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

In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and XOVR −3.0%.

Which is cheaper, USO or XOVR?

USO is cheaper, by 0.95 percentage points a year. That is about $95 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

USO vs XOVR: Differences, Returns & Fees

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USO is a commodity futures fund and XOVR an actively managed equity fund, and over the year to Oct 28, 2026, USO returned +133.3% against −3.0%.

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Net assets: $1.9bn on Oct 28, 2026 for United States Oil Fund, LP, and $2.2bn on Jun 30, 2026 for ERShares Private-Public Crossover ETF.

USO on its own →XOVR on its own →

At a glance

+133.3%

USO total return, 1 year

−3.0%

XOVR total return, 1 year

0.86%

USO expense ratio

1.81%

XOVR expense ratio

Pair scorecard

USO costs 0.95 points a year less; their one-year returns differ by 136.3 points.

USO vs XOVR: Differences, Returns & Fees
Measure	USO	XOVR
Return
Measure	USO	XOVR
Total return, 1 year	+133.3%	−3.0%
Drawdown
Measure	USO	XOVR
Below its high	82.3%, high on Jul 14, 2008	6.5%, high on Oct 5, 2026
Benchmark
Measure	USO	XOVR
What it tracks	Oil futures	No index, actively managed
Cost and size
Measure	USO	XOVR
Expense ratio	0.86%	1.81%
Net assets, USO as of Oct 28, 2026 and XOVR as of Jun 30, 2026	$1.9bn	$2.2bn
Holdings
Measure	USO	XOVR
Holdings in common	not published
In the S&P 500, by weight		43%
Top ten holdings, share of the fund		63.1%

Method

Side by side

USO United States Oil Fund, LP XOVR ERShares Private-Public Crossover ETF

Where it sits Commodity ETF Stock ETF

Issuer USCF ERShares

What it is Holds oil futures Actively managed

Total return, 1 year +133.3% −3.0%

Expense ratio 0.86% 1.81%

Holdings not counted 32

Net assets, USO as of Oct 28, 2026 and XOVR as of Jun 30, 2026 $1.9bn $2.2bn

USO and XOVR 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.

XOVR

XOVR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 1.81% a year. By its holdings filed for Jun 30, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 63.1%. It sat 6.5% below its high of Oct 5, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, USO or XOVR?: In the year to Oct 28, 2026, with distributions reinvested, USO returned +133.3% and XOVR −3.0%.
Which is cheaper, USO or XOVR?: USO is cheaper, by 0.95 percentage points a year. That is about $95 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

USO vs VUG GARP vs USO MAGS vs USO FBCG vs USO BWET vs XOVR IAU vs XOVR GLD vs XOVR SIVR vs XOVR

Where to next

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

Sources and dates

USCF website ↗

XOVR filings on SEC EDGAR ↗

XOVR prospectus with the expense ratio (SEC) ↗

ERShares website ↗

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

Cite this pageCitation, APA and Markdown

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

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