ETN profile
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 (USOI)

ETN overview

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.

CountryUnited States of America
ExchangeNASDAQ
Trades inUSD
Current price
44.08 USD-7.24%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.85%
Fund assets
314.29M USD (all share classes)
Issuer
ETRACS
Inception date
Apr 25, 2017

Historical returns do not guarantee future returns. This is not investment advice.

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

USOI · NASDAQ
44.08 USD-7.24%
Sign up to track this ETN
Benchmarks
Fund facts
Expense ratio
0.85%
Fund assets
314.29M USD (all share classes)
Issuer
ETRACS
Inception date
Apr 25, 2017
ETN overview

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.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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