PortfolioMetrics

USO

- United States Oil Fund LP

Key Information

Earliest date2006-04-10
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderMarygold
IndexFront Month Light Sweet Crude Oil
Expense Ratio0.60%
Number Of Holdings1
Inception Date2006-04-10
Asset ClassCommodity
CurrencyUSD
ListingUS-listed
SectorEnergy
Non-leveragedNon-leveraged

About USO

The United States Oil Fund LP is an exchange-traded fund that tracks the price of light sweet crude oil, providing investors with a way to gain exposure to the energy market. The fund's laddered strategy aims to mitigate the effects of contango, making it suitable for short-term traders seeking to capitalize on oil price movements.