Are LYTE and USO in the same category?

LYTE is a thematic ETF and USO is a commodity ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which is cheaper, LYTE or USO?

LYTE is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

LYTE vs USO: Differences, Returns & Fees

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LYTE and USO are measured over different days, and LYTE charges 0.65% to USO's 0.86%.

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Net assets on Oct 28, 2026: $165m for Roundhill Photonics & Optics ETF and $1.9bn for United States Oil Fund, LP.

LYTE on its own →USO on its own →

At a glance

−19.6%

LYTE total return, since launch, Aug 6, 2026

+133.3%

USO total return, 1 year

0.65%

LYTE expense ratio

0.86%

USO expense ratio

Pair scorecard

LYTE costs 0.21 points a year less; USO is 11.5 times larger.

LYTE vs USO: Differences, Returns & Fees
Measure	LYTE	USO
Return
Measure	LYTE	USO
Total return, 1 year	not published	+133.3%
Drawdown
Measure	LYTE	USO
Below its all-time high	28.5%, high on Aug 17, 2026
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	LYTE	USO
What it tracks	Photonics and optics	Oil futures
Cost and size
Measure	LYTE	USO
Expense ratio	0.65%	0.86%
Net assets	$165m	$1.9bn
Holdings
Measure	LYTE	USO
Holdings in common	not published

Method

Side by side

LYTE Roundhill Photonics & Optics ETF USO United States Oil Fund, LP

Where it sits Thematic ETF Commodity ETF

Issuer Roundhill USCF

What it is Photonics and optics Holds oil futures

Total return, 1 year −19.6% (since launch, Aug 6, 2026) +133.3%

Expense ratio 0.65% 0.86%

Net assets $165m $1.9bn

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

Alert

About each fund

LYTE

LYTE has no public holdings filing captured yet. Since it first traded on Aug 6, 2026 the fund returned −19.6% with distributions reinvested. It sits 28.5% below its all-time high of Aug 17, 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

Are LYTE and USO in the same category?: LYTE is a thematic ETF and USO is a commodity ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, LYTE or USO?: LYTE is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

LYTE vs SLV BWET vs LYTE IAU vs LYTE GLD vs LYTE IBB vs USO AIRR vs USO USO vs XBI GDX vs USO

Where to next

LYTE on its own →USO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Sources and dates

LYTE filings on SEC EDGAR ↗

LYTE prospectus with the expense ratio (SEC) ↗

Roundhill page for LYTE ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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