USOI
UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 Commodities$55.40
+0.69%
(+0.38)
AUM $327.1M
Expense 85.00%
52w Low $45.84
64.5% of range
52w High $60.67
50d MA $56.61
200d MA $51.62
NAV
$58.20
AUM
$327.1M
Expense
85.00%
Holdings
0
Avg Volume
61K
Inception
Apr 25, 2017
Issuer
ETRACS
Exchange
NASDAQ
Domicile
US
ISIN
US22539U6029
50d MA
$56.61
200d MA
$51.62
About
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. T…