Data as of Oct 28, 2026.

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EDV vs USO: Differences, Returns & Fees

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EDV is a bond index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against −13.3%.

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Net assets: $3.6bn on Sep 30, 2026 for Vanguard Extended Duration Treasury ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

At a glance
−13.3%
EDV total return, 1 year
+133.3%
USO total return, 1 year
0.05%
EDV expense ratio
0.86%
USO expense ratio

Pair scorecard

EDV costs 0.81 points a year less; their one-year returns differ by 146.6 points.

EDV vs USO: Differences, Returns & Fees
MeasureEDVUSO
Return
Total return, 1 year−13.3%+133.3%
Drawdown
Below its high57.0%, high on Mar 9, 202082.3%, high on Jul 14, 2008
Benchmark
What it tracksBloomberg U.S. Treasury STRIPS 2030 Year Equal Par Bond IndexOil futures
Cost and size
Expense ratio0.05%0.86%
Net assets, EDV as of Sep 30, 2026 and USO as of Oct 28, 2026$3.6bn$1.9bn
Holdings
Holdings in commonnot published

Method

Risk and return

Dec 21, 2007 to Oct 23, 2026 · 983 weekly returns
EDV USO
Return
Total return edge EDV +55.0% −71.3%
Annualized edge EDV +2.3% −6.4%
Price return edge EDV −38.6% −71.3%
Risk
Volatility edge EDV 21.4% 38.0%
Max drawdown edge EDV −59.7% −98.0%
Risk-adjusted
Sharpe edge EDV 0.15 −0.02
Sortino edge EDV 0.21 −0.02
Calmar edge EDV 0.04 −0.07
Reading

EDV returned more: +55.0% to −71.3%. EDV swung less: 21.4% to 38.0%. EDV fell less at its worst: −59.7% to −98.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: EDV vs USO: Differences, Returns & Fees
MeasureEDVUSOEdgeHow it is measured
Return
Total return+55.0%−71.3%EDVPrice change plus distributions, reinvested.
Annualized+2.3%−6.4%EDVTotal return as a yearly rate.
Price return−38.6%−71.3%EDVPrice change alone, distributions left out.
Risk
Volatility21.4%38.0%EDVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.9%27.5%EDVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−59.7%−98.0%EDVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.15−0.02EDVReturn above Treasury bills per unit of volatility.
Sortino0.21−0.02EDVReturn above Treasury bills per unit of downside deviation.
Calmar0.04−0.07EDVAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 983 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

EDV Vanguard Extended Duration Treasury ETF USO United States Oil Fund, LP
Where it sits Bond ETF Commodity ETF
Issuer Vanguard USCF
What it is Tracks an index of Extended Duration Treasury Holds oil futures
Total return, 1 year −13.3% +133.3%
Expense ratio 0.05% 0.86%
Holdings 81 not counted
Net assets, EDV as of Sep 30, 2026 and USO as of Oct 28, 2026 $3.6bn $1.9bn

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

Client brief · page 1 of 2 Report BR-6385AD7B53

EDV and USO do different jobs. What does each one do in a portfolio?

  1. What each follows. EDV follows Bloomberg U.S. Treasury STRIPS 2030 Year Equal Par Bond Index and USO follows Oil futures.
  2. One-year total return. Over 1 year to Oct 28, 2026 EDV returned −13.3% and USO +133.3% with distributions reinvested, a gap of 146.6 points.
  3. Cost. EDV charges 0.05% of assets a year and USO 0.86%, a gap of 0.81 points.

Data as of Oct 28, 2026.

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About each fund
EDV

EDV tracks an index of Extended Duration Treasury. Over the year to Oct 28, 2026 it returned −13.3% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 57.0% below its high of Mar 9, 2020 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, EDV or USO?
In the year to Oct 28, 2026, with distributions reinvested, EDV returned −13.3% and USO +133.3%.
Which is cheaper, EDV or USO?
EDV is cheaper, by 0.81 percentage points a year. That is about $81 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EDV against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/edv-vs-uso

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