X-Links Crude Oil Shares Covered Call ETN (USOI) ETF

Expense Ratio: 0.85% | AUM: 4.01M | Issuer: Credit Suisse Group AG

USOI Daily Price Range
USOI 52-Week Price Range

USOI - Real-Time SMART Grade™

C
Neutral

Overall SMART Grade

USOI has a real-time SMART Grade of C (Neutral).

Learn More About SMART Grades™

USOI - Profile & Info


The investment objective of the Credit Suisse X-Links Crude Oil Shares Covered Call ETN is to reflect the performance of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index, which tracks the return of a “covered call” strategy on the shares of United States Oil Fund (USO) by reflecting the price changes of the shares and the option premiums received from the sale of monthly call options on USO shares. Covered-call, or buywrite, options allow an investor to hold a long position in an asset while simultaneously writing, or selling, call options on the same asset. Traders would typically employ a covered-call strategy when they have a neutral view of the markets over the short-term and just gather income from the option premium. Unlike ETFs, ETNs are debt securities issued by financial institutions that promise to pay the return of an index, minus fees and taxes. Therefore, investors are exposed to the credit risk or the possibility the underwriting bank goes bankrupt. The note can be vulnerable if the issuer gets into financial trouble, otherwise known as a default. With an ETN, an investor can lose some or all of their investment if the ETN issuer goes under.

Issuer Credit Suisse Group AG
Expense Ratio 0.85%
Assets Under Management (AUM) 4.01M
Underlying Index Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index
Asset Class Commodity
ETF Category Commodity ETFs
Net Asset Value (NAV) $20.06
Options? Yes
Total Holdings N/A

USOI - Price/Volume Stats

Current price $20.06
Prev. close $20.17
Day low $19.76
Day high $20.20
52-week high $30.61
52-week low $18.34
Day Volume 1,400
Avg. volume 6,674
Dividend yield 11.38%

USOI - Recent Returns

1-mo -2.62%
3-mo -9.04%
6-mo -7.36%
1-year -23.20%
3-year N/A
5-year N/A
YTD 10.64%
2018 -24.23%
2017 N/A
2016 N/A
2015 N/A
2014 N/A

USOI - Stock Chart


USOI - Dividends

Ex-Dividend Date Type Payout Amount Change
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