Data as of Oct 28, 2026.

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DYNF vs USO: Differences, Returns & Fees

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DYNF 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 +14.5%.

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Net assets: $42.7bn on Oct 27, 2026 for iShares U.S. Equity Factor Rotation Active ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

At a glance
+14.5%
DYNF total return, 1 year
+133.3%
USO total return, 1 year
0.26%
DYNF expense ratio
0.86%
USO expense ratio

Pair scorecard

DYNF costs 0.60 points a year less; their one-year returns differ by 118.8 points; DYNF is far larger, $42.7bn against $1.9bn.

DYNF vs USO: Differences, Returns & Fees
MeasureDYNFUSO
Return
Total return, 1 year+14.5%+133.3%
Drawdown
Below its high82.3%, high on Jul 14, 2008
Benchmark
What it tracksNo index, actively managedOil futures
Cost and size
Expense ratio0.26%0.86%
Net assets, as of Oct 27, 2026$42.7bn$1.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight95%
Top ten holdings, share of the fund40.7%

Method

Side by side

DYNF iShares U.S. Equity Factor Rotation Active ETF USO United States Oil Fund, LP
Where it sits Stock ETF Commodity ETF
Issuer iShares USCF
What it is Actively managed Holds oil futures
Total return, 1 year +14.5% +133.3%
Its benchmark over the same days +13.3% (PBUS) not measured
Gap to its benchmark +1.2 pts vs PBUS not measured
Expense ratio 0.26% 0.86%
Holdings 262 not counted
Net assets, DYNF as of Oct 27, 2026 and USO as of Oct 28, 2026 $42.7bn $1.9bn

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

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About each fund
DYNF

DYNF is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.5% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.26% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 262 positions, with the top ten at 40.7%.

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, DYNF or USO?
In the year to Oct 28, 2026, with distributions reinvested, DYNF returned +14.5% and USO +133.3%.
Which is cheaper, DYNF or USO?
DYNF is cheaper, by 0.60 percentage points a year. That is about $60 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, DYNF against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/dynf-vs-uso

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