United States 12 Month Oil Fund (USL)
| Assets | $146.27M |
| NAV | $26.12 |
| Expense Ratio | 0.88% |
| PE Ratio | n/a |
| Shares Out | 5.60M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | - |
| Volume | 45,302 |
| Open | 25.84 |
| Previous Close | 26.10 |
| Day's Range | 25.73 - 25.96 |
| 52-Week Low | 13.25 |
| 52-Week High | 26.34 |
| Beta | 1.23 |
| Holdings | 17 |
| Inception Date | Dec 6, 2007 |
About USL
The investment seeks to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of specified short-term futures contracts on light, sweet crude oil called the "Benchmark Oil Futures Contracts. The fund 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. The Benchmark Oil Futures Contracts are the futures contracts on light, sweet crude oil as traded on the New York Mercantile Exchange.
Top 10 Holdings
145.88% of assets| Name | Symbol | Weight |
|---|---|---|
| MORGAN STANLEY LIQ GOVT INST 8302 | N/A | 69.82% |
| WTI CRUDE FUTURE Sep21 | N/A | 8.79% |
| WTI CRUDE FUTURE Oct21 | N/A | 8.71% |
| WTI CRUDE FUTURE Nov21 | N/A | 8.61% |
| WTI CRUDE FUTURE Dec21 | N/A | 8.55% |
| WTI CRUDE FUTURE Jan22 | N/A | 8.42% |
| WTI CRUDE FUTURE Feb22 | N/A | 8.37% |
| WTI CRUDE FUTURE Mar22 | N/A | 8.26% |
| WTI CRUDE FUTURE Apr22 | N/A | 8.23% |
| WTI CRUDE FUTURE May22 | N/A | 8.12% |
News
Crude ETFs Encounter Volatility in Wake of Tropical Storm Ida
Crude oil futures and crude ETFs have been volatile following the fallout from Hurricane Ida and investor concerns about an OPEC+ meeting that could potentially result in additional output once again. O...
Crude ETFs Surge on Monday, Breaking Their Seven-Day Drop
For seven consecutive days, crude oil and crude ETF prices came roaring back by as much as 5.3% on Monday, bolstered by a weaker dollar, bargain hunting, and the full approval of the Pfizer vaccine, whi...
Crude Oil ETFs Crater for the Sixth Day in a Row
Crude oil and crude ETFs are under pressure once again, falling for a sixth consecutive session on Thursday, as demand worries and a late reaction from the Federal Reserve that it will suspend its bond-...
Crude ETFs Plummet as Oil Drops More than 8%
With stocks and index ETFs tumbling on Monday amid exploding volatility, crude oil futures and ETFs are also under pressure. U.S. Benchmark West Texas Intermediate crude futures sank below $70 per barre...
Tough Time for Energy ETFs on Oversupply Concerns?
Oil prices declined more than 2% on Jul 14 after major global oil producers clinched a deal about supply, which gives cues of oversupply concerns.
Optimistic About Oil ETFs? 2 Factors May Hurt the Energy Market
Oil prices have staged a rally lately. But uncertainty about the OPEC+ deal, chances of higher output and the resurgence of the delta variant of Covid have made the space a winner.
Oil ETFs to Shine Bright on Improving Demand Scenario
Oil prices are soaring this year as global economies are recovering from the pandemic-led slump.
Crude ETFs Climb as Oil Futures Approach Multi-Year Highs
Crude oil futures and ETFs jumped to multi-year highs on Friday, targeting a third straight week of gains, as the projections for global demand continue to climb amid rising vaccination rates and easing...
ETFs to Gain as Oil Rallies on Upbeat Demand Outlook
Oil prices are soaring this year as global economies are recovering from the pandemic-led slump.
Can Crude Oil ETFs Continue To Climb?
While stocks are moving higher, crude oil is losing considerable ground Thursday, after scoring a two-month high on Wednesday, as U.S. crude exports tumbled, and indications of a swifter economic recove...
Best Oil ETFs for Q2 2021
The best oil ETFs for Q2 2021 are DBO, USL, and BNO.
ETFs to Shine as Oil Gains on Stimulus Optimism
Oil prices are surging as hopes are high on President-elect Joe Biden's efforts to restore growth and energy demand in the United States.
Is it a Good Idea to Invest in Oil ETFs? Let's Find Out
Here we discuss whether it will be prudent to pick oil ETFs now as the oil market strengthens on rising demand amid progress in coronavirus vaccine development.
Best Oil ETFs for Q1 2021
The best oil ETFs for Q1 2021 are DBO, USL, and BNO.
Oil prices edge up on stimulus support despite ample supplies
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a well...
Best Performing Oil ETFs for Q4 2020
The best oil ETFs for Q4 2020 are DBO, USL, and BNO.
Stock Market Update For The Week Ahead: 'Cautious Attitude'
What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said Lindsey Bell, chief investment officer for Ally Financial Inc-ow...
Best Performing Oil ETFs for Q3 2020
The best oil ETFs for Q3 2020 are DBO, USL, and BNO.
Is it the Right Time to Invest in Oil ETFs? Let's Explore
Here we discuss whether it will be prudent to pick oil ETFs now as the oil market strengthens on rising demand and well-managed supplies.
Is the Worst Over for Oil ETFs?
Improving supply/demand trends have compelled many investors to look into the oil commodity world.
Oil in Great Contango: Here's How to Play With Crude ETFs
Though WTI crude ETF USO may benefit from the recent structural changes, USL and DBO appear as better bets due to their original investment objectives amid the ongoing pain in the oil patch.
ETFs at Risk as Oil Sees Worst Quarter on Record
Market participants believe that the oil market is dealing with dual blows of supply and demand.
ETFs at Risk as Oil Slips to 18-Year Low on Coronavirus Crisis
The oil market is grappling with dual blows of supply and demand. The coronavirus pandemic is crippling oil demand while dispute within OPEC+ will soon lead to increased output.