Oil Enhanced Options Income ETF
DThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$7.34−0.55 (−6.97%)
- 1.12%
- $82M
- +79.6%
- 46.97%
- 411K sh
- low $6.35high $9.58
The ETF.net USOY Grade
D
Score 35 out of 100
- 37 of 51
Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F16 out of 100Rank 43 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.C50 out of 100Rank 2 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 30 of 48Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 20 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 9 of 51
Our read on USOY
In short
DMost options-income funds harvest premium from stocks. USOY works the oil patch instead, writing options tied to a large oil-tracking ETF and paying the proceeds out monthly, with upside capped by design.
Stated mandate
The Fund seeks current income and, secondarily, exposure to the performance of USO, subject to a limit on potential investment gains.
Why people hold it
Worth knowing
USOY Holdings
- Other
- 9
- 103%
- United States Treasury Bill 07/08/2027
Geography
- United States100.00%
USOY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
USOY$17,960
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | USOY |
|---|---|
| Year to date | +81.6% |
| 1 month | +11.9% |
| 3 months | +20.3% |
| 1 year | +79.6% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | USOY |
|---|---|---|
| 2026 YTD | +81.6% | |
| 2025 | −7.9% | |
| 2024 | +7.4% |
USOY in the news
USOY Dividends
- 46.97%
- $3.71
- $0.07 per share
- Weekly
USOY Risk
- 30.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.79
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.56
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
USOY Cost
Overpaying vs RECI, cheapest in Active Option Income
$14,458
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
USOY 1.12%
$20,607
RECI 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | USOY | RECI | Overpaying |
|---|---|---|---|
| 10 | $1,965 | $545 | $1,420 |
| 20 | $7,344 | $2,113 | $5,231 |
| 30 | $20,607 | $6,149 | $14,458 |
Other funds in Active Option Income
- DBIGYYieldMax Target 12 Big 50 Option Income ETFExpense ratio 1.09%1 year return +4.1%
- DFIXPFolioBeyond Enhanced Fixed Income Premium ETFExpense ratio 1.03%1 year return +1.9%
- DULTYYieldMax Ultra Option Income Strategy ETFExpense ratio 1.30%1 year return −14.4%
- DKYLDKurv High Income ETFExpense ratio 1.08%1 year return −10.4%
- DYMAXYieldMax Universe Fund of Option Income ETFsExpense ratio 1.33%1 year return −7.7%
