USO
- United States Oil Fund LPKey Information
Earliest date | 2006-04-10 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | Marygold |
Index | Front Month Light Sweet Crude Oil |
Expense Ratio | 0.60% |
Number Of Holdings | 1 |
Inception Date | 2006-04-10 |
Asset Class | Commodity |
Currency | USD |
Listing | US-listed |
Sector | Energy |
Non-leveraged | Non-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.