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1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
USL | -8.23% | +134.06% | +18.54% | -33% |
S&P | +14.5% | +93.32% | +14.09% | +344% |
The investment seeks to replicate the changes in percentage terms of the price of light sweet crude oil delivered to Cushing Oklahoma as measured by the changes in the average of the prices of 12 futures contracts on crude oil traded on the NYMEX.
The oil futures market is now much more favorable for futures-tracking ETFs.
Read this to help you decide how to bet on one of the world's most sought-after resources.
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