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

In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and USO returned +105.9%, so USO returned more.

Which is cheaper, IBIT or USO?

IBIT charges 0.25% a year and USO charges 0.45%, so IBIT is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

IBIT vs USO: how they differ

IBIT is a spot crypto ETP and USO a commodity futures fund, and over the year USO returned more, +105.9% against −31.1%.

iShares Bitcoin Trust ETF and United States Oil Fund, LP.

IBIT and USO on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	IBIT iShares Bitcoin Trust ETF	USO United States Oil Fund, LP
Where it sits	Core fund	Core fund
Issuer	iShares	USCF
What it is	Holds bitcoin	Holds oil futures
Total return, 1 year	−31.1%	+105.9%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	+89.4 pts
Expense ratio	0.25%	0.45%
Holdings	2	not filed
Net assets	$63.7bn	not published

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

USO in plain words

USO holds oil futures. Over the year to Sep 18, 2026 it returned +105.9% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 57.4% below its high of Apr 8, 2011 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, IBIT or USO?: In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and USO returned +105.9%, so USO returned more.
Which is cheaper, IBIT or USO?: IBIT charges 0.25% a year and USO charges 0.45%, so IBIT is cheaper. Fees come from each fund's prospectus.

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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.

IBIT against USO, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBIT against USO, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-uso Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources