United States Oil Fund, LP (USO): ETV
ETV traded on ARCX under symbol USO. Quoted in usd.
United States Oil Fund, LP
USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.
Largest holdings
- WTI CRUDE FUTURE Jan2745.90%
- DREY INST PREF GOV MM INST 654616.81%
- US DOLLARS14.77%
- TREASURY BILL 0 12/31/20263.31%
- TREASURY BILL 0 2/4/20273.30%
- TRS MACQUARIE MQCP361E 072120263.16%
- TRS SOC GEN SGIXCWTI 061820262.89%
- TREASURY BILL 0 11/17/20262.22%
- TREASURY BILL 0 12/1/20261.55%
- TREASURY BILL 0 11/10/20261.44%
30d
5.32M
60d
5.64M
90d
5.32M