Credit Suisse X-Links Silver Shares Covered Call ETN (SLVO)
SLVO is a passive ETF by Credit Suisse Group AG tracking the investment results of the Credit Suisse NASDAQ Silver FLOWS 106 Index. SLVO launched on Apr 17, 2013 and has a 0.65% expense ratio.
ETF Info
| ISIN | US22542D4491 |
|---|---|
| CUSIP | 22542D449 |
| Issuer | Credit Suisse Group AG |
| Inception Date | Apr 17, 2013 |
| Region | North America (U.S.) |
| Category | Precious Metals |
| Leveraged | 1x |
| Index Tracked | Credit Suisse NASDAQ Silver FLOWS 106 Index |
| Asset Class | Multi-Asset |
Asset Class Size | Multi-Cap |
Expense Ratio
SLVO features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SLVO vs. SLV, SLVO vs. JEPI, SLVO vs. SCHD, SLVO vs. SPY, SLVO vs. QYLD, SLVO vs. JEPQ, SLVO vs. SIVR, SLVO vs. IAUF, SLVO vs. _next, SLVO vs. static
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Credit Suisse X-Links Silver Shares Covered Call ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Credit Suisse X-Links Silver Shares Covered Call ETN had a return of 23.95% year-to-date (YTD) and 26.44% in the last 12 months. Over the past 10 years, Credit Suisse X-Links Silver Shares Covered Call ETN had an annualized return of 3.84%, while the S&P 500 had an annualized return of 11.31%, indicating that Credit Suisse X-Links Silver Shares Covered Call ETN did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 23.95% | 24.72% |
| 1 month | -1.89% | 2.30% |
| 6 months | 7.64% | 12.31% |
| 1 year | 26.44% | 32.12% |
| 5 years (annualized) | 8.44% | 13.81% |
| 10 years (annualized) | 3.84% | 11.31% |
Monthly Returns
The table below presents the monthly returns of SLVO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.14% | -0.59% | 7.75% | 1.23% | 11.61% | -0.28% | 0.90% | -0.44% | 5.24% | 5.96% | 23.95% | ||
| 2023 | 1.33% | -10.57% | 6.80% | 0.27% | -4.41% | -1.63% | 8.29% | -0.08% | -8.17% | 2.77% | 8.62% | -3.48% | -2.31% |
| 2022 | -1.55% | 7.26% | 0.61% | -6.49% | -4.97% | -5.51% | -0.11% | -10.05% | 5.58% | 2.18% | 12.96% | 5.50% | 3.04% |
| 2021 | 0.93% | 3.64% | -4.37% | 6.08% | 4.90% | -3.78% | -2.18% | -5.80% | -6.59% | 6.61% | -5.06% | 2.28% | -4.57% |
| 2020 | -0.03% | -6.94% | -16.15% | 12.71% | 9.08% | 2.88% | 11.81% | 8.24% | -12.99% | 2.72% | -0.59% | 13.91% | 20.84% |
| 2019 | 3.51% | -2.46% | -2.75% | -0.80% | -2.99% | 5.06% | 4.62% | 6.04% | -4.31% | 6.36% | -5.41% | 3.19% | 9.41% |
| 2018 | 2.45% | -5.17% | -0.32% | 1.22% | 0.50% | -1.30% | -3.26% | -6.51% | 0.14% | -1.28% | -0.70% | 7.22% | -7.43% |
| 2017 | 10.53% | 4.57% | -0.59% | -4.74% | -0.46% | -3.39% | 0.15% | 3.52% | -5.38% | 0.54% | -1.21% | 2.38% | 4.99% |
| 2016 | 1.30% | 1.82% | 3.26% | 7.02% | -5.67% | 13.05% | 2.37% | -5.94% | 3.47% | -6.80% | -6.79% | -3.13% | 1.92% |
| 2015 | 8.59% | -1.06% | 0.28% | -2.65% | 3.92% | -4.38% | -6.32% | -0.87% | 0.74% | 5.93% | -7.98% | -0.18% | -5.13% |
| 2014 | -0.62% | 10.19% | -4.48% | -2.54% | -1.29% | 7.62% | -2.57% | -4.03% | -12.66% | -4.28% | -3.48% | 1.01% | -17.46% |
