United States Oil Etf Profile
| USO Etf | USD 71.72 0.11 0.15% |
Performance0 of 100
| Odds Of DistressOver 64
|
United States is selling at 71.72 as of the 28th of November 2024; that is 0.15% increase since the beginning of the trading day. The etf's open price was 71.61. United States has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for United States Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. US Oil is traded on NYSEARCA Exchange in the United States. The company has 162.41 M outstanding shares. More on United States Oil
United Etf Highlights
| Thematic Idea | Energy ETFs (View all Themes) |
| Old Name | US Oil Sands Inc. |
| Business Concentration | Energy ETFs, Commodities Focused, USCF Investments, Trading (View all Sectors) |
| Issuer | US Commodity Funds |
| Inception Date | 2006-04-10 |
| Entity Type | Partnership |
| Asset Under Management | 1.23 Billion |
| Average Trading Valume | 3.58 Million |
| Asset Type | Commodities |
| Category | Energy |
| Focus | Crude Oil |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | United States Commodity Funds LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Ray W. Allen |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 12.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.7 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 7.44 |
| Name | United States Oil Fund LP |
| Currency Code | USD |
| Open Figi | BBG000NL49J3 |
| In Threey Volatility | 26.32 |
| 1y Volatility | 18.11 |
| 200 Day M A | 75.4856 |
| 50 Day M A | 72.9228 |
| Code | USO |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.27 |
United States Oil [USO] is traded in USA and was established 2006-04-10. The fund is classified under Commodities Focused category within USCF Investments family. The entity is thematically classified as Energy ETFs. United States Oil at this time have 2.1 B in net assets. , while the total return for the last 3 years was 13.0%.
United States Oil has about 3.28 B in cash with (1.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -9.812.
Check United States Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on United Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding United Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as United States Oil Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top United States Oil Etf Constituents
| WTI CRUDE JAN 24 | 6.79226% |
| WTI CRUDE FEB 24 | 4.52597% |
| CLZ3 | 6.79649% |
| WTI CRUDE MAR 24 | 2.26242% |
| CLX3 | 16.31994% |
| Crude Oil May24 | 6.76863% |
United States Top Holders
| CGHIX | Crow Point Defined | Mutual Fund | Tactical Allocation | |
| OILK | ProShares K 1 Free | Etf | Commodities Focused | |
| ABRWX | Americafirst Tactical Alpha | Mutual Fund | Tactical Allocation | |
| ABRUX | Americafirst Monthly Risk On | Mutual Fund | Tactical Allocation | |
| ABRFX | Americafirst Tactical Alpha | Mutual Fund | Tactical Allocation |
United States Oil Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in United States. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 1.67 |
United States Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of United States Oil is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.