil Fund LP (USO): Buy, 78/100 on CleaRank's AI score.
- Trend Up: the price is above both its 50- and 200-day moving averages ($140.97 and $118.36).
- Fund Expense ratio 0.86%, $1.7B in net assets, +97.7% total return over 1 year.
As of October 14, 2026, United States Oil Fund LP (USO) trades at $153.47. The 14-day RSI (daily closes) is 59, in neutral territory, and the price is above its 50-day simple moving average of $140.97.
Figures as of October 14, 2026.
Only on CleaRank
Figures we compute ourselves from USO's own price history. Tap one to see it in context.
USO Price Analysis
Market Metrics
USO Fund Facts
United States Oil Fund, LP is a commodities-focused exchange-traded fund designed to provide exposure to the daily price movements of West Texas Intermediate crude oil. The fund uses oil futures and related petroleum-linked contracts rather than holding physical barrels, making it a widely used vehicle for gaining access to crude oil price dynamics through a brokerage account.
Trailing total returns
| Period | USO |
|---|---|
| YTD | 110.48% |
| 1 month | 9.04% |
| 3 months | 37.87% |
| 1 year | 97.67% |
| 3 years | 21.67% |
| 5 years | 22.54% |
| 10 years | 5.15% |
As of Oct 14, 2026, USO has an expense ratio of 0.86%, $1.69B in net assets and a distribution yield of 0.00%.
Fund reference data as of Oct 14, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
USO Analysis
- Be aware of the expense ratio (0.86%) and its potential impact on long-term returns, especially if oil prices remain stagnant.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
As of October 14, 2026, USO's 1-year correlation of daily returns is -0.05 with S&P 500 (SPY), -0.05 with Nasdaq 100 (QQQ), -0.08 with Bitcoin (BTC) and -0.03 with gold (XAU).
How does any other asset move with USO? One year of daily closes, Pearson correlation.
Key Statistics
| Net Assets | 1.69B |
|---|---|
| Expense Ratio | 0.8600% |
| Yield | N/A |
| Day High | $154.79 |
| Day Low | $153.00 |
| 52 Week High | 163.35 |
| 52 Week Low | 65.99 |
Fund Performance Analysis
Key Risks
Technical Indicators
| RSI (14-day) | 58.98 |
|---|---|
| MACD (12, 26) | 2.12 |
| SMA (50-day) | 140.97 |
| SMA (200-day) | 118.36 |
As of October 14, 2026, with USO at $153.47, its 14-day RSI is 59.0 (neutral territory), its 50-day simple moving average is $140.97 and its 200-day is $118.36.
Calculated by CleaRank on daily closes as of October 14, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
USO Trade Plans
Specific entry, exit, and risk management levels
Long entry pick an entry style
Risk Management
Profit Targets (Based on Conservative Entry)
These levels come from USO's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in USO in October 2016 would be worth about $16,727 today, compared with about $36,506 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
USO Drawdowns & Recovery
As of October 14, 2026, USO's worst peak-to-trough fall over the last 10 years was -85.1% (October 2018 to April 2020); it regained that peak by March 2026, 71 months after the low, and 59% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in USO today could grow to about $17,637 by 2036 in the base case, with a 90th-percentile outcome near $89,597 and a 10th-percentile outcome around $3,472. Projections are statistical simulations, not guarantees.
USO 2030 Scenarios (Monte Carlo)
CleaRank's simulation projects a price near $193 for USO by 2030 in the base case, from $153 today (1.3x over 4 years). The 10th-percentile path ends near $68.89. These are outcomes of a Monte Carlo simulation run on USO's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile |
|---|---|---|---|
| 2027 | $97.15 | $162 | $272 |
| 2028 | $83.11 | $172 | $356 |
| 2029 | $74.70 | $182 | $443 |
| 2030 | $68.89 | $193 | $538 |
| 2031 | $64.58 | $204 | $643 |
Method: a lognormal simulation of USO's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.