Ubs Ag Etracs Crude Oil Shares Covered Call ETN Exp 24th Apr 2037 vs Utilities Select Sector SPDR Fund — how do they compare? Ubs Ag Etracs Crude Oil Shares Covered Call ETN Exp 24th Apr 2037 trades at $45.01, while Utilities Select Sector SPDR Fund trades at $43.65. The key difference: Utilities Select Sector SPDR Fund is trading nearer its 52-week high, Ubs Ag Etracs Crude Oil Shares Covered Call ETN Exp 24th Apr 2037 nearer its low. Which is the better fit depends on your goals.
| USOI | XLU | |
|---|---|---|
Sector | Income / Options Overlay | — |
52-Week High | $61.17 | $47.73 |
52-Week Low | $42.27 | $41.31 |
Trailing returns across standard periods
USOI is an Exchange-Traded Note (ETN) issued by UBS that provides exposure to a covered call strategy on the United States Oil Fund (USO). It aims to generate high monthly income by capturing option premiums from the hypothetical sale of out-of-the-money call options on oil shares, offering a way to profit from crude oil's volatility even in a flat or range-bound market.
Read more on USOI →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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