OIILCredit Suisse X-Links WTI Crude Oil ETN
OIIL Fund Description
The Credit Suisse X-Links WTI Crude Oil ETN tracks an index with second-month exposure to a single WTI crude oil futures contract.
OIIL Factset Analytics Insight
OIIL provides every-other-month exposure to oil futures. This approach strikes a balance between a front-month strategy (which provides better sensitivity to spot prices, but also negative roll yield when futures term structure is in contango) and many of the segment's optimized competitors (which aim to minimize roll costs, often at the expense of spot sensitivity). This also allows the issuer to reduce expenses associated with portfolio turnover. OIIL is cheaply priced, and its fee structure avoids the path-dependency issues that plague many of its older rival ETNs. As an ETN, OIIL is backed by the credit of issuer Credit Suisse, rather than futures and cash as with a commodity pool structure. Also, investors get 1099s at tax time, rather than K-1s.
OIIL CHARTS AND PERFORMANCE
OIIL Top 10 Holdings
OIIL Summary Data
OIIL Portfolio Data
OIIL Index Data
OIIL Portfolio Management
OIIL Tax Exposures
OIIL Fund Structure
OIIL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of OIIL. OIIL is rated a 5 out of 5.
OIIL Tenor Strategy
OIIL Rolling Strategy
OIIL Performance Statistics
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.