5 Best Performing Commodity ETFs in 2022

3. United States 12 Month Oil Fund, LP (NYSE:USL)

YTD Share Price Gain as of December 6: 22.19%

United States 12 Month Oil Fund, LP (NYSE:USL) tracks the price movements of West Texas Intermediate (WTI) light, sweet crude oil. United States 12 Month Oil Fund, LP (NYSE:USL) invests primarily in crude oil futures contracts and other oil-related futures contracts, and may also invest in forwards and swap contracts. These investments are collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less. The ETF offers an expense ratio of 0.90% and the total net assets as of December 5 stood at $94.4 million. United States 12 Month Oil Fund, LP (NYSE:USL) shares have gained more than 22% year-to-date as of December 6, making it one of the best performing ETFs this year.