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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FENI vs USO: how they differ

FENI is an equity index fund and USO a commodity fund, and over the year USO returned more, +112.2% against +19.4%.

Fidelity Enhanced International ETF and United States Oil Fund, LP.

FENI and USO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FENI
Fidelity Enhanced International ETF
USO
United States Oil Fund, LP
Where it sitsCore index fundCore index fund
IssuerFidelityUnited
What it isEnhanced InternationalOil
Total return, 1 year+19.4%+112.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts+94.7 pts
Expense ratio0.28%not published
Holdings392not filed

FENI in plain words

FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.

USO in plain words

USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FENI or USO?
In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FENI against USO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FENI against USO, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-USO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources