http://apiprod.etf.internal.com/private/fund/SLVO/fundreport
SLVO

SLVO

Credit Suisse X-Links Silver Shares Covered Call ETN
CLOSING PRICECHANGE (%)VOLUME
---- (--)--
>
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
---- (--)
BID SIZEBID ($)ASK ($)ASK SIZE
--------
D

41
  • Overview
  • Efficiency
  • Tradability
  • Fit

SLVO Fund Description

The Credit Suisse X-Links Silver Shares Covered Call ETN offers the returns of a covered-call strategy comprising long shares of a physical silver ETF (SLV) and short 1-month call options with a strike price of 106% of SLV.

SLVO Factset Analytics Insight

SLVO is neither the choice for those looking for exposure to physical silver nor does it provide pure exposure to silver futures. SLVO is structured as an ETN so it promises to track silver (and options on silver), not to hold it. Furthermore, its index has a notional short call position against the notional long position in the physically backed silver ETF, SLV. The calls are set to about 106% of the SLV’s price level. The covered call strategy gives investors indirect exposure to silver, but with limited upside as the nominal long position will get called away in periods of sharply rising prices or in volatile market environments. The tradeoff is yield as premiums from writing calls on an otherwise yield-less asset. SLVO aims to distribute the yield monthly—atypical for an ETN.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:

SLVO Top 10 Contracts

SLVO Summary Data

Credit Suisse
04/17/13
Exchange-Traded Note
0.65%
$46.35M
$287.02K
0.26%

SLVO Portfolio Data

Physically Held
Physically Held
N/A
--

SLVO Index Data

Credit Suisse NASDAQ Silver FLOWS 106 Index
Fixed
Fixed
Silver Spot Price

Related ETFs to SLVO

DBS, SIVR, SLV, USV
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

SLVO Portfolio Management

0.65%
-2.3%
-0.61%
-3.03%

SLVO Tax Exposures

20% / 39.6%
--
No

SLVO Fund Structure

Exchange-Traded Note
No
N/A
Credit Suisse AG
Low
Medium
N/A
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
11:08:008.07200
------
------
------
------
------
------
------
------
------
Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

SLVO Factset Analytics Block Liquidity

As of 10/20/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SLVO. SLVO is rated a 5 out of 5.

SLVO Tradability

34,744
$287.02K
29,733
$246.46K
0.26%
$0.02
0.07%
1.18% / -0.68%
None
100%
50,000
0.59
0.13%
--
--
$8.1
5

SLVO Sector Breakdown

SLVOSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

SLVO Top 10 Targeted Commodity Weights

100.00%

SLVO Tenor Strategy

SLVO holds physical bullion. Prices will reflect the current spot market values.

SLVO Performance Statistics

0.13
0.32
0.12
0.67
0.02%

SLVO Rolling Strategy

Since SLVO holds physical bullion rather than futures contracts, it does not have a roll strategy.