USO vs XLE

United States Oil Fund, LP against State Street Energy Select Sector SPDR ETF — live side-by-side technical comparison.

Prices as of 2026-11-09T21:00:00+00:00 UTC · updates daily

Who leads right now

Neither name has a clear edge: they split the windows 3–3 — over 1 month USO is -3.7% and XLE -4.8%; over year to date USO is +106.3% and XLE +38.5%. The USO/XLE price ratio stands at 2.3032, below its 50-day average of 2.3433, and above the 200-day average of 2.12. A ratio above its own average means USO is gaining on XLE; on this reading the recent edge belongs to XLE.

USO/XLE over the last year

USO/XLE price ratio · dashed: its 50- and 200-day lines · ratio above its 50-day line = USO gaining on XLE
1.3561.772.1842.598
Both rebased to 100 on 2025-11-07
100139.3191.5237.4USOXLE
Ask
Compare USO and XLE: which has been stronger over the last year, and where does each stand against its 200-day average? Ask the analyst about this pair →

Performance side by side

USOXLE
Price$142.66 $61.94
1 day -3.9% +0.5%lead
5 days -9.1% -7.9%lead
1 month -3.7%lead -4.8%
6 months +6.8% +11.2%lead
Year to date +106.3%lead +38.5%
1 year +100.2%lead +38.4%
2 years +95.1% —
52-week position 72% of range 69% of range
52-week range $65.99–$171.82 $43.77–$70.15
vs 50-day average below $152.48 below $65.06
vs 200-day average above $126.31 above $59.20
RSI (14) 38 36
Next earnings — —

Where each one stands

USO — United States Oil Fund, LP

USO trades at $142.66, below its 50-day average of $152.48, and above the 200-day at $126.31. It sits at 72% of its 52-week range ($65.99–$171.82); 14-day RSI is 38, in neutral territory; an average session moves it about 4.2%. For levels, the first level overhead is $150.00 (5.2% away) and the first support below is $142.04 (0.4% down). On the checklist the page runs for every asset, 2 of 6 checks read bullish — the lean is bearish.

XLE — State Street Energy Select Sector SPDR ETF

XLE trades at $61.94, below its 50-day average of $65.06, and above the 200-day at $59.20. It sits at 69% of its 52-week range ($43.77–$70.15); 14-day RSI is 36, in neutral territory; an average session moves it about 2.9%. For levels, the first level overhead is $65.06 (5.0% away) and the first support below is $60.90 (1.7% down). On the checklist the page runs for every asset, 2 of 6 checks read bullish — the lean is bearish.

Which one moves harder

USO is the more volatile of the two — an average session moves it 4.2% against 2.9% for XLE, so an identical position size carries roughly 1.4× the daily risk.

What would change the picture

The comparison turns on those levels: USO clearing $150.00 or losing $142.04; XLE clearing $65.06 or losing $60.90. Until one of them gives way, the relative reading above stands.

Questions people ask about USO vs XLE

Which is performing better right now, USO or XLE?
Over the past month USO is -3.7% and XLE is -4.8%, so USO is ahead on that window. Year to date the figures are +106.3% for USO and +38.5% for XLE.
Which has done better over the last year, USO or XLE?
Over the last year USO is +100.2% and XLE is +38.4%, so USO is ahead on that window.
Is USO or XLE more volatile?
USO is the more volatile of the two — an average session moves it 4.2% against 2.9% for XLE, so an identical position size carries roughly 1.4× the daily risk.
What are the key levels for USO and XLE?
USO: resistance $150.00, support $142.04; XLE: resistance $65.06, support $60.90. Levels come from recent swing zones and round numbers, recomputed daily.
What does the USO/XLE ratio mean?
It is simply USO's price divided by XLE's — 2.3032 today. When the ratio rises, USO is outperforming; when it falls, XLE is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical briefs

USO →
United States Oil Fund, LP
Full technical brief: trend, levels, chart, news
XLE →
State Street Energy Select Sector SPDR ETF
Full technical brief: trend, levels, chart, news

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