- What are the top holdings of USO?
- United States Oil Fund, LP holds 1 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does USO have?
- USO holds 1 positions as reported by the fund's most recent disclosure.
- What sectors does USO invest in?
- United States Oil Fund, LP (USO) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is USO most exposed to?
- USO's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is USO a US-only fund?
- The country allocation card on this page shows USO's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does USO invest in?
- 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.
