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

In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and XLP +13.8%.

Which is cheaper, USO or XLP?

XLP is cheaper, by 0.78 percentage points a year. That is about $78 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

USO vs XLP: Differences, Returns & Fees

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USO is a commodity futures fund and XLP an equity index fund, and over the year to Oct 28, 2026, USO returned +133.3% against +13.8%.

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Net assets: $1.9bn on Oct 28, 2026 for United States Oil Fund, LP, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

USO on its own →XLP on its own →

At a glance

+133.3%

USO total return, 1 year

+13.8%

XLP total return, 1 year

0.86%

USO expense ratio

0.08%

XLP expense ratio

Pair scorecard

XLP costs 0.78 points a year less; their one-year returns differ by 119.5 points; XLP is 7.7 times larger.

USO vs XLP: Differences, Returns & Fees
Measure	USO	XLP
Return
Measure	USO	XLP
Total return, 1 year	+133.3%	+13.8%
Drawdown
Measure	USO	XLP
Below its high	82.3%, high on Jul 14, 2008	3.5%, high on Oct 22, 2026
Benchmark
Measure	USO	XLP
What it tracks	Oil futures	Consumer Staples Select Sector Index
Cost and size
Measure	USO	XLP
Expense ratio	0.86%	0.08%
Net assets, as of Oct 27, 2026	$1.9bn	$14.6bn
Holdings
Measure	USO	XLP
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		62.9%

Method

Side by side

USO United States Oil Fund, LP XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Commodity ETF Stock ETF

Issuer USCF State Street

What it is Holds oil futures Tracks an index of Consumer staples

Total return, 1 year +133.3% +13.8%

Expense ratio 0.86% 0.08%

Holdings not counted 36

Net assets, USO as of Oct 28, 2026 and XLP as of Oct 27, 2026 $1.9bn $14.6bn

USO and XLP 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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, USO or XLP?: In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and XLP +13.8%.
Which is cheaper, USO or XLP?: XLP is cheaper, by 0.78 percentage points a year. That is about $78 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

USO vs VDC SCHH vs USO USO vs VHT USO vs XLC BWET vs XLP GLDM vs XLP GLD vs XLP IAU vs XLP

Where to next

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

Sources and dates

USCF website ↗

XLP filings on SEC EDGAR ↗

XLP prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

Cite this pageCitation, APA and Markdown

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

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