The best oil ETFs/ETCs

How to invest in crude oil using ETFs/ETCs

0,25% p.a. - 0,49% p.a.
annual total expense ratio (TER) of oil ETFs/ETCs
on oil, which are tracked by ETFs
on oil
 
The best indices for oil ETFs/ETCs

How can I invest in oil?

With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like crude oil. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
 

Why there are no oil ETFs in most European countries

There are no oil ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only one component. Consequently, regulations in the EU do not allow the launch of an oil ETF.

If you want to invest in a single commodity like crude oil, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
 

Swap-based oil ETCs

ETCs track the value of crude oil based on futures contracts. Oil ETCs are backed with collateral, which is usually checked on a daily basis. The collateral is in the form of cash investments or securities with top credit standing.

Oil ETCs are a suitable instrument for participating in the price development of oil. Keep in mind, however, that you are investing in futures contracts and not directly in oil. Oil ETCs track the price of either Brent crude oil, which is sourced from the North Sea, or West Texas Intermediate (WTI) from the United States. In this investment guide you will find all ETCs that allow you to invest in oil.
 

Bloomberg Brent Crude performance

1 month: 4,15%
1 year: 2,80%
3 years: 53,60%
5 years: 81,00%
 

Oil ETFs/ETCs in comparison

The most important factors at a glance

When choosing an oil ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all oil ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all oil ETFs/ETCs in detail
Compare all oil ETFs/ETCs in a chart

Provider
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
WisdomTree Brent Crude OilJE00B78CGV99 793 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree WTI Crude OilGB00B15KXV33 584 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree WTI Crude Oil - EUR Daily HedgedJE00B44F1611 28 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree Bloomberg WTI Crude OilIE00BVFZGC04 19 0,25% p.a. Accumulerend Ierland Swap-gebaseerd
WisdomTree Brent Crude Oil - EUR Daily HedgedJE00B7305Z55 17 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree Bloomberg Brent Crude OilIE00BVFZGD11 10 0,25% p.a. Accumulerend Ierland Swap-gebaseerd
WisdomTree Brent Crude Oil Longer DatedJE00B78CP782 1 0,49% p.a. Accumulerend Jersey Swap-gebaseerd

Source: justETF.com; As of 20-11-2024

 

Return comparison of all oil ETFs/ETCs

The table shows the returns of all oil ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
WisdomTree WTI Crude Oil - EUR Daily Hedged 2,85% -6,99% -9,32% -5,95% 10,00%
WisdomTree Bloomberg Brent Crude Oil 5,22% -7,57% -11,19% -6,04% 47,31%
WisdomTree Brent Crude Oil - EUR Daily Hedged 2,01% -7,48% -10,90% -6,11% 21,58%
WisdomTree Bloomberg WTI Crude Oil 5,91% -6,99% -9,78% -6,15% 27,60%
WisdomTree Brent Crude Oil 5,16% -7,68% -11,41% -6,49% 44,36%
WisdomTree Brent Crude Oil Longer Dated 5,06% -7,32% -11,12% -6,64% 32,26%
WisdomTree WTI Crude Oil 5,33% -7,64% -10,59% -6,95% 33,85%
ETF   2024
in %
2023
in %
2022
in %
2021
in %
2020
in %
WisdomTree Bloomberg WTI Crude Oil 9,33% -6,11% 31,34% 73,65% -48,41%
WisdomTree WTI Crude Oil 6,49% -6,11% 37,34% 79,04% -55,99%
WisdomTree Bloomberg Brent Crude Oil 6,42% -5,10% 49,07% 77,25% -40,65%
WisdomTree Brent Crude Oil 5,96% -5,98% 48,16% 77,44% -37,98%
WisdomTree WTI Crude Oil - EUR Daily Hedged 5,86% -5,91% 19,81% 58,21% -51,80%
WisdomTree Brent Crude Oil Longer Dated 4,74% -3,82% 33,19% 70,62% -31,87%
WisdomTree Brent Crude Oil - EUR Daily Hedged 2,01% -3,12% 28,57% 59,60% -33,51%

Source: justETF.com; As of 31-10-2024; Calculations in EUR including dividends