Oil ETFs

59 ETFs · AUM: $18.48B

Oil ETFs provide exposure to crude oil prices through futures contracts, allowing investors to speculate on or hedge against movements in the energy commodity market. These funds do not invest in oil company stocks; instead, they hold oil futures contracts and roll them forward as they approach expiration, aiming to track the spot price of crude oil.

The primary oil ETFs include USO (United States Oil Fund), the largest and most liquid crude oil ETF that tracks West Texas Intermediate (WTI) futures, BNO (United States Brent Oil Fund), which tracks Brent crude futures and is more relevant for global oil pricing, and OIL (iPath Pure Beta Crude Oil ETN), which uses an optimized rolling strategy to reduce contango-related losses.

Oil ETFs are primarily used for short-term trading and tactical allocation rather than long-term buy-and-hold investing. The futures-based structure means these funds can suffer from contango, where rolling into more expensive future-month contracts erodes returns over time. This makes oil ETFs poor long-term proxies for oil prices. Investors seeking long-term energy exposure may be better served by energy sector equity ETFs. Oil commodity ETFs are best suited for experienced investors who understand futures dynamics and want short-term directional exposure to crude oil prices.

59 ETFs found

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SymbolFund NameAUMPrice
DEEDB Commodity Double Short ETN$45K
SZOXFDB Crude Oil Short ETN$72K
DDPDB Commodity Short ETN$164K
DYYDB Commodity Double Long ETN$399K
WTIBUSCF Oil Plus Bitcoin Strategy Fund$401K$25.14
SZODB Crude Oil Short ETN$785K
WTIDMicroSectors Energy 3X Inverse Leveraged ETNs$2.0M$5.01
USEUSCF Energy Commodity Strategy Absolute Return Fund$2.2M$30.27
NRGDMicroSectors U.S. Big Oil -3 Inverse Leveraged ETN$2.7M$31.80
AOILAberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF$3.4M
NRGOMicroSectors U.S. Big Oil Index 2X Leveraged ETNs$3.7M
OFOSRange Global Offshore Oil Services ETF$4.3M
USODUnited States 3x Short Oil Fund$4.6M
DDGProShares Short Oil & Gas$4.6M
ONGDirexion Daily Oil Services Bull 2X Shares$8.8M
OILTTexas Capital Texas Oil Index ETF$10.0M$30.42
OILDMicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN$11.6M$46.80
PBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF$11.7M$33.05
USOUUnited States 3x Oil Fund$13.3M
WTIUMicroSectors Energy 3X Leveraged ETNs$14.2M$19.27
FRAKVanEck Vectors Unconventional Oil & Gas ETF$19.3M
BWETBreakwave Tanker Shipping ETF$19.8M$59.56
OILXUBS ETRACS S&P GSCI Crude Oil Total Return Index ETN$23.3M
NRGUMicroSectors U.S. Big Oil 3 Leveraged ETN$27.4M$38.20
NRGZMicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs$29.2M
YGRNMicroSectors U.S. Big Oil Index Inverse ETNs$32.9M
OLEMiPath Pure Beta Crude Oil ETN$33.4M$12.58
OILUMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN$33.5M$44.69
DTODB Crude Oil Double Short ETN$34.2M
USLUnited States 12 Month Oil Fund$39.6M$48.90
UGAUnited States Gasoline Fund LP$45.7M$96.45
OILiPath Pure Beta Crude Oil ETN$52.6M
PXJInvesco Oil & Gas Services ETF$61.0M$38.47
DBEInvesco DB Energy Fund$61.6M$28.50
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$66.4M$4.96
USOYOil Enhanced Options Income ETF$69.8M$8.31
PXEInvesco Energy Exploration & Production ETF$92.0M$36.22
BNOUnited States Brent Oil Fund LP$95.5M$49.01
CRAKVanEck Oil Refiners ETF$106.8M$46.83
OILKProShares - K-1 Free Crude Oil ETF$151.9M$54.48
FTXNFirst Trust Nasdaq Oil & Gas ETF$152.7M$36.14
USOIUBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037$276.4M$55.90
DWTVelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$277.1M
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF$376.1M$37.66
IEZiShares U.S. Oil Equipment & Services ETF$388.4M$26.56
DBOInvesco DB Oil Fund$393.8M$20.55
SCOProShares - UltraShort Bloomberg Crude Oil$397.1M$8.50
XESState Street SPDR S&P Oil & Gas Equipment & Services ETF$435.8M$109.91
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
IEOiShares U.S. Oil & Gas Exploration & Production ETF$566.4M$117.40
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