#5 - United States 12 Month Oil Fund (NYSEARCA:USL)
In times of high inflation, investors flee to energy stocks. The world needs energy in all its forms and that makes energy stocks a defensive play. That being said, this can be a volatile sector and investors have many ways to get exposure to energy markets. The United States 12 Month Oil Fund (NYSEARCA:USL) is a reasonable way to consider profiting from a commodity that will be in demand even as the nation builds a clean energy infrastructure.
The fund’s goal is to reflect the changes in the price of Brent Crude Oil in percentage terms. The fund is up 61% in 2022 and 168% over the last five years. However, it does have an expense ratio of 0.86% which can be considered a bit high.
About United States 12 Month Oil Fund
The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.
- Current Price
- $36.91
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
