USLUnited States 12 Month Oil Fund(Exchange Traded Fund )
XTF Rating* 7.2
Price:$16.02 -0.045(-0.28%)
52 Week:$9.5 - $23.85
Volume: 194,733
Avg Daily Volume: 705,632
Market Cap: $246,597,750 Avg Trade Size: 410 shares
Fund Turnover: 29 days 8/14/2020 3:59:58 PM

United States 12 Month Oil Fund is an exchange-traded fund incorporated in the USA. The United States 12 Month Oil Fund  LP ("USL") is an exchange-traded security that is designed to track the movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues units 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 units' net asset value ("NAV") to reflect the daily changes in percentage terms of the spot 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 for light, sweet crude oil traded on the NYMEX, consisting of the near month contract to expire and the contracts for the following 11 months, for a total of 12 consecutive months' contracts, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contracts that are the next month contract to expire and the contracts for the following 11 consecutive months (the "Benchmark Futures Contract"), less USL's expenses. When calculating the daily movement of the average price of the 12 contracts each contract month will be equally weighted.

Inception Date: 12/6/2007Geography: Global  Asset Class: Commodity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedPrice Basis: Derivatives (Futures)
Issuer: United States Commodities Fund LLCUnderlying Index: Bloomberg Nymex Crude Oil 12 Months Strip IndexHard Asset Type: Energy > Crude Oil
Index Provider: New York Mercantile Exchange, Inc.Index Composition: Equal-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
USL Structural Integrity ranks in the 75th percentile (among all 101 Commodity ETFs over past 6 months).
as of 6/30/2020 Value  Rank (%)
Expense Ratio 0.86% 
Average Bid Ask Ratio Premium Content 
Tracking Error Premium Content 
Concentration Risk Premium Content 
Market Impact Premium Content 
Efficiency Premium Content 
Cap Gains Dist Premium Content 
as of 8/13/2020  
Avg Number of Components   (range) 1   (1-1)
Legal Structure Limited Partnership 
Annual Yield 0.00%
Last Dividend PaidDate 0.0, n/a   See Distributions
Options / Futures Available Y  /  Y 
Short Interest / Days to Cover 0.2% /  0 days
Net Asset Value $246,424,678 
Premium (Discount) 0.07% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.

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