(USOI) Credit Suisse X-Links Crude - Ratings and Ratios
Crude Oil, Covered Call, ETN, Options
| Risk via 10d forecast | |
|---|---|
| Volatility | 21.9% |
| Value at Risk 5%th | 38.5% |
| Relative Tail Risk | 7.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.33 |
| Alpha | -12.34 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.453 |
| Beta | 0.405 |
| Beta Downside | 0.794 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.65% |
| Mean DD | 6.80% |
| Median DD | 6.88% |
Description: USOI Credit Suisse X-Links Crude October 27, 2025
The Credit Suisse X-Links Crude Oil Shares Covered Call ETN (NASDAQ: USOI) tracks the price-return version of the Credit Suisse Nasdaq WTI Crude Oil FLOWSTM 106 Index, which implements a covered-call overlay on United States Oil Fund (USO) shares. Returns consist of the underlying USO price movement plus the premium from selling monthly call options on USO, minus any transaction costs incurred to maintain the strategy.
Key market drivers for USOI include (1) spot WTI crude price trends, since USO’s NAV is tightly linked to WTI futures; (2) the implied volatility of front-month WTI options, which determines the size of the call premiums collected; and (3) the roll-yield environment of the USO futures curve, where contango can erode USO’s price and therefore affect the net premium income. Recent data (as of Q3 2024) show an average monthly call premium of roughly $0.12 per USO share (≈ 5-6% annualized) and a roll-yield drag of about -2% y-y on USO’s total return. Because USOI is an ETN rather than a regulated ETF, investors also bear the credit risk of Credit Suisse, which is a material consideration in the product’s risk profile.
If you want to dig deeper into USOI’s risk-adjusted performance metrics and how its implied-volatility premium compares to alternative oil-linked strategies, the analytics on ValueRay provide a useful, data-driven starting point.
USOI ETF Overview
| Market Cap in USD | 273m |
| Category | Commodities Focused |
| TER | 0.85% |
| IPO / Inception | 2017-04-25 |
| Return 12m vs S&P 500 | -14.9% |
| Analyst Rating | - |
USOI Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 28.50% |
| Yield on Cost 5y | 52.75% |
| Yield CAGR 5y | 45.20% |
| Payout Consistency | 81.7% |
| Payout Ratio | - |
USOI Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 4.60% |
| CAGR/Max DD Calmar Ratio | 0.23 |
| CAGR/Mean DD Pain Ratio | 0.68 |
| Current Volume | 71.5k |
| Average Volume | 55.8k |
What is the price of USOI shares?
Over the past week, the price has changed by -0.95%, over one month by -2.02%, over three months by -4.17% and over the past year by -3.64%.
Is USOI a buy, sell or hold?
What are the forecasts/targets for the USOI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 67.5 | 40% |
USOI Fundamental Data Overview November 19, 2025
Beta = 0.74
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 272.5m USD (272.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 272.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 272.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.51% (E(272.5m)/V(272.5m) * Re(7.51%) + (debt-free company))
Discount Rate = 7.51% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for USOI ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle