The United States Oil Fund (NYSE:USO) opened 2026 at $69.16 and closed Friday at $129.09, a year-to-date gain of roughly 87% in five months.
The one-year number is even better at roughly 92%
That is the screenshot somebody on Reddit is showing you. The part the screenshot leaves out is that USO is also down 14.3% in May and roughly 8% in the last week, with the May 1 price sitting at $142.80. What actually did the work USO is a commodity pool that tracks West Texas Intermediate front-month futures.
When near-dated crude rises, the fund rises with it, less expenses and adjusted for whatever the fund pays or collects when rolling from an expiring contract into the next month. The fund holds oil futures, with no overlay, covered-call income engine, or leverage layered on top. This year the underlying did almost all the work.