All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

USO: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

USO real return snapshot: after CPI-U inflation, USO returned +129.46% over the past year and +124.59% YTD, with dividends reinvested. Since Apr. 10, 2006, USO is down −82.35% in real purchasing-power return, or −8.11%/yr, and is currently −88.81% below its real total-return high on Jul. 14, 2008.

Data ending Fri Oct. 16, 2026

Growth of $10,000

Mon 2006-04-10💬 to Fri 2026-10-16 Overall
Return 		Exponential
Trendline
USO × 		−82.35%
−8.11%/yr 		−13.17%/yr
R2=0.810
United States Oil Fund LP Exchange-Traded Fund

Growth of $10,000 Summary

Mon 2006-04-10💬 to Fri 2026-10-16 Start
Value 		End
Value
USO × 		$10,000.00
2006-04-10 		$1,764.92
2026-10-16

This Year’s Performance

through 2026-10-16

  YTD YoY
USO × 		+124.59% +129.46%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
USO × 		−88.81%
on 2026-10-16
from 2008-07-14 peak 		−98.45%
on 2020-04-28
from 2008-07-14 peak

Rolling Returns

Period ending Fri 2026-10-16 1 yr 2 yr 3 yr 5 yr 10 yr
USO × 		+129.46% +108.87%
+44.52%/yr 		+88.16%
+23.46%/yr 		+130.99%
+18.23%/yr 		+26.52%
+2.38%/yr

Annual Returns

Year USO
2026 (YTD) +124.59%
2025 −10.84%
2024 +10.18%
2023 −8.02%
2022 +21.14%
2021 +53.85%
2020 −68.22%
2019 +29.65%
2018 −21.07%
2017 +0.35%
2016 +4.38%
2015 −46.37%
2014 −42.79%
2013 +4.28%
2012 −13.93%
2011 −5.10%
2010 −2.18%
2009 +15.53%
2008 −56.35%
2007 +41.05%
2006 −24.67%