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

In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and USO +133.3%.

Which is cheaper, IWB or USO?

IWB is cheaper, by 0.71 percentage points a year. That is about $71 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IWB vs USO: Differences, Returns & Fees

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IWB is an equity index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +13.1%.

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Net assets on Oct 28, 2026: $49.1bn for iShares Russell 1000 ETF and $1.9bn for United States Oil Fund, LP.

IWB on its own →USO on its own →

At a glance

+13.1%

IWB total return, 1 year

+133.3%

USO total return, 1 year

0.15%

IWB expense ratio

0.86%

USO expense ratio

Pair scorecard

IWB costs 0.71 points a year less; their one-year returns differ by 120.2 points; IWB is far larger, $49.1bn against $1.9bn.

IWB vs USO: Differences, Returns & Fees
Measure	IWB	USO
Return
Measure	IWB	USO
Total return, 1 year	+13.1%	+133.3%
Drawdown
Measure	IWB	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	IWB	USO
What it tracks	Russell 1000 Index	Oil futures
Cost and size
Measure	IWB	USO
Expense ratio	0.15%	0.86%
Net assets	$49.1bn	$1.9bn
Holdings
Measure	IWB	USO
Holdings in common	not published
In the S&P 500, by weight	92%
Holdings dated	Oct 27, 2026
Top ten holdings, share of the fund	35.3%

Method

Side by side

IWB iShares Russell 1000 ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer iShares USCF

What it is Tracks the Russell 1000 Holds oil futures

Total return, 1 year +13.1% +133.3%

Its benchmark over the same days +13.2% (VONE) not measured

Gap to its benchmark −0.1 pts vs VONE not measured

Expense ratio 0.15% 0.86%

Holdings 1025 not counted

Net assets $49.1bn $1.9bn

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

Alert

About each fund

IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.

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, IWB or USO?: In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and USO +133.3%.
Which is cheaper, IWB or USO?: IWB is cheaper, by 0.71 percentage points a year. That is about $71 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BWET vs IWB IWB vs SIVR IWB vs SLV GLDM vs IWB RDVY vs USO USMV vs USO AVUS vs USO QUAL vs USO

Where to next

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

Sources and dates

IWB filings on SEC EDGAR ↗

IWB prospectus with the expense ratio (SEC) ↗

iShares page for IWB ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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