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BNO

United States Brent Oil Fund

Brent crude oil futures ETF. International oil benchmark alternative to USO (WTI). Same contango drag issues.

TER
0.90%
AUM
$0.2B
CAGR
3.7%
Volatility
35.9%
Max Drawdown
-84.5%
Data Range
2010-06 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-12.6%
Worst DD-84.5%
Worst date2020-04

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return0.6%
Best56.6%
Worst-35.9%
% positive55%
155 periods

Backtest Data Proxy

Futures-based: subject to roll costs and contango drag.

Key Facts

ISIN
US91167Q1004
Issuer
Invesco
Benchmark
Brent Crude Oil (front-month futures)
Total Expense Ratio (TER)
0.90%
Assets Under Management
$0.2B approx.
Inception Date
2010-06-02
Domicile
United States
Legal Structure
Limited Partnership
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
N/A

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

General portfolio building block for the asset class it covers.

Key Risks to Consider

No cash flows or dividends — returns depend entirely on price appreciation.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

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Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), USCF (metadata)Last verified: 2026-04-17