TRES vs. USOI
Compare and contrast key facts about Defiance Treasury Alternative Yield ETF (TRES) and Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI).
TRES and USOI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TRES is an actively managed fund by Defiance. It was launched on Jan 24, 2024. USOI is a passively managed fund by Credit Suisse Group AG that tracks the performance of the Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index. It was launched on Apr 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRES or USOI.
Correlation
The correlation between TRES and USOI is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TRES vs. USOI - Performance Comparison
Key characteristics
Returns By Period
TRES
N/A
N/A
N/A
N/A
N/A
N/A
USOI
-15.03%
-13.83%
-8.73%
-15.83%
10.62%
N/A
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TRES vs. USOI - Expense Ratio Comparison
TRES has a 0.75% expense ratio, which is lower than USOI's 0.85% expense ratio.
Risk-Adjusted Performance
TRES vs. USOI — Risk-Adjusted Performance Rank
TRES
USOI
TRES vs. USOI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Treasury Alternative Yield ETF (TRES) and Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TRES vs. USOI - Dividend Comparison
TRES has not paid dividends to shareholders, while USOI's dividend yield for the trailing twelve months is around 25.47%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
TRES Defiance Treasury Alternative Yield ETF | 2.85% | 5.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN | 25.47% | 21.55% | 26.72% | 42.78% | 20.48% | 67.99% | 17.11% | 13.08% | 6.31% |
Drawdowns
TRES vs. USOI - Drawdown Comparison
Volatility
TRES vs. USOI - Volatility Comparison
The current volatility for Defiance Treasury Alternative Yield ETF (TRES) is 0.00%, while Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) has a volatility of 11.45%. This indicates that TRES experiences smaller price fluctuations and is considered to be less risky than USOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.