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Upturn AI SWOT - About
Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI)
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Upturn Advisory Summary
08/14/2025: USOI (1-star) is a SELL. SELL since 2 days. Profits (-0.90%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -11.49% | Avg. Invested days 38 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.74 | 52 Weeks Range 46.71 - 60.37 | Updated Date 06/29/2025 |
52 Weeks Range 46.71 - 60.37 | Updated Date 06/29/2025 |
Upturn AI SWOT
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
ETF Overview
Overview
The Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) offered exposure to the daily performance of a covered call strategy on crude oil. It combined a long position in front-month West Texas Intermediate (WTI) crude oil futures contracts with a covered call option overlay, aiming to generate income.
Reputation and Reliability
Credit Suisse's reputation was tarnished due to various scandals and financial troubles, culminating in its acquisition by UBS. The reliability of products issued before the acquisition is questionable.
Management Expertise
Credit Suisse, prior to its acquisition, had extensive experience in structured products. However, the ETN's management team's specific expertise isn't publicly detailed.
Investment Objective
Goal
The primary investment goal was to provide investors with current income and exposure to the price of crude oil.
Investment Approach and Strategy
Strategy: The ETN employed a covered call strategy by selling call options on crude oil futures contracts, generating income but potentially limiting upside participation.
Composition The ETN's assets primarily consisted of front-month West Texas Intermediate (WTI) crude oil futures contracts, collateral, and cash.
Market Position
Market Share: Due to the ETN's redemption, its market share is now zero.
Total Net Assets (AUM): 0
Competitors
Key Competitors
- USL
- OILK
- SCO
Competitive Landscape
The crude oil ETF market is competitive, with numerous ETFs offering different strategies (leveraged, inverse, etc.). USOI's covered call strategy distinguished it but limited upside potential. Competitors offer unleveraged, leveraged, and inverse exposure. USOI is not currently viable due to its being discontinued.
Financial Performance
Historical Performance: Historical performance is not relevant due to the ETN being discontinued.
Benchmark Comparison: Benchmark comparison is not relevant due to the ETN being discontinued.
Expense Ratio: 0.85
Liquidity
Average Trading Volume
Trading volume data is no longer relevant due to the discontinuation of the ETN.
Bid-Ask Spread
Bid-ask spread data is no longer relevant due to the discontinuation of the ETN.
Market Dynamics
Market Environment Factors
Crude oil prices are influenced by global supply and demand, geopolitical events, and economic conditions.
Growth Trajectory
The ETN's future growth trajectory is nonexistent as it has been discontinued.
Moat and Competitive Advantages
Competitive Edge
USOI's advantage was its covered call strategy, aiming to generate income. The strategy offered investors a cushion against price declines, but it capped potential upside. The ETN also provided exposure to crude oil futures. There is no competitive edge now that the fund has been discontinued.
Risk Analysis
Volatility
Historical volatility data is no longer relevant due to the discontinuation of the ETN.
Market Risk
Crude oil prices are inherently volatile and subject to rapid fluctuations, making investments in crude oil ETNs risky.
Investor Profile
Ideal Investor Profile
The ideal investor profile was for those seeking income and exposure to crude oil, accepting limited upside and the risks of futures contracts. This is no longer valid.
Market Risk
The ETN was best suited for sophisticated investors understanding covered call strategies and the risks of commodity futures, specifically short-term trading opportunities, but is no longer applicable.
Summary
USOI was a covered call ETN that offered exposure to crude oil prices. It aimed to provide income but limited upside potential. Due to Credit Suisse's acquisition and the ETN's subsequent redemption, it is no longer available. Investors seeking exposure to crude oil should consider alternative ETFs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Issuer Website (historical)
- Bloomberg
Disclaimers:
This analysis is based on historical data and publicly available information. The information provided is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investments in ETFs carry risk, including the risk of loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The investment seeks a return linked to the performance of the price return version of the Credit Suisse Nasdaq WTI Crude Oil FLOWSTM 106 Index (the "index"). The index measures the return of a "covered call" strategy on the shares of the United States Oil Fund, LP (the "USO Fund", and such shares the "USO Shares") by reflecting changes in the price of the USO Shares and the notional option premiums received from the notional sale of monthly call options on the USO Shares less the Notional Transaction Costs incurred in connection with the implementation of the covered call strategy.
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