USOI - UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 ETF Analysis | Stock Taper
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USOI

UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037
UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 ETRACS
$48.86 1.01% (+0.49)

Managing Company ETRACS
Asset Under Management $276.45M
Inception Date Apr 26, 2017
Expense Ratio 0.85%
52w High $68.01
52w Low $45.84
Volume 628,072
Avg Volume 132,619
Asset Class Commodities

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

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....

Holdings (Top 20)

No holdings data available.