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

In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and USO +133.3%.

Which is cheaper, SCHB or USO?

SCHB is cheaper, by 0.83 percentage points a year. That is about $83 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SCHB vs USO: Differences, Returns & Fees

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SCHB is an equity index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +13.4%.

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Net assets: $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

SCHB on its own →USO on its own →

At a glance

+13.4%

SCHB total return, 1 year

+133.3%

USO total return, 1 year

0.03%

SCHB expense ratio

0.86%

USO expense ratio

Pair scorecard

SCHB costs 0.83 points a year less; their one-year returns differ by 119.9 points.

SCHB vs USO: Differences, Returns & Fees
Measure	SCHB	USO
Return
Measure	SCHB	USO
Total return, 1 year	+13.4%	+133.3%
Drawdown
Measure	SCHB	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	SCHB	USO
What it tracks	Dow Jones U.S. Broad Stock Market Index	Oil futures
Cost and size
Measure	SCHB	USO
Expense ratio	0.03%	0.86%
Net assets, SCHB as of Aug 31, 2026 and USO as of Oct 28, 2026	$44.6bn	$1.9bn
Holdings
Measure	SCHB	USO
Holdings in common	not published
In the S&P 500, by weight	88%
Top ten holdings, share of the fund	33.7%

Method

Side by side

SCHB Schwab U.S. Broad Market ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer Schwab USCF

What it is Tracks an index of US broad market Holds oil futures

Total return, 1 year +13.4% +133.3%

Expense ratio 0.03% 0.86%

Holdings 2372 not counted

Net assets, SCHB as of Aug 31, 2026 and USO as of Oct 28, 2026 $44.6bn $1.9bn

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

Alert

About each fund

SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

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, SCHB or USO?: In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and USO +133.3%.
Which is cheaper, SCHB or USO?: SCHB is cheaper, by 0.83 percentage points a year. That is about $83 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

SCHB vs SIVR BWET vs SCHB SCHB vs SLV GLD vs SCHB USO vs VTI SPY vs USO USO vs VOO DIA vs USO

Where to next

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

Sources and dates

SCHB filings on SEC EDGAR ↗

SCHB prospectus with the expense ratio (SEC) ↗

Schwab website ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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