USO monthly performance report
View USO's monthly returns, drawdown, and seasonality trends — updated every month.
USO monthly report
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Key takeaways
- USO (USO) closed September 2026 at $153.82, up 15.05% for the month and +105.94% over the trailing 12 months.
- Year-to-date, USO is +122.41%, outperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading +39.49% versus its 200-day moving average ($110.27), a bullish technical signal.
- Over the past three years, USO has outperformed the S&P 500 by +17.16%, with a relative strength index reading of 110.
- Win rate over the trailing 39 months stands at 53.8% — 21 positive months versus 18 negative months.
USO ended September 2026 at $153.82, posting a monthly return of +15.05%. The S&P 500 returned −0.70% over the same window, leaving relative performance at +15.75%.
The current quarter stands at +44.51% (Q3 2026 (QTD)), while medium-term trend remains constructive: price is +39.49% versus the 200-day moving average ($110.27).
Year-to-date, USO is +122.41% against SPY +11.70%, a gap of +110.71%. The stock is currently −5.83% below its 52-week high, with maximum 3-year drawdown at −32.49%.
| Period | USO | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.96% | −0.12% | −0.84% |
| 1 Week | −0.70% | −0.34% | −0.36% |
| 1 Month | +15.05% | −0.70% | +15.75% |
| 3 Months | +34.66% | +2.80% | +31.86% |
| 6 Months | +33.72% | +13.85% | +19.87% |
| YTD | +122.41% | +11.70% | +110.71% |
| 12 Months | +105.94% | +15.01% | +90.93% |
| 3 Years | +88.85% | +71.69% | +17.16% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2026 | +55.28% |
| #2 | Jul 2026 | +21.35% |
| #3 | Apr 2026 | +15.59% |
| #4 | Jul 2023 | +15.14% |
| #5 | Sep 2026 | +15.05% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2025 | −17.81% |
| #2 | Jun 2026 | −17.55% |
| #3 | May 2026 | −12.24% |
| #4 | Oct 2023 | −7.22% |
| #5 | Nov 2023 | −6.50% |
| Quarter | Return |
|---|---|
| Q2 2025 | −5.46% |
| Q3 2025 | +0.88% |
| Q4 2025 | −6.22% |
| Q1 2026 | +83.99% |
| Q2 2026 | −16.35% |
| Q3 2026 (QTD) | +44.51% |
| Year | Return |
|---|---|
| 2023 | −4.94% |
| 2024 | +13.35% |
| 2025 | −8.46% |
| 2026 | +122.41% |
| Metric | Value |
|---|---|
| 52-Week High | $163.35 (2026-09-15) |
| 52-Week Low | $65.99 (2025-12-16) |
| Current Price | $153.82 |
| 200-Day Moving Average | $110.27 |
| Price vs 200DMA | +39.49% |
| 3-Year Maximum Drawdown | −32.49% (2026-07-01) |
| Current Drawdown from 52W High | −5.83% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 110 |
| 3-Year Excess Return vs S&P 500 | +17.16% |
| RS Peak | 116.4 (Sep 2026) |
| RS Trough | 53.1 (Dec 2025) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was USO's return for this report period?
USO returned +15.05% in the latest monthly window ending 2026-09-18.
Has USO outperformed SPY year to date?
YTD USO: +122.41% vs SPY: +11.70%.
What is USO's 12-month return?
+105.94% over the trailing 12 months.
Is USO above or below its 200-day moving average?
Price is +39.49% versus 200DMA ($110.27).
What is the maximum drawdown in the 3-year window?
−32.49% on 2026-07-01.