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⦠read more
-
ETF
Equity
- years
- holdings
$50.42
Price-2.05%
-$1.05
$299.043m
Small
$60.774k
Avg Volume$372.860m
$72.46
NAV0.85%
Expense Ratio18.31%
Yield$9.23
Dividend