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USOI

Credit Suisse X-Links Crude Oil Shares Covered Call ETN
ETF.com segment:
Commodities: Energy Crude Oil
Popular USOI Comparisons: USOI vs DBO, USOI vs USO, USOI vs BNO, USOI vs OIL, USOI vs AAAU
Related ETF Channels: Global, Front Month, Commodities, Oil, Buy-write, Covered Calls
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*Unless otherwise stated, data provided by FactSet.

USOI Fund Description

USOI offers the returns of a covered call strategy on a front-month oil futures ETF.

USOI Factset Analytics Insight

USOI adds a twist to the crude oil segment by extracting income from oil futures exposure. The ETN provides the return of USCF’s popular front-month oil ETF, USO, coupled with a notional short position in USO calls expiring the next month with strike prices 6% out of the money. The strategy adds yield and lowers volatility compared to owning USO outright, but at the cost of upside participation. Therefore, USOI is likely to perform very differently from crude oil futures and is a poor Fit for those looking to track the spot price of crude oil closely. While the ETN structure provides a more efficient way to employ the covered call strategy, the expense ratio on USOI is slightly higher than similar products.

USOI Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/16/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USOI -4.86% 4.35% -70.05% -68.42% -28.53% -- --
USOI (NAV) -4.41% 7.43% -66.08% -64.15% -25.89% -- --
Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index -- -- -- -- -- -- --
S&P GSCI Crude Oil Index -5.38% 2.43% -66.33% -67.00% -24.72% -21.92% -17.94%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USOI Summary Data

Credit Suisse
04/25/17
Exchange-Traded Note
0.85%
$36.20M
$1.07M
0.50%
DBO, OLEM, USO, BNO, OIL
Fund Home Page

USOI Portfolio Data

Futures
Front Month
Monthly
0

USOI Index Data

Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index
Fixed
Fixed
S&P GSCI Crude Oil Index

USOI Portfolio Management

0.85%
--
--
--

USOI Tax Exposures

20.00% / 39.60%
--
No

USOI Fund Structure

Exchange-Traded Note
No
N/A
Credit Suisse Group AG
Low
High
None
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

USOI Factset Analytics Block Liquidity

As of 09/18/20
5
4
3
2
1

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

USOI Tradability

232,247
$1.07M
191,158
$870.52K
0.50%
$0.02
0.57%
96.70% / -5.04%
None
100.00%
50,000
3.82
0.12%
--
0
$4.45
5

USOI Sector Breakdown


USOI
Segment Benchmark
100.00%
100.00%

USOI Tenor Strategy

0

USOI Rolling Strategy

0

USOI Performance Statistics

0.73
0.50
--
--
0.00%