Performance analysis of USL (United States 12 Month Oil Fund LP)
Annual Return
Over the past 3 years, USL has had an average annual return of +18.43%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, USL has had an average annual return of +17.44%, outperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, USL has had an average annual return of +10.91%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Dec 6, 2007, USL has had an average annual return of +0.30%, underperforming the benchmark SPY, which returned +11.12% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +63.06% | -12.36% | +8.29% | -1.10% | +27.09% | +62.47% | -25.22% | +28.03% | -14.16% | +2.55% | +19.84% | -36.53% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
| -37.45% | +8.10% | -8.76% | +0.87% | +6.53% | +35.36% | -44.68% | +5.09% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +11.77% | +2.98% | +25.68% | +11.28% | -3.88% | +5.37% | +63.06% | ||||||
| 2025 | +1.11% | -2.70% | +2.14% | -15.97% | +3.22% | +5.97% | +7.44% | -4.52% | -1.16% | -2.15% | -1.82% | -2.59% | -12.36% |
| 2024 | +4.88% | +1.44% | +6.72% | +0.35% | -2.92% | +4.36% | -2.39% | -4.83% | -4.55% | +3.33% | -1.45% | +3.91% | +8.29% |
| 2023 | -0.93% | -3.04% | -1.09% | +1.45% | -9.27% | +5.07% | +14.23% | +2.22% | +5.26% | -4.31% | -4.69% | -3.99% | -1.10% |
| 2022 | +13.34% | +6.48% | +10.23% | +2.96% | +9.98% | -5.99% | -2.05% | -5.41% | -11.38% | +9.50% | +0.23% | -0.42% | +27.09% |
| 2021 | +5.74% | +16.52% | -1.09% | +6.45% | +5.14% | +9.10% | +1.59% | -4.19% | +8.69% | +7.12% | -14.47% | +12.65% | +62.47% |
| 2020 | -11.65% | -10.66% | -32.38% | -13.11% | +27.43% | +8.48% | +4.36% | +5.05% | -6.87% | -10.15% | +19.58% | +6.33% | -25.22% |
| 2019 | +14.94% | +6.35% | +2.55% | +5.09% | -15.12% | +7.78% | +0.59% | -6.54% | -0.81% | +1.66% | +2.86% | +8.94% | +28.03% |
| 2018 | +6.27% | -4.46% | +6.61% | +5.99% | -0.19% | +5.71% | -2.68% | +3.53% | +6.67% | -8.86% | -21.70% | -7.52% | -14.16% |
| 2017 | -3.68% | +0.16% | -5.90% | -3.50% | -2.85% | -3.11% | +5.99% | -2.62% | +5.06% | +4.40% | +4.40% | +5.22% | +2.55% |
Drawdown analysis of USL (United States 12 Month Oil Fund LP)
The maximum drawdown for the USL was -89.06%, occurring on Apr 28, 2020. This drawdown has not yet recovered.
The current USL drawdown is -38.16%.
Since Dec 6, 2007 USL has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.06% | Jul 11, 2008 | 2969 | Apr 28, 2020 | Ongoing | Ongoing | Ongoing |
| -10.83% | Mar 13, 2008 | 4 | Mar 19, 2008 | 12 | Apr 7, 2008 | 16 |
| -10.40% | Jan 3, 2008 | 14 | Jan 24, 2008 | 17 | Feb 19, 2008 | 31 |
| -9.47% | May 21, 2008 | 9 | Jun 4, 2008 | 2 | Jun 6, 2008 | 11 |
| -6.96% | Jul 3, 2008 | 3 | Jul 9, 2008 | 2 | Jul 11, 2008 | 5 |
| -4.50% | Apr 25, 2008 | 4 | May 1, 2008 | 2 | May 5, 2008 | 6 |
| -3.49% | Jun 6, 2008 | 2 | Jun 10, 2008 | 9 | Jun 23, 2008 | 11 |
| -3.05% | Feb 28, 2008 | 3 | Mar 4, 2008 | 1 | Mar 5, 2008 | 4 |
| -2.80% | May 9, 2008 | 1 | May 12, 2008 | 5 | May 19, 2008 | 6 |
| -2.58% | Dec 12, 2007 | 4 | Dec 18, 2007 | 5 | Dec 26, 2007 | 9 |
| -2.16% | Dec 6, 2007 | 2 | Dec 10, 2007 | 2 | Dec 12, 2007 | 4 |
| -1.81% | Jun 23, 2008 | 2 | Jun 25, 2008 | 1 | Jun 26, 2008 | 3 |
| -1.12% | Apr 22, 2008 | 2 | Apr 24, 2008 | 1 | Apr 25, 2008 | 3 |
| -0.96% | Feb 21, 2008 | 1 | Feb 22, 2008 | 2 | Feb 26, 2008 | 3 |
| -0.86% | Apr 9, 2008 | 1 | Apr 10, 2008 | 2 | Apr 14, 2008 | 3 |
| -0.63% | Dec 28, 2007 | 1 | Dec 31, 2007 | 1 | Jan 2, 2008 | 2 |
| -0.22% | Apr 18, 2008 | 1 | Apr 21, 2008 | 1 | Apr 22, 2008 | 2 |
| -0.20% | Feb 26, 2008 | 1 | Feb 27, 2008 | 1 | Feb 28, 2008 | 2 |
| -0.03% | Mar 10, 2008 | 1 | Mar 11, 2008 | 1 | Mar 12, 2008 | 2 |