USCF United States 12 Month Oil Fund® LP
USL NYSE Arca
The United States 12 Month Oil Fund® LP (USL) is an exchange-traded security that is designed to track the price movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues shares that may be purchased and sold on the NYSE Arca. The investment objective of USL is for the daily c...
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- Fund size
- 40.5M as of Feb 2020
- Expense ratio
- 0.86% per year
- Dividend yield
- 0.00% Trailing 12 months
- Volatility · 1Y
- 30.5% High Risk
- Beta
- 0.00 vs the market
- 52-week range
- 32.3364.59
How USL has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 30Total return vs price return
Price onlyOver 1 year, USL returned +83.9% with dividends reinvested — dividends added 0.0 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±31% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −20.9% on Jul 1, 2026 — 43 days after the previous high
More than 5% below a high 35% of the time.
Market sensitivity
BetaA beta of 0.00 means USL has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Uptrend- 12-day average63.00 +2.2%
- 26-day average60.99 +5.6%
- 50-day average58.40 +10.3%
- 200-day average50.51 +27.5%
The price is above 4 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.
Relative strength (RSI)
OverboughtRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Commodities (Energy) · Commodity Pools (Oil Futures) — tracking the West Texas Intermediate ("WTI") light, sweet crude oil.
- Assets under management40.5MUSD
- Expense ratio0.86%per year
- Holdings40
- Risk score6.5Medium
Launched December 2007. Listed options available. Fund data as of Feb 28, 2020.
Where USL shows up
Curated themes and indices that hold USL. Open one to see it in context, or test the whole theme in a portfolio.
About USCF United States 12 Month Oil Fund® LP
The United States 12 Month Oil Fund® LP (USL) is an exchange-traded security that is designed to track the price movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues shares that may be purchased and sold on the NYSE Arca. The investment objective of USL is for the daily changes in percentage terms of its shares NAV to reflect the daily changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of USL's Benchmark Oil Futures Contracts, less USL's expenses. USL's Benchmark is the near month futures contract to expire and the contracts for the following 11 months, for a total of 12 consecutive months
- Featured in 1 curated theme
- 40 holdings
- Ticker
- USL
- Exchange
- NYSE Arca
- ISIN
- US91288V1035
- CUSIP
- 91288V103
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Commodities (Energy)
- Industry
- Commodity Pools (Oil Futures)
- Benchmark
- West Texas Intermediate ("WTI") light, sweet crude oil
All key statistics
Details
Shareas of Oct 30, 2026
Dataas of Feb 28, 2020
Put USL to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.