United States 12 Month Oil Fund (USL) Assets Average (2013 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Assets Average came in at $53.1 million in Q2 2026, up 17.53% on a YoY basis from $45.2 million in Q2 2025, and up 3.78% quarter-over-quarter from $51.1 million in Q1 2026.
Analysis
United States 12 Month Oil Fund (USL) Assets Average (2013 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Assets Average for 14 consecutive years, with $53.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets Average rose 17.53% year-over-year to $53.1 million; the trailing twelve-month figure through Jun 2026 stood at $53.1 million (up 17.53% YoY), and the FY2025 full-year result was $43.2 million, down 25.98% from the prior year.
- Assets Average grew to $53.1 million in Q2 2026 per USL's latest filing, from $51.1 million in the prior quarter.
- Across five years, Assets Average topped out at $159.4 million in Q1 2022 and bottomed at $38.9 million in Q4 2025.
- Historically, Assets Average has averaged $75.6 million across 5 years, with a median of $65.1 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Assets Average sank 49.9% in 2023, then climbed 17.53% in 2026.
- Over 5 years, Assets Average stood at $92.5 million in 2022, then slipped by 21.85% to $72.3 million in 2023, then decreased by 28.27% to $51.8 million in 2024, then fell by 24.95% to $38.9 million in 2025, then jumped by 36.42% to $53.1 million in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $53.1 million, $51.1 million, and $38.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 173.06 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 42.15 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 28.46 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 342.73 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 35.18 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 27.15 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 9.40 Bn |
| 10 | United States 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - | 53.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.07 Mn |
| Mar 31, 2026 | 51.14 Mn |
| Dec 31, 2025 | 38.90 Mn |
| Sep 30, 2025 | 41.68 Mn |
| Jun 30, 2025 | 45.16 Mn |
| Mar 31, 2025 | 48.79 Mn |
| Dec 31, 2024 | 51.84 Mn |
| Sep 30, 2024 | 59.51 Mn |
| Jun 30, 2024 | 64.56 Mn |
| Mar 31, 2024 | 65.65 Mn |
| Dec 31, 2023 | 72.27 Mn |
| Sep 30, 2023 | 75.56 Mn |
| Jun 30, 2023 | 78.38 Mn |
| Mar 31, 2023 | 85.12 Mn |
| Dec 31, 2022 | 92.47 Mn |
| Sep 30, 2022 | 120.49 Mn |
| Jun 30, 2022 | 156.46 Mn |
| Mar 31, 2022 | 159.44 Mn |
| Dec 31, 2021 | 160.17 Mn |
| Sep 30, 2021 | 198.68 Mn |