United States 12 Month Oil Fund (USL) Equity Ratio (2012 - 2026)

United States 12 Month Oil Fund (USL) reported Equity Ratio of 0.91 for Q1 2026, down 8.42% on a YoY basis from 1.0 in Q1 2025, and down 8.32% quarter-over-quarter from 1.0 in Q4 2025.

United States 12 Month Oil Fund (USL) Equity Ratio (2012 - 2026) Analysis & Trends

United States 12 Month Oil Fund has reported Equity Ratio for 15 years, with the latest figure at 0.91 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 8.42% year-over-year to 0.91; the trailing twelve-month figure through Mar 2026 stood at 0.91 (down 8.42% YoY), and the FY2025 full-year result was 1.0, changed 0.03% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.91, down from 1.0 in the prior quarter.
  • The five-year high for Equity Ratio was 1.0 in Q2 2024, with the low at 0.84 in Q1 2022.
  • Historically, Equity Ratio has averaged 0.98 across 5 years, with a median of 1.0 in 2022.
  • Annual changes were most pronounced in 2023 — Equity Ratio climbed 18.73% — and 2026, when it dropped 8.42%.
  • United States 12 Month Oil Fund's Equity Ratio stood at 0.96 in 2022, then climbed by 4.35% to 1.0 in 2023, then declined by 0.11% to 1.0 in 2024, then slipped by 0.03% to 1.0 in 2025, then retreated by 8.32% to 0.91 in 2026.
  • The last three Equity Ratio figures came in at 0.91 (Q1 2026), 1.0 (Q4 2025), and 1.0 (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 0.91
Dec 31, 2025 1.00
Sep 30, 2025 1.00
Jun 30, 2025 1.00
Mar 31, 2025 1.00
Dec 31, 2024 1.00
Sep 30, 2024 1.00
Jun 30, 2024 1.00
Mar 31, 2024 1.00
Dec 31, 2023 1.00
Sep 30, 2023 0.98
Jun 30, 2023 1.00
Mar 31, 2023 1.00
Dec 31, 2022 0.96
Sep 30, 2022 1.00
Jun 30, 2022 0.95
Mar 31, 2022 0.84
Dec 31, 2021 0.92
Sep 30, 2021 0.86
Jun 30, 2021 0.83