USO Oil ETF Reverse Stock Split Explained: How Crude Oil ETFs Differ From Stock ETFs Like XLE Or VDE. The USO oil ETF announced today that it is doing a 1 for 8 reverse stock split. I will explain what a reverse stock split is and why it is bad for the USO oil ETF. I will also talk about the OIL ETN that just announced it is shutting down. Is the OIL ETN much different than the USO ETF? With WTI crude oil futures prices crashing with the oil price falling from oversupply, what will happen to the USO ETF? The USO ETF contains mostly WTI crude oil futures contracts, but you may be surprised to know that is even contains a fund that holds stocks like AMZN, AAPL, GOOG apparently. The price of oil today was up, but the problems in the energy sector are far from over. If you want to invest in oil at these levels for the long term, do not do it by buying a WTI crude oil ETF like USO stock. Buy the actual oil stocks or buy real energy sector oil ETFs like XLE or VDE which contain the large oil majors like Exxon Mobil (XOM), Chevron (CVX), Conoco Phillips (COP), Occidental Petroleum (OXY), Hess Corp (HES) and others.
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