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| Date | Value |
|---|---|
| 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 |