United States Oil Fund LP (USO)
- Commodity | Natural Resources Funds
The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges. It may also invest in other oil interests such as cash-settled options on oil futures contracts, forward contracts for oil, and OTC transactions that are based on the price of oil.
Fund Snapshot Updated 07.22.2014
|Previous Close||$37.93||Expense Ratio||0.96%|
|YTD Return||7.45%||Avg. 30-Day Volume||2,966,159|
|1-Year Return||0.4%||Market Cap||Loading...|