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

In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and VBIL +3.7%.

Which is cheaper, USO or VBIL?

VBIL is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

USO vs VBIL: Differences, Returns & Fees

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USO is a commodity futures fund and VBIL a short-term Treasury fund, and over the year to Oct 28, 2026, USO returned +133.3% against +3.7%.

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Net assets: $1.9bn on Oct 28, 2026 for United States Oil Fund, LP, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.

USO on its own →VBIL on its own →

At a glance

+133.3%

USO total return, 1 year

+3.7%

VBIL total return, 1 year

0.86%

USO expense ratio

0.06%

VBIL expense ratio

Pair scorecard

VBIL costs 0.80 points a year less; their one-year returns differ by 129.6 points.

USO vs VBIL: Differences, Returns & Fees
Measure	USO	VBIL
Return
Measure	USO	VBIL
Total return, 1 year	+133.3%	+3.7%
Drawdown
Measure	USO	VBIL
Below its high	82.3%, high on Jul 14, 2008
Benchmark
Measure	USO	VBIL
What it tracks	Oil futures	Bloomberg U.S. Treasury Bills 0-3 Months Index
Cost and size
Measure	USO	VBIL
Expense ratio	0.86%	0.06%
Net assets, USO as of Oct 28, 2026 and VBIL as of Sep 30, 2026	$1.9bn	$12.8bn
Holdings
Measure	USO	VBIL
Holdings in common	not published

Method

Side by side

USO United States Oil Fund, LP VBIL Vanguard 0-3 Month Treasury Bill ETF

Where it sits Commodity ETF Bond ETF

Issuer USCF Vanguard

What it is Holds oil futures Tracks an index of 0-3 Month Treasury Bill

Total return, 1 year +133.3% +3.7%

Expense ratio 0.86% 0.06%

Holdings not counted 28

Net assets, USO as of Oct 28, 2026 and VBIL as of Sep 30, 2026 $1.9bn $12.8bn

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

Alert

About each fund

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.

VBIL

VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

Questions people ask

Which returned more over the last year, USO or VBIL?: In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and VBIL +3.7%.
Which is cheaper, USO or VBIL?: VBIL is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

USO vs VUSB SHV vs USO BIL vs USO SGOV vs USO BWET vs VBIL GLD vs VBIL GLDM vs VBIL IAU vs VBIL

Where to next

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

Sources and dates

USCF website ↗

VBIL filings on SEC EDGAR ↗

VBIL prospectus with the expense ratio (SEC) ↗

Vanguard page for VBIL ↗

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

Cite this pageCitation, APA and Markdown

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

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