5 Worst Performing Commodity ETFs in 2023

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In this piece, we will take a look at the ten worst performing commodity ETFs in 2023. If you want to find out what the fuss is all about in the commodities world, then check out 10 Worst Performing Commodity ETFs in 2023.

5. United States Oil Fund, LP (NYSE:USO)

5 Year Share Price Gains: -32.8%

United States Oil Fund, LP (NYSE:USO) is a crude oil futures fund with close to half of its holdings in different futures contracts ranging from September 2023 to January 2024. It is part of the USCF investments fund family and has sizeable net assets that are worth $1.32 billion. However, when compared to other crude oil ETFs which often track different oil varieties, the United States Oil Fund, LP (NYSE:USO) focuses its efforts on only tracking sweet U.S. crude oil.

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