Data as of Oct 28, 2026.

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AVLV vs USO: Differences, Returns & Fees

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AVLV 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 +29.6%.

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Net assets: $22.4bn on Oct 27, 2026 for Avantis U.S. Large Cap Value ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

At a glance
+29.6%
AVLV total return, 1 year
+133.3%
USO total return, 1 year
0.15%
AVLV expense ratio
0.86%
USO expense ratio

Pair scorecard

AVLV costs 0.71 points a year less; their one-year returns differ by 103.7 points; AVLV is 11.8 times larger.

AVLV vs USO: Differences, Returns & Fees
MeasureAVLVUSO
Return
Total return, 1 year+29.6%+133.3%
Drawdown
Below its high82.3%, high on Jul 14, 2008
Benchmark
What it tracksNo index, actively managedOil futures
Cost and size
Expense ratio0.15%0.86%
Net assets, as of Oct 27, 2026$22.4bn$1.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight84%
Top ten holdings, share of the fund26.8%

Method

Side by side

AVLV Avantis U.S. Large Cap Value 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 +29.6% +133.3%
Its benchmark over the same days +27.5% (IWD) not measured
Gap to its benchmark +2.1 pts vs IWD not measured
Expense ratio 0.15% 0.86%
Holdings 298 not counted
Net assets, AVLV as of Oct 27, 2026 and USO as of Oct 28, 2026 $22.4bn $1.9bn

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

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About each fund
AVLV

Over the year to Oct 28, 2026 it returned +29.6% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value.

AVLV is actively managed and tracks no index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 298 positions, with the top ten at 26.8%.

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, AVLV or USO?
In the year to Oct 28, 2026, with distributions reinvested, AVLV returned +29.6% and USO +133.3%.
Which is cheaper, AVLV or USO?
AVLV is cheaper, by 0.71 percentage points a year. That is about $71 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, AVLV against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/avlv-vs-uso

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