# USOI ETF returns, drawdowns and dividends

> USOI (ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037): 1-year total return +50.63%, price return -10.66%, max drawdown 30.91%, trailing yield 59.27%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/usoi/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 (option income ETF). Total assets: $304M, average daily dollar volume $6.7M (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

USOI gained 50.63% over the past year with dividends reinvested (-10.66% on price alone), based on closing prices through Oct. 26, 2026. Over the last 5.3 years (since July 16, 2021) it gained 112.19% with dividends reinvested, or +15.32% a year. Its largest fall from a peak over the past year was 30.91%, and it closed 62.10% below its highest close since July 16, 2021 ($117.40 on June 8, 2022). It pays dividends monthly: $26.37 per share over the last 12 months, a trailing yield of 59.27%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | +7.19% | +0.07% |
| 3 months | 2026-07-24 | +16.08% | -1.66% |
| 6 months | 2026-04-24 | +15.13% | -15.99% |
| Year to date | 2025-12-31 | +54.52% | -5.99% |
| 1 year | 2025-10-24 | +50.63% | -10.66% |
| 3 years | 2023-10-26 | +44.94% (+13.17%/yr) | -44.79% (-17.96%/yr) |
| 5 years | 2021-07-16 | +112.19% (+15.32%/yr) | -57.87% (-15.11%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year USOI paid out 52.95% of its starting price in distributions, while its price changed -10.66%. Reinvesting every payment gave a total return of +50.63%. The share price fell, but the payouts more than made up for it.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | +54.52% | -5.99% |
| 2025 | -8.78% | -27.73% |
| 2024 | +14.89% | -5.99% |
| 2023 | +6.20% | -16.34% |
| 2022 | +14.18% | -19.80% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 30.91% |
| Max drawdown, 3 years | 48.19% |
| Max drawdown, 5 years | 64.00% |
| Highest close since 2021-07-16 | $117.40 on 2022-06-08 (-62.10% from there) |
| 52-week closing range | $42.27 to $61.17 |

Deepest fall in the stored history: 64.00%, from 2022-06-08 to 2026-07-01, not yet recovered.

## Dividends

Trailing 12 months: $26.37 per share in 12 payments, yield 59.27%. Last ex-dividend date: 2026-10-21 ($3.14).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $25.15 | 10 |
| 2025 | $12.88 | 12 |
| 2024 | $14.11 | 12 |
| 2023 | $18.61 | 12 |
| 2022 | $35.61 | 12 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/