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Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) Sortino Ratio: 1.17

USOI's Sortino Ratio of 1.17 indicates that for each unit of downside volatility, it generates 1.17 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

USOI Sortino Ratio Rank


USOI Sortino Ratio Rank: 39.239
Below Average

USOI ranks above 39.2% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns may not adequately compensate for downside risk taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better downside protection
  • Assess whether downside exposure aligns with your portfolio goals

USOI Sortino Ratio Market Positioning

The chart shows USOI's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 0.81 or lower
  • Yellow zone (middle 50%): 0.81 to 2.03
  • Green zone (top 25%): 2.03 or higher
  • Top 1%: 10.11+
  • Median: 1.44 — half of all investments score higher

How it compares to other similar ETFs

The table compares Credit Suisse X-Links Crude Oil Shares Covered Call ETN's Sortino Ratio with other ETFs in the Commodities category across multiple time periods, showing how USOI's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
BWETBreakwave Tanker Shipping ETF6.21
ISCMFiShares Diversified Commodity Swap UCITS ETF3.44
PITVanEck Commodity Strategy ETF3.12
ZSCUSCF Sustainable Commodity Strategy Fund3.03
HGERHarbor Commodity All-Weather Strategy ETF2.78
FAARFirst Trust Alternative Absolute Return Strategy ETF2.69
GSGiShares S&P GSCI Commodity-Indexed Trust2.58
FTGCFirst Trust Global Tactical Commodity Strategy Fund2.56
CERYSPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF2.52
GDMNWisdomTree Efficient Gold Plus Gold Miners Strategy Fund2.47
USOICredit Suisse X-Links Crude Oil Shares Covered Call ETN1.17

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows USOI's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when USOI consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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Explore USOI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.