United States Oil Fund, LP (USO) Dividend Yield, History & Forecast

United States Oil Fund, LP (USO) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $14.05B.

USO fund composition

USO holds 1 positions. It charges an expense ratio of 0.86%, and manages $2.11B.

Sector allocation

Cash & Others100.0%

Frequently Asked Questions about United States Oil Fund, LP (USO)

What does United States Oil Fund, LP invest in?
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...