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

In the year to Oct 28, 2026, with distributions reinvested, SHY returned +1.6% and USO +133.3%.

Which is cheaper, SHY or USO?

SHY 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

SHY vs USO: Differences, Returns & Fees

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SHY is a bond index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +1.6%.

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Net assets: $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

SHY on its own →USO on its own →

At a glance

+1.6%

SHY total return, 1 year

+133.3%

USO total return, 1 year

0.15%

SHY expense ratio

0.86%

USO expense ratio

Pair scorecard

SHY costs 0.71 points a year less; their one-year returns differ by 131.7 points; SHY is 14.4 times larger.

SHY vs USO: Differences, Returns & Fees
Measure	SHY	USO
Return
Measure	SHY	USO
Total return, 1 year	+1.6%	+133.3%
Drawdown
Measure	SHY	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	SHY	USO
What it tracks	ICE U.S. Treasury 1-3 Year Bond Index	Oil futures
Cost and size
Measure	SHY	USO
Expense ratio	0.15%	0.86%
Net assets, as of Oct 27, 2026	$27.4bn	$1.9bn
Holdings
Measure	SHY	USO
Holdings in common	not published

Method

Side by side

SHY iShares 1-3 Year Treasury Bond ETF USO United States Oil Fund, LP

Where it sits Bond ETF Commodity ETF

Issuer iShares USCF

What it is Tracks an index of 1-3 Year Treasury Bond Holds oil futures

Total return, 1 year +1.6% +133.3%

Its benchmark over the same days +1.7% (BBSB) not measured

Gap to its benchmark −0.1 pts vs BBSB not measured

Expense ratio 0.15% 0.86%

Holdings 90 not counted

Net assets, SHY as of Oct 27, 2026 and USO as of Oct 28, 2026 $27.4bn $1.9bn

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

Alert

About each fund

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

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, SHY or USO?: In the year to Oct 28, 2026, with distributions reinvested, SHY returned +1.6% and USO +133.3%.
Which is cheaper, SHY or USO?: SHY 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

SHY vs SIVR BWET vs SHY SHY vs SLV GLD vs SHY USO vs VGSH IEI vs USO BSV vs USO BNDX vs USO

Where to next

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

Sources and dates

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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