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

In the year to Oct 28, 2026, with distributions reinvested, BOXX returned +4.0% and USO +133.3%.

Which is cheaper, BOXX or USO?

BOXX is cheaper, by 0.67 percentage points a year. That is about $67 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BOXX vs USO: Differences, Returns & Fees

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BOXX is an actively managed short-term fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +4.0%.

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Net assets on Oct 28, 2026: $14.5bn for Alpha Architect 1-3 Month Box ETF and $1.9bn for United States Oil Fund, LP.

BOXX on its own →USO on its own →

At a glance

+4.0%

BOXX total return, 1 year

+133.3%

USO total return, 1 year

0.19%

BOXX expense ratio

0.86%

USO expense ratio

Pair scorecard

BOXX costs 0.67 points a year less; their one-year returns differ by 129.3 points; BOXX is 7.6 times larger.

BOXX vs USO: Differences, Returns & Fees
Measure	BOXX	USO
Return
Measure	BOXX	USO
Total return, 1 year	+4.0%	+133.3%
Drawdown
Measure	BOXX	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	BOXX	USO
What it tracks	No index, actively managed	Oil futures
Cost and size
Measure	BOXX	USO
Expense ratio	0.19%	0.86%
Net assets	$14.5bn	$1.9bn
Holdings
Measure	BOXX	USO
Holdings in common	not published

Method

Side by side

BOXX Alpha Architect 1-3 Month Box ETF USO United States Oil Fund, LP

Where it sits Bond ETF Commodity ETF

Issuer Alpha Architect USCF

What it is Actively managed Holds oil futures

Total return, 1 year +4.0% +133.3%

Expense ratio 0.19% 0.86%

Net assets $14.5bn $1.9bn

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

Alert

About each fund

BOXX

BOXX is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.0% with distributions reinvested. The prospectus expense ratio is 0.19% a year.

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, BOXX or USO?: In the year to Oct 28, 2026, with distributions reinvested, BOXX returned +4.0% and USO +133.3%.
Which is cheaper, BOXX or USO?: BOXX is cheaper, by 0.67 percentage points a year. That is about $67 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BOXX vs SIVR BOXX vs BWET BOXX vs SLV BOXX vs GLD USO vs VBIL MINT vs USO USFR vs USO PULS vs USO

Where to next

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

Sources and dates

BOXX filings on SEC EDGAR ↗

BOXX prospectus with the expense ratio (SEC) ↗

Alpha Architect website ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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