Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EMXC vs USO: how they differ
EMXC is an equity index fund and USO a commodity fund, and over the year USO returned more, +112.2% against +55.5%.
iShares MSCI Emerging Markets ex China ETF and United States Oil Fund, LP.
| EMXC iShares MSCI Emerging Markets ex China ETF | USO United States Oil Fund, LP | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | USCF |
| What it is | MSCI Emerging Markets ex China | Oil |
| Total return, 1 year | +55.5% | +112.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +38.0 pts | +94.7 pts |
| Expense ratio | 0.25% | 0.45% |
| Holdings | 597 | not filed |
EMXC in plain words
EMXC is an index equity fund tracking the MSCI Emerging Markets ex China. Over the year to Sep 11, 2026 it returned +55.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 597 positions, with the top ten at 43.3%. It sat 5.5% below its high of Jun 22, 2026 on Sep 11, 2026.
USO in plain words
USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EMXC or USO?
- In the year to Sep 13, 2026, with distributions reinvested, EMXC returned +55.5% and USO returned +112.2%, so USO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EMXC or USO?
- EMXC charges 0.25% a year and USO charges 0.45%, so EMXC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EMXC against USO, data as of Sep 13, 2026. https://etfiq.com/compare/any/emxc-vs-uso Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources