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

In the year to Oct 28, 2026, with distributions reinvested, ILF returned +17.2% and USO +133.3%.

Which is cheaper, ILF or USO?

ILF is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

ILF vs USO: Differences, Returns & Fees

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ILF is an equity index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +17.2%.

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Net assets on Oct 28, 2026: $3.5bn for iShares Latin America 40 ETF and $1.9bn for United States Oil Fund, LP.

ILF on its own →USO on its own →

At a glance

+17.2%

ILF total return, 1 year

+133.3%

USO total return, 1 year

0.47%

ILF expense ratio

0.86%

USO expense ratio

Pair scorecard

ILF costs 0.39 points a year less; their one-year returns differ by 116.1 points; ILF is 1.8 times larger.

ILF vs USO: Differences, Returns & Fees
Measure	ILF	USO
Return
Measure	ILF	USO
Total return, 1 year	+17.2%	+133.3%
Drawdown
Measure	ILF	USO
Below its high	13.7%, high on Oct 12, 2026	82.3%, high on Jul 14, 2008
Benchmark
Measure	ILF	USO
What it tracks	S&P Latin America 40	Oil futures
Cost and size
Measure	ILF	USO
Expense ratio	0.47%	0.86%
Net assets	$3.5bn	$1.9bn
Holdings
Measure	ILF	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	55.6%

Method

Side by side

ILF iShares Latin America 40 ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer iShares USCF

What it is Tracks an index of Latin America 40 Holds oil futures

Total return, 1 year +17.2% +133.3%

Expense ratio 0.47% 0.86%

Holdings 46 not counted

Net assets $3.5bn $1.9bn

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

Alert

About each fund

ILF

ILF tracks an index of Latin America 40. Over the year to Oct 28, 2026 it returned +17.2% with distributions reinvested. The prospectus expense ratio is 0.47% 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 46 positions, with the top ten at 55.6%. It sat 13.7% below its high of Oct 12, 2026 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, ILF or USO?: In the year to Oct 28, 2026, with distributions reinvested, ILF returned +17.2% and USO +133.3%.
Which is cheaper, ILF or USO?: ILF is cheaper, by 0.39 percentage points a year. That is about $39 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

ILF vs SIVR BWET vs ILF ILF vs SLV IAU vs ILF EWZ vs USO AVDV vs USO ACWI vs USO USO vs VYMI

Where to next

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

Sources and dates

ILF filings on SEC EDGAR ↗

ILF prospectus with the expense ratio (SEC) ↗

iShares page for ILF ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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