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

In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and VTEB −0.4%.

Which is cheaper, USO or VTEB?

VTEB 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

USO vs VTEB: Differences, Returns & Fees

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USO is a commodity futures fund and VTEB a bond index fund, and over the year to Oct 28, 2026, USO returned +133.3% against −0.4%.

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Net assets: $1.9bn on Oct 28, 2026 for United States Oil Fund, LP, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

USO on its own →VTEB on its own →

At a glance

+133.3%

USO total return, 1 year

−0.4%

VTEB total return, 1 year

0.86%

USO expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.83 points a year less; their one-year returns differ by 133.7 points.

USO vs VTEB: Differences, Returns & Fees
Measure	USO	VTEB
Return
Measure	USO	VTEB
Total return, 1 year	+133.3%	−0.4%
Drawdown
Measure	USO	VTEB
Below its high	82.3%, high on Jul 14, 2008
Benchmark
Measure	USO	VTEB
What it tracks	Oil futures	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	USO	VTEB
Expense ratio	0.86%	0.03%
Net assets, USO as of Oct 28, 2026 and VTEB as of Sep 30, 2026	$1.9bn	$49.6bn
Holdings
Measure	USO	VTEB
Holdings in common	not published

Method

Side by side

USO United States Oil Fund, LP VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer USCF Vanguard

What it is Holds oil futures Tracks an index of Tax-Exempt Bond

Total return, 1 year +133.3% −0.4%

Expense ratio 0.86% 0.03%

Holdings not counted 11155

Net assets, USO as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $1.9bn $49.6bn

USO and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USO or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and VTEB −0.4%.
Which is cheaper, USO or VTEB?: VTEB 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

MUB vs USO HYMB vs USO IUSB vs USO USO vs VCIT SIVR vs VTEB BWET vs VTEB SLV vs VTEB GLD vs VTEB

Where to next

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

Sources and dates

USCF website ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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

Cite this pageCitation, APA and Markdown

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

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