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USOI vs. QYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

USOI vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-0.02%
9.62%
USOI
QYLD

Returns By Period

In the year-to-date period, USOI achieves a 10.64% return, which is significantly lower than QYLD's 16.23% return.


USOI

YTD

10.64%

1M

1.07%

6M

-0.03%

1Y

4.47%

5Y (annualized)

-7.24%

10Y (annualized)

N/A

QYLD

YTD

16.23%

1M

0.51%

6M

9.61%

1Y

19.69%

5Y (annualized)

7.34%

10Y (annualized)

8.46%

Key characteristics


USOIQYLD
Sharpe Ratio0.151.92
Sortino Ratio0.342.61
Omega Ratio1.041.46
Calmar Ratio0.062.57
Martin Ratio0.5213.85
Ulcer Index5.99%1.44%
Daily Std Dev20.80%10.35%
Max Drawdown-77.42%-24.75%
Current Drawdown-45.38%-1.61%

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USOI vs. QYLD - Expense Ratio Comparison

USOI has a 0.85% expense ratio, which is higher than QYLD's 0.60% expense ratio.


USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Expense ratio chart for USOI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for QYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Correlation

-0.50.00.51.00.1

The correlation between USOI and QYLD is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

USOI vs. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.


Sharpe ratio
The chart of Sharpe ratio for USOI, currently valued at 0.15, compared to the broader market0.002.004.000.151.92
The chart of Sortino ratio for USOI, currently valued at 0.34, compared to the broader market-2.000.002.004.006.008.0010.000.342.61
The chart of Omega ratio for USOI, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.001.041.46
The chart of Calmar ratio for USOI, currently valued at 0.06, compared to the broader market0.005.0010.0015.000.062.57
The chart of Martin ratio for USOI, currently valued at 0.52, compared to the broader market0.0020.0040.0060.0080.00100.000.5213.85
USOI
QYLD

The current USOI Sharpe Ratio is 0.15, which is lower than the QYLD Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of USOI and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.15
1.92
USOI
QYLD

Dividends

USOI vs. QYLD - Dividend Comparison

USOI's dividend yield for the trailing twelve months is around 20.76%, more than QYLD's 11.65% yield.


TTM2023202220212020201920182017201620152014
USOI
Credit Suisse X-Links Crude Oil Shares Covered Call ETN
20.76%26.72%42.78%20.48%67.99%17.11%13.08%6.31%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
11.65%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

USOI vs. QYLD - Drawdown Comparison

The maximum USOI drawdown since its inception was -77.42%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for USOI and QYLD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-45.38%
-1.61%
USOI
QYLD

Volatility

USOI vs. QYLD - Volatility Comparison

Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) has a higher volatility of 7.52% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.46%. This indicates that USOI's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
7.52%
3.46%
USOI
QYLD