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

In the year to Oct 28, 2026, with distributions reinvested, SPSB returned +2.2% and USO +133.3%.

Which is cheaper, SPSB or USO?

SPSB is cheaper, by 0.82 percentage points a year. That is about $82 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SPSB vs USO: Differences, Returns & Fees

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SPSB is a bond index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +2.2%.

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Net assets: $11.3bn on Oct 27, 2026 for State Street SPDR Portfolio Short Term Corporate Bond ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

SPSB on its own →USO on its own →

At a glance

+2.2%

SPSB total return, 1 year

+133.3%

USO total return, 1 year

0.04%

SPSB expense ratio

0.86%

USO expense ratio

Pair scorecard

SPSB costs 0.82 points a year less; their one-year returns differ by 131.1 points; SPSB is 5.9 times larger.

SPSB vs USO: Differences, Returns & Fees
Measure	SPSB	USO
Return
Measure	SPSB	USO
Total return, 1 year	+2.2%	+133.3%
Drawdown
Measure	SPSB	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	SPSB	USO
What it tracks	Bloomberg U.S. 1-3 Year Corporate Bond Index	Oil futures
Cost and size
Measure	SPSB	USO
Expense ratio	0.04%	0.86%
Net assets, as of Oct 27, 2026	$11.3bn	$1.9bn
Holdings
Measure	SPSB	USO
Holdings in common	not published

Method

Side by side

SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF USO United States Oil Fund, LP

Where it sits Bond ETF Commodity ETF

Issuer State Street USCF

What it is Tracks an index of Short Term Corporate Bond Holds oil futures

Total return, 1 year +2.2% +133.3%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark +3.6 pts vs AGG not measured

Expense ratio 0.04% 0.86%

Holdings 1684 not counted

Net assets, SPSB as of Oct 27, 2026 and USO as of Oct 28, 2026 $11.3bn $1.9bn

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

Alert

About each fund

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% 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, SPSB or USO?: In the year to Oct 28, 2026, with distributions reinvested, SPSB returned +2.2% and USO +133.3%.
Which is cheaper, SPSB or USO?: SPSB is cheaper, by 0.82 percentage points a year. That is about $82 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BWET vs SPSB GLDM vs SPSB GLD vs SPSB IAU vs SPSB BSV vs USO IGSB vs USO USO vs VCSH EDV vs USO

Where to next

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

Sources and dates

SPSB filings on SEC EDGAR ↗

SPSB prospectus with the expense ratio (SEC) ↗

State Street website ↗

USCF website ↗

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

Cite this pageCitation, APA and Markdown

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

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