USO monthly performance report
View USO's monthly returns, drawdown, and seasonality trends — updated every month.
USO monthly report
—
Key takeaways
- USO (USO) closed November 2026 at $145.58, down 13.77% for the month and +108.42% over the trailing 12 months.
- Year-to-date, USO is +110.50%, outperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading +14.30% versus its 200-day moving average ($127.37), a bullish technical signal.
- Over the past three years, USO has outperformed the S&P 500 by +28.27%, with a relative strength index reading of 116.5.
- Win rate over the trailing 39 months stands at 51.3% — 20 positive months versus 19 negative months.
USO ended November 2026 at $145.58, posting a monthly return of −13.77%. The S&P 500 returned −0.18% over the same window, leaving relative performance at −13.59%.
The current quarter stands at −0.05% (Q4 2026 (QTD)), while medium-term trend remains constructive: price is +14.30% versus the 200-day moving average ($127.37).
Year-to-date, USO is +110.50% against SPY +10.62%, a gap of +99.87%. The stock is currently −15.27% below its 52-week high, with maximum 3-year drawdown at −32.49%.
| Period | USO | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.34% | −0.36% | +0.03% |
| 1 Week | −1.91% | +2.59% | −4.50% |
| 1 Month | −13.77% | −0.18% | −13.59% |
| 3 Months | +11.74% | −2.37% | +14.10% |
| 6 Months | +1.80% | +0.83% | +0.98% |
| YTD | +110.50% | +10.62% | +99.87% |
| 12 Months | +108.42% | +12.25% | +96.17% |
| 3 Years | +99.64% | +71.37% | +28.27% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2026 | +55.28% |
| #2 | Jul 2026 | +21.35% |
| #3 | Oct 2026 | +15.91% |
| #4 | Apr 2026 | +15.59% |
| #5 | Jan 2026 | +14.98% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2025 | −17.81% |
| #2 | Jun 2026 | −17.55% |
| #3 | Nov 2026 | −13.77% |
| #4 | May 2026 | −12.24% |
| #5 | Oct 2023 | −7.22% |
| Quarter | Return |
|---|---|
| Q3 2025 | +0.88% |
| Q4 2025 | −6.22% |
| Q1 2026 | +83.99% |
| Q2 2026 | −16.35% |
| Q3 2026 | +36.85% |
| Q4 2026 (QTD) | −0.05% |
| Year | Return |
|---|---|
| 2023 | −4.94% |
| 2024 | +13.35% |
| 2025 | −8.46% |
| 2026 | +110.50% |
| Metric | Value |
|---|---|
| 52-Week High | $171.81 (2026-10-30) |
| 52-Week Low | $65.99 (2025-12-16) |
| Current Price | $145.58 |
| 200-Day Moving Average | $127.37 |
| Price vs 200DMA | +14.30% |
| 3-Year Maximum Drawdown | −32.49% (2026-07-01) |
| Current Drawdown from 52W High | −15.27% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 116.5 |
| 3-Year Excess Return vs S&P 500 | +28.27% |
| RS Peak | 134.9 (Oct 2026) |
| RS Trough | 58.8 (Dec 2025) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was USO's return for this report period?
USO returned −13.77% in the latest monthly window ending 2026-11-13.
Has USO outperformed SPY year to date?
YTD USO: +110.50% vs SPY: +10.62%.
What is USO's 12-month return?
+108.42% over the trailing 12 months.
Is USO above or below its 200-day moving average?
Price is +14.30% versus 200DMA ($127.37).
What is the maximum drawdown in the 3-year window?
−32.49% on 2026-07-01.