United States 12 Month Oil Fund USL
NYSE USL
$54.61 +1.13 (+2.11%)
As of: Sep 8, 2026 · 3:44 PM EDT

United States 12 Month Oil Fund (USL) Market Capitalization (2010 - 2026)

United States 12 Month Oil Fund's (USL) quarterly Market Capitalization came in at $40.8 million in Q2 2026, down 3.1% on a YoY basis from $42.1 million in Q2 2025, and down 26.33% quarter-over-quarter from $55.4 million in Q1 2026.

Analysis

United States 12 Month Oil Fund (USL) Market Capitalization (2010 - 2026) Analysis & Trends

United States 12 Month Oil Fund (USL) has reported Market Capitalization for 17 consecutive years, with $40.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Market Capitalization fell 3.1% year-over-year to $40.8 million; the trailing twelve-month figure through Jun 2026 stood at $40.8 million (down 3.1% YoY), and the FY2025 full-year result was $40.0 million, down 33.77% from the prior year.
  • Market Capitalization slipped to $40.8 million in Q2 2026 per USL's latest filing, from $55.4 million in the prior quarter.
  • Across five years, Market Capitalization topped out at $167.4 million in Q1 2022 and bottomed at $40.0 million in Q4 2025.
  • Historically, Market Capitalization has averaged $72.3 million across 5 years, with a median of $63.0 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Market Capitalization sank 55.67% in 2023, then grew 20.9% in 2026.
  • Over 5 years, Market Capitalization stood at $123.8 million in 2022, then plunged by 48.95% to $63.2 million in 2023, then slipped by 4.48% to $60.4 million in 2024, then slumped by 33.77% to $40.0 million in 2025, then increased by 2.13% to $40.8 million in 2026.
  • According to Business Quant data, Market Capitalization over the past three periods registered $40.8 million, $55.4 million, and $40.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn -
2 Spdr Gold Trust 144.81 Bn -413.20 Bn -
3 Ishares Gold Trust 30.30 Bn -29.81 Bn -
4 World Gold Trust 29.28 Bn -73.79 Bn -
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn
6 iShares Silver Trust 22.15 Bn -6.05 Bn -
7 Franklin Resources 17.84 Bn 14.12 Bn -
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn
9 Affiliated Managers 9.51 Bn 9.10 Bn -
10 United States 12 Month Oil Fund 58.33 Mn 23.57 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.83 Mn
Mar 31, 2026 55.43 Mn
Dec 31, 2025 39.98 Mn
Sep 30, 2025 40.94 Mn
Jun 30, 2025 42.14 Mn
Mar 31, 2025 45.85 Mn
Dec 31, 2024 60.36 Mn
Sep 30, 2024 53.90 Mn
Jun 30, 2024 62.81 Mn
Mar 31, 2024 63.78 Mn
Dec 31, 2023 63.19 Mn
Sep 30, 2023 80.19 Mn
Jun 30, 2023 70.13 Mn
Mar 31, 2023 74.21 Mn
Dec 31, 2022 123.79 Mn
Sep 30, 2022 94.19 Mn
Jun 30, 2022 122.64 Mn
Mar 31, 2022 167.41 Mn
Dec 31, 2021 214.01 Mn
Sep 30, 2021 144.77 Mn