Data Source: from January 1982 to July 2022
Consolidated Returns as of 31 Jul 2022
Live Update: Aug 15 2022
Category: Commodities
ETF: United States Brent Oil Fund (BNO)
ETF • LIVE PERFORMANCE (USD currency)
3.52%
1 Day
Aug 15 2022
8.65%
Current Month
August 2022

In the last 30 Years, the United States Brent Oil Fund (BNO) ETF obtained a 5.37% compound annual return, with a 32.98% standard deviation.

The ETF is related to the following investment themes:

  • Asset Class: Commodity
  • Commodity: Brent Oil

Historical Returns as of Jul 31, 2022

Historical returns and stats of United States Brent Oil Fund (BNO) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

UNITED STATES BRENT OIL FUND (BNO) ETF
Consolidated returns as of 31 Jul 2022
Data Source: from January 1982 to July 2022
Swipe left to see all data
Period Return (%)
as of Jul 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Jul 2022
-1.10
-1.09
-1.10
Jul 2022 - Jul 2022
0 - 1
3M
5.99
3.43
-4.60
Jun 2022 - Jul 2022
1 - 2
6M
33.80
26.97
-4.60
Jun 2022 - Jul 2022
4 - 2
YTD
54.85
45.72
-4.60
Jun 2022 - Jul 2022
5 - 2
1Y
65.97
52.93
30.94
-15.96
Nov 2021 - Nov 2021
8 - 4
67% pos
3Y(*)
19.15
13.57
49.39
-66.33
Jan 2020 - Apr 2020
24 - 12
67% pos
5Y(*)
18.34
13.91
42.14
-69.90
Oct 2018 - Apr 2020
42 - 18
70% pos
10Y(*)
-1.33
-3.83
36.42
-84.53
Jul 2014 - Apr 2020
70 - 50
58% pos
15Y(*)
1.63
-0.73
35.48
-84.77
Jul 2008 - Apr 2020
107 - 73
59% pos
20Y(*)
6.99
4.36
33.76
-84.77
Jul 2008 - Apr 2020
143 - 97
60% pos
25Y(*)
6.81
4.22
34.78
-84.77
Jul 2008 - Apr 2020
174 - 126
58% pos
30Y(*)
5.37
2.78
32.98
-84.77
Jul 2008 - Apr 2020
204 - 156
57% pos
MAX(*)
01 Jan 1982
2.43
-0.43
33.41
-84.77
Jul 2008 - Apr 2020
266 - 221
55% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Jul 2022. Current inflation (annualized) is 1Y: 8.52% , 5Y: 3.89% , 10Y: 2.60% , 30Y: 2.52%

ETF Returns, up to December 2010, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

Correlations as of Jul 31, 2022

Monthly correlations of United States Brent Oil Fund (BNO) ETF vs the main Asset Classes, over different timeframes.

Columns are sortable (click on table header to sort).

UNITED STATES BRENT OIL FUND (BNO) ETF
Monthly correlations as of 31 Jul 2022
Swipe left to see all data
Correlation vs BNