Oil and gas futures ETFs in geopolitical supply
Futures on crude oil, natural gas and gasoline. Driven by the futures price, and the cost of rolling futures.
9ETFs in this category
$4.3bnmoney in them
3.2%of geopolitical supply’s money
USOlargest unleveraged ETF, 44.4%
How they did, to Nov 2, 2026
| 1 month | YTD | 12 months | |
|---|---|---|---|
| Category median | +2.9% | +106.3% | +96.9% |
| Its story | +4.3% | +39.9% | +44.1% |
| Broad US ETFs | −2.5% | +11.5% | +11.8% |
Every ETF here, largest first
| # | ETF | Name | Assets | Share | 12 months | Fee |
|---|---|---|---|---|---|---|
| 1 | USO | United States Oil Fund | $1.9bn | 44.4% | +116.2% | 0.86% |
| 2 | BNO | United States Brent Oil Fund, LP | $924m | 21.5% | +123.0% | 1.15% |
| 3 | UNG | United States Natural Gas Fund LP | $513m | 11.9% | −32.1% | 1.17% |
| 4 | DBO | Invesco DB Oil Fund | $324m | 7.5% | +96.9% | 0.75% |
| 5 | OILK | ProShares K-1 Free Crude Oil ETF of Benef Interest | $256m | 6.0% | +65.8% | 0.70% |
| 6 | UGA | United States Gasoline Fund LP | $157m | 3.7% | +104.0% | 1.08% |
| 7 | DBE | Invesco DB Energy Fund | $149m | 3.5% | +107.5% | 0.75% |
| 8 | USL | United States 12 Month Oil Fund, LP | $51m | 1.2% | +75.2% | 1.01% |
| 9 | UNL | United States 12 Month Natural Gas Fund LP | $15m | 0.3% | −35.9% | 1.65% |
Other categories in geopolitical supply
Common questions
Which ETFs are oil and gas futures ETFs?9 US ETFs sit in this category of geopolitical supply. Futures on crude oil, natural gas and gasoline. Driven by the futures price, and the cost of rolling futures.
What is the largest oil and gas futures ETF?USO, United States Oil Fund, with $1.9bn, 44.4% of the category's money.
How have oil and gas futures ETFs performed?The median unleveraged ETF here returned +96.9% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.