: This activity results in an expense ratio of 0.70% , significantly higher than standard equity ETFs. 📈 2. Current Market Snapshot (April 2026)
: To avoid taking physical delivery of oil, the fund must "roll" its contracts each month—selling the expiring one and buying the next month's. buy uso stock
: It buys oil futures contracts, primarily West Texas Intermediate (WTI), to track daily price movements. : This activity results in an expense ratio of 0
USO's performance is currently caught between conflicting geopolitical and economic signals: primarily West Texas Intermediate (WTI)