| 2013 | 4.30% | -7.55% | -11.73% | 2.75% | 10.37% | -2.61% | 1.76% | -7.57% | -2.33% | -13.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SLVO is 45, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Credit Suisse X-Links Silver Shares Covered Call ETN (SLVO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Credit Suisse X-Links Silver Shares Covered Call ETN provided a 17.51% dividend yield over the last twelve months, with an annual payout of $13.70 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $13.70 | $12.19 | $15.32 | $25.82 | $33.30 | $10.26 | $8.44 | $14.32 | $29.74 | $28.50 | $37.01 | $35.18 |
Dividend yield | 17.51% | 16.50% | 17.33% | 25.41% | 25.30% | 7.31% | 6.11% | 9.06% | 18.16% | 15.26% | 16.48% | 11.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Credit Suisse X-Links Silver Shares Covered Call ETN. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.52 | $0.44 | $0.48 | $0.75 | $2.13 | $1.57 | $1.36 | $1.55 | $1.75 | $2.15 | $0.00 | $12.69 | |
| 2023 | $2.24 | $1.22 | $0.79 | $0.94 | $1.62 | $0.78 | $1.36 | $1.63 | $0.30 | $0.30 | $0.68 | $0.33 | $12.19 |
| 2022 | $1.28 | $1.14 | $1.24 | $2.70 | $1.26 | $0.94 | $0.66 | $0.56 | $0.68 | $1.74 | $0.79 | $2.33 | $15.32 |
| 2021 | $2.32 | $4.20 | $3.82 | $3.76 | $2.32 | $2.50 | $2.12 | $1.00 | $0.62 | $0.48 | $1.04 | $1.64 | $25.82 |
| 2020 | $0.92 | $1.24 | $0.52 | $0.82 | $4.44 | $3.52 | $1.88 | $2.82 | $4.46 | $4.12 | $4.94 | $3.62 | $33.30 |
| 2019 | $0.82 | $0.34 | $0.26 | $0.62 | $0.06 | $0.30 | $0.44 | $1.02 | $2.72 | $1.96 | $1.14 | $0.58 | $10.26 |
| 2018 | $0.46 | $0.46 | $0.52 | $1.32 | $1.14 | $1.02 | $1.26 | $0.24 | $0.56 | $0.30 | $0.82 | $0.34 | $8.44 |
| 2017 | $2.20 | $1.36 | $1.44 | $0.46 | $1.26 | $0.78 | $0.62 | $0.98 | $1.94 | $1.48 | $1.32 | $0.48 | $14.32 |
| 2016 | $0.62 | $2.58 | $3.14 | $1.62 | $2.64 | $2.44 | $3.72 | $5.34 | $2.36 | $2.24 | $1.22 | $1.82 | $29.74 |
| 2015 | $4.20 | $4.82 | $2.86 | $1.32 | $0.94 | $1.94 | $1.42 | $1.72 | $2.36 | $2.46 | $3.42 | $1.04 | $28.50 |
| 2014 | $2.80 | $2.62 | $8.76 | $4.60 | $2.66 | $2.66 | $2.10 | $2.34 | $1.12 | $1.02 | $2.23 | $4.10 | $37.01 |
| 2013 | $3.44 | $3.66 | $5.00 | $6.64 | $4.92 | $3.10 | $4.38 | $4.04 | $35.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Credit Suisse X-Links Silver Shares Covered Call ETN. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Credit Suisse X-Links Silver Shares Covered Call ETN was 55.08%, occurring on Mar 18, 2020. Recovery took 1081 trading sessions.
The current Credit Suisse X-Links Silver Shares Covered Call ETN drawdown is 7.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.08% | May 7, 2013 | 1729 | Mar 18, 2020 | 1081 | Jul 5, 2024 | 2810 |
| -12.78% | Jul 17, 2024 | 16 | Aug 7, 2024 | 46 | Oct 11, 2024 | 62 |
| -7.83% | Oct 30, 2024 | 11 | Nov 13, 2024 | — | — | — |
| -2.78% | Apr 26, 2013 | 4 | May 1, 2013 | 3 | May 6, 2013 | 7 |
| -2.2% | Apr 23, 2013 | 1 | Apr 23, 2013 | 2 | Apr 25, 2013 | 3 |
Volatility
Volatility Chart
The current Credit Suisse X-Links Silver Shares Covered Call ETN volatility is 6.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.