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

In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and USO +133.3%.

Which is cheaper, FXI or USO?

FXI is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FXI vs USO: Differences, Returns & Fees

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FXI is an equity index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against −19.1%.

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Net assets on Oct 28, 2026: $3.7bn for iShares China Large-Cap ETF and $1.9bn for United States Oil Fund, LP.

FXI on its own →USO on its own →

At a glance

−19.1%

FXI total return, 1 year

+133.3%

USO total return, 1 year

0.73%

FXI expense ratio

0.86%

USO expense ratio

Pair scorecard

FXI costs 0.13 points a year less; their one-year returns differ by 152.4 points; FXI is 1.9 times larger.

FXI vs USO: Differences, Returns & Fees
Measure	FXI	USO
Return
Measure	FXI	USO
Total return, 1 year	−19.1%	+133.3%
Drawdown
Measure	FXI	USO
Below its high	32.7%, high on Feb 17, 2021	82.3%, high on Jul 14, 2008
Benchmark
Measure	FXI	USO
What it tracks	FTSE China 50 Index	Oil futures
Cost and size
Measure	FXI	USO
Expense ratio	0.73%	0.86%
Net assets	$3.7bn	$1.9bn
Holdings
Measure	FXI	USO
Holdings in common	not published
In the S&P 500, by weight	0%
Holdings dated	Oct 27, 2026
Top ten holdings, share of the fund	58.4%

Method

Side by side

FXI iShares China Large-Cap ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer iShares USCF

What it is Tracks an index of China Large-Cap Holds oil futures

Total return, 1 year −19.1% +133.3%

Expense ratio 0.73% 0.86%

Holdings 51 not counted

Net assets $3.7bn $1.9bn

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

Alert

About each fund

FXI

FXI tracks an index of China Large-Cap. Over the year to Oct 28, 2026 it returned −19.1% with distributions reinvested. The prospectus expense ratio is 0.73% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 58.4%. It sat 32.7% below its high of Feb 17, 2021 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, FXI or USO?: In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and USO +133.3%.
Which is cheaper, FXI or USO?: FXI is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FXI vs SIVR BWET vs FXI FXI vs SLV FXI vs GLD EWT vs USO INDA vs USO URTH vs USO USO vs VPL

Where to next

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

Sources and dates

FXI filings on SEC EDGAR ↗

FXI prospectus with the expense ratio (SEC) ↗

iShares page for FXI ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.