Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EWY vs USO: how they differ
EWY is an equity index fund and USO a commodity fund, and over the year EWY returned more, +147.9% against +112.2%.
iShares MSCI South Korea ETF and United States Oil Fund, LP.
| EWY iShares MSCI South Korea ETF | USO United States Oil Fund, LP | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | USCF |
| What it is | MSCI South Korea | Oil |
| Total return, 1 year | +147.9% | +112.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +130.4 pts | +94.7 pts |
| Expense ratio | 0.59% | 0.45% |
| Holdings | 80 | not filed |
EWY in plain words
EWY is an index equity fund tracking the MSCI South Korea. Over the year to Sep 11, 2026 it returned +147.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% 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 80 positions, with the top ten at 61.9%. It sat 13.9% below its high of Jun 18, 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, EWY or USO?
- In the year to Sep 13, 2026, with distributions reinvested, EWY returned +147.9% and USO returned +112.2%, so EWY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWY or USO?
- EWY charges 0.59% a year and USO charges 0.45%, so USO 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, EWY against USO, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewy-vs-uso Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources