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

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

Which is cheaper, SCHX or USO?

SCHX 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

SCHX vs USO: Differences, Returns & Fees

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SCHX 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: $74.2bn on Aug 31, 2026 for Schwab U.S. Large-Cap ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

SCHX on its own →USO on its own →

At a glance

+13.1%

SCHX total return, 1 year

+133.3%

USO total return, 1 year

0.03%

SCHX expense ratio

0.86%

USO expense ratio

Pair scorecard

SCHX costs 0.83 points a year less; their one-year returns differ by 120.2 points.

SCHX vs USO: Differences, Returns & Fees
Measure	SCHX	USO
Return
Measure	SCHX	USO
Total return, 1 year	+13.1%	+133.3%
Drawdown
Measure	SCHX	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	SCHX	USO
What it tracks	Dow Jones U.S. Large-Cap Total Stock Market Index	Oil futures
Cost and size
Measure	SCHX	USO
Expense ratio	0.03%	0.86%
Net assets, SCHX as of Aug 31, 2026 and USO as of Oct 28, 2026	$74.2bn	$1.9bn
Holdings
Measure	SCHX	USO
Holdings in common	not published
In the S&P 500, by weight	94%
Top ten holdings, share of the fund	36.0%

Method

Side by side

SCHX Schwab U.S. Large-Cap ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer Schwab USCF

What it is Tracks an index of U.S. Large-Cap Holds oil futures

Total return, 1 year +13.1% +133.3%

Its benchmark over the same days +13.7% (IVV) not measured

Gap to its benchmark −0.6 pts vs IVV not measured

Expense ratio 0.03% 0.86%

Holdings 747 not counted

Net assets, SCHX as of Aug 31, 2026 and USO as of Oct 28, 2026 $74.2bn $1.9bn

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

Alert

About each fund

SCHX

SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 747 positions, with the top ten at 36.0%.

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, SCHX or USO?: In the year to Oct 28, 2026, with distributions reinvested, SCHX returned +13.1% and USO +133.3%.
Which is cheaper, SCHX or USO?: SCHX 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

SCHX vs SIVR BWET vs SCHX SCHX vs SLV GLD vs SCHX ITOT vs USO USO vs VIG DYNF vs USO SPYM vs USO

Where to next

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

Sources and dates

SCHX filings on SEC EDGAR ↗

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

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