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

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

Which is cheaper, USO or VTIP?

VTIP 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 VTIP: Differences, Returns & Fees

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

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Net assets: $1.9bn on Oct 28, 2026 for United States Oil Fund, LP, and $20.9bn on Sep 30, 2026 for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

USO on its own →VTIP on its own →

At a glance

+133.3%

USO total return, 1 year

+2.2%

VTIP total return, 1 year

0.86%

USO expense ratio

0.03%

VTIP expense ratio

Pair scorecard

VTIP costs 0.83 points a year less; their one-year returns differ by 131.1 points.

USO vs VTIP: Differences, Returns & Fees
Measure	USO	VTIP
Return
Measure	USO	VTIP
Total return, 1 year	+133.3%	+2.2%
Drawdown
Measure	USO	VTIP
Below its high	82.3%, high on Jul 14, 2008
Benchmark
Measure	USO	VTIP
What it tracks	Oil futures	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Measure	USO	VTIP
Expense ratio	0.86%	0.03%
Net assets, USO as of Oct 28, 2026 and VTIP as of Sep 30, 2026	$1.9bn	$20.9bn
Holdings
Measure	USO	VTIP
Holdings in common	not published

Method

Side by side

USO United States Oil Fund, LP VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Where it sits Commodity ETF Bond ETF

Issuer USCF Vanguard

What it is Holds oil futures Tracks an index of Short-Term Inflation-Protected Securities

Total return, 1 year +133.3% +2.2%

Expense ratio 0.86% 0.03%

Holdings not counted 26

Net assets, USO as of Oct 28, 2026 and VTIP as of Sep 30, 2026 $1.9bn $20.9bn

USO and VTIP 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.

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USO or VTIP?: In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and VTIP +2.2%.
Which is cheaper, USO or VTIP?: VTIP 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

BINC vs USO TIP vs USO USO vs VCLT BNDX vs USO BWET vs VTIP IAU vs VTIP GLD vs VTIP SIVR vs VTIP

Where to next

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

Sources and dates

USCF website ↗

VTIP filings on SEC EDGAR ↗

VTIP prospectus with the expense ratio (SEC) ↗

Vanguard page for VTIP ↗

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

Cite this pageCitation, APA and Markdown

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

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