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Upturn AI SWOT - About
United States 12 Month Oil Fund LP (USL)
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Upturn Advisory Summary
08/14/2025: USL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -16.48% | Avg. Invested days 36 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.94 | 52 Weeks Range 31.00 - 41.75 | Updated Date 06/30/2025 |
52 Weeks Range 31.00 - 41.75 | Updated Date 06/30/2025 |
Upturn AI SWOT
United States 12 Month Oil Fund LP
ETF Overview
Overview
United States 12 Month Oil Fund LP (USL) seeks to track the daily changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange (NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be the next month contract to expire.
Reputation and Reliability
United States Commodity Funds LLC is a commodity pool operator known for offering a range of commodity-based ETFs.
Management Expertise
The management team has experience in commodity markets and ETF management.
Investment Objective
Goal
To track the daily changes in percentage terms of the price of light, sweet crude oil.
Investment Approach and Strategy
Strategy: Tracks the price of light, sweet crude oil by investing in futures contracts.
Composition Primarily holds futures contracts for light, sweet crude oil.
Market Position
Market Share: Data not available.
Total Net Assets (AUM): 61.65
Competitors
Key Competitors
- Invesco DB Oil Fund (DBO)
- United States Oil Fund LP (USO)
Competitive Landscape
The oil ETF market is competitive, with several funds vying for investor capital. USL differentiates itself by using a 12-month rolling strategy, which potentially reduces the impact of contango compared to funds focusing on near-month contracts like USO. However, this strategy might also lead to lower short-term price correlation.
Financial Performance
Historical Performance: Historical performance data varies significantly with oil price fluctuations. Performance has generally been poor.
Benchmark Comparison: Performance is intended to track the NYMEX crude oil futures contract, but will differ due to fund expenses, and the rolling of futures contracts.
Expense Ratio: 0.79
Liquidity
Average Trading Volume
The average trading volume for USL can vary but generally represents moderate liquidity.
Bid-Ask Spread
The bid-ask spread will fluctuate depending on market conditions, but is usually relatively narrow.
Market Dynamics
Market Environment Factors
Oil prices are influenced by global economic growth, supply and demand dynamics, geopolitical events, and OPEC decisions.
Growth Trajectory
Growth trends are tied to global oil demand. Strategy remains consistent: tracking the near-month oil futures contract.
Moat and Competitive Advantages
Competitive Edge
USL's advantage lies in its 12-month rolling strategy, which can mitigate contango risks present in other oil ETFs, making it less sensitive to short-term price fluctuations. This can provide a more stable investment for those seeking to track oil prices over a longer period, although it may result in less accurate tracking of short term movements. It offers more stable long term exposure to oil market trends. The fund is best used for investors who want a diversified and long term exposure to oil futures.
Risk Analysis
Volatility
The fund is highly volatile due to the inherent volatility of oil prices.
Market Risk
Market risks include fluctuations in oil prices due to supply/demand imbalances, geopolitical events, and economic factors.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to crude oil prices without directly trading futures contracts. Those who understand the complexities of commodity futures and are seeking to mitigate short term volatilty risks through a 12 month rolling strategy
Market Risk
Primarily suited for active traders and investors with a short-term investment horizon seeking to profit from oil price fluctuations.
Summary
United States 12 Month Oil Fund LP (USL) provides exposure to crude oil prices through futures contracts. Its 12-month rolling strategy aims to reduce the impact of contango, but this may reduce tracking accuracy of shorter term movements. It is highly volatile and carries significant market risks associated with fluctuations in oil prices, making it most suitable for active traders with a short-term investment horizon and who have a medium to high risk tolerance. Investors should carefully consider these factors before investing in USL.
Peer Comparison
Sources and Disclaimers
Data Sources:
- etf.com
- Morningstar
- bloomberg.com
- sec.gov
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor. Past performance is not indicative of future results. The AI-generated rating is for informational purposes and should not be the sole basis for investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About United States 12 Month Oil Fund LP
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. The Benchmark Oil Futures Contracts are the futures contracts on light, sweet crude oil as traded on the New York Mercantile Exchange.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.