Which returned more over the last year, AVEM or USO?

In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and USO +133.3%.

Which is cheaper, AVEM or USO?

AVEM is cheaper, by 0.53 percentage points a year. That is about $53 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

AVEM vs USO: Differences, Returns & Fees

Share on X Download as PDF

AVEM is an actively managed equity fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +17.9%.

askIQ about this page

askIQ about AVEM and USO

Net assets: $27.3bn on Oct 27, 2026 for Avantis Emerging Markets Equity ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

AVEM on its own →USO on its own →

At a glance

+17.9%

AVEM total return, 1 year

+133.3%

USO total return, 1 year

0.33%

AVEM expense ratio

0.86%

USO expense ratio

Pair scorecard

AVEM costs 0.53 points a year less; their one-year returns differ by 115.4 points; AVEM is 14.4 times larger.

AVEM vs USO: Differences, Returns & Fees
Measure	AVEM	USO
Return
Measure	AVEM	USO
Total return, 1 year	+17.9%	+133.3%
Drawdown
Measure	AVEM	USO
Below its high	10.2%, high on Jun 22, 2026	82.3%, high on Jul 14, 2008
Benchmark
Measure	AVEM	USO
What it tracks	No index, actively managed	Oil futures
Cost and size
Measure	AVEM	USO
Expense ratio	0.33%	0.86%
Net assets, as of Oct 27, 2026	$27.3bn	$1.9bn
Holdings
Measure	AVEM	USO
Holdings in common	not published
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	28.7%

Method

Side by side

AVEM Avantis Emerging Markets Equity ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer Avantis USCF

What it is Actively managed Holds oil futures

Total return, 1 year +17.9% +133.3%

Expense ratio 0.33% 0.86%

Holdings 4088 not counted

Net assets, AVEM as of Oct 27, 2026 and USO as of Oct 28, 2026 $27.3bn $1.9bn

AVEM and USO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

AVEM

AVEM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,088 positions, with the top ten at 28.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.

USO

USO holds oil futures. Over the year to Oct 28, 2026 it returned +133.3% with distributions reinvested. The prospectus expense ratio is 0.86% a year. It sat 82.3% below its high of Jul 14, 2008 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AVEM or USO?: In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and USO +133.3%.
Which is cheaper, AVEM or USO?: AVEM is cheaper, by 0.53 percentage points a year. That is about $53 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

AVEM vs SIVR AVEM vs BWET AVEM vs SLV AVEM vs GLD EEM vs USO USO vs VWO IEMG vs USO EMXC vs USO

Where to next

AVEM on its own →USO on its own →Hold both: look the portfolio through →Rankings →AVEM dividend history →AVEM holdings →Standards and sources →

Sources and dates

AVEM filings on SEC EDGAR ↗

AVEM prospectus with the expense ratio (SEC) ↗

Avantis website ↗

USCF website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, AVEM against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-uso

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.