This U.S Geological Survey data release contains soil moisture, actual evapotranspiration, precipitation, and potential evapotranspiration by watershed for the United States from 1980 to 2020. Hourly values from NASA's North American Land Data Assimilation System Phase 2 (NLDAS-2) Noah model were aggregated to daily values and extracted by Geospatial Attributes of Gages for Evaluating Streamflow, version II (GAGES-II) watershed. The daily aggregated values include average soil moisture at four depths, 0 to 10 centimeters (SoilM_0_10cm), 10 to 40 centimeters (SoilM_10_40cm), 40 to 100 centimeters (SoilM_40_100cm), and 100 to 200 centimeters (SoilM_100_200cm); and total actual evapotranspiration (Evap), precipitation (Rainf), and potential evapotranspiration (PotEvap). Each daily value is presented in a table with a row from January 1, 1980 to December 31, 2020. Each column represents a GAGES-II watershed. References: Falcone, J.A., 2011, GAGES-II: Geospatial Attributes of Gages for Evaluating Streamflow: U.S. Geological Survey dataset, https://doi.org/10.3133/70046617. Xia, Y.L., Mitchell, K., Ek, M., Sheffield, J., Cosgrove, B., Wood, E., Luo, L.F., Alonge, C., Wei, H.L., Meng, J., Livneh, B., Lettenmaier, D., Koren, V., Duan, Q.Y., Mo, K., Fan, Y., and Mocko, D., 2012, Continental-scale water and energy flux analysis and validation for the North American Land Data Assimilation System project phase 2 (NLDAS-2): 1. Intercomparison and application of model products: Journal Of Geophysical Research-Atmospheres, v. 117, D03109, https://doi.org/10.1029/2011jd016048. Xia, Y.L., Mitchell, K., Ek, M., Cosgrove, B., Sheffield, J., Luo, L.F., Alonge, C., Wei, H.L., Meng, J., Livneh, B., Duan, Q.Y., and Lohmann, D., 2012, Continental-scale water and energy flux analysis and validation for North American Land Data Assimilation System project phase 2 (NLDAS-2): 2. Validation of model-simulated streamflow: Journal Of Geophysical Research-Atmospheres, v. 117, D03110, https://doi.org/10.1029/2011jd016051.