USO ETF Analysis & Comprehensive Review (April 2026)
What is the United States Oil Fund, LP (USO)?
The United States Oil Fund, LP, traded under the ticker USO, is an exchange-traded fund (ETF) operating within the Oil category. As part of the broader Commodity asset class, this fund is managed by Otherand provides investors with targeted exposure to its underlying benchmark.
USO Rating and Quantitative Profile
As of April 2026, the Blank Capital quantitative model assigns USO a Hold rating, driven by a composite score of 50.0 out of 100. This proprietary ranking evaluates the ETF across five core dimensions: cost efficiency, historical performance, momentum, liquidity, and tracking error.
Breaking down the factor DNA, USO scores 50/100 for Cost Efficiency, indicating its fee structure relative to category peers. Its Performance Score sits at 50/100, while Momentum is measured at 50/100. Furthermore, the fund earns a Liquidity Score of 50/100 and a Tracking Score of 50/100, which evaluates how closely the fund replicates its intended benchmark without structural deviation.
Is USO Expensive? (Expense Ratio Analysis)
Cost is a critical determinant of long-term ETF returns. The USO ETF carries an expense ratio of N/A, meaning investors pay approximately $0 annually for every $10,000 invested. This fee is relatively standard for the category, representing a fair price for the exposure provided.
Final Verdict: Should You Invest in USO?
With a Hold rating and a 50.0/100 composite score, United States Oil Fund, LP (USO) presents a reasonable option within the Oil universe. Investors seeking exposure to the Commodity market should evaluate whether the fund's fee structure and historical tracking metrics align with their broader portfolio objectives and risk tolerance.