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UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 (USOI): ETF

ETF traded on XNAS under symbol USOI. Quoted in usd.

UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 logo

UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037

+0.79%$43.15
XNAS:USOICommodities
AUM $307.66M·YTD --·Yield --
UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 logoXNAS:USOI$43.15+0.79%
About USOI

USOI presents a distinctive strategy within the crude oil market, aiming to generate revenue from its holdings in oil futures. This Exchange Traded Note mirrors the performance of USO, a widely recognized ETF tracking front-month oil contracts, while simultaneously taking a synthetic short position in USO call options. These options are structured to expire the following month with strike prices set 6% above the current market value. This particular strategy is designed to boost income and reduce price volatility compared to simply holding USO, but it inherently limits the potential for substantial upside gains. Consequently, USOI's performance is anticipated to diverge significantly from that of direct crude oil futures. In line with typical ETN characteristics, USOI intends to distribute its generated income to investors on a monthly basis.

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Total Invested
$70,000
Final Portfolio
$107,659
Total Return
+$37,659
(+53.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$307.66M
NAV$43.15
Premium/DiscountAt NAV
Expense Ratio0.85%
Market Cap--
Shares Outstanding--
Inception DateApr. 25, 2017
Fund Details
IssuerETRACS
Asset ClassCommodities
Beta1.00
SectorFinancial Services
DomicileUS
52-Week Range
$41.90$61.30
Current: $43.15
Volume
Volume64.39K
Avg Volume195.00K
Vol/Avg0.33x

30d

146.57K

60d

127.79K

90d

125.27K

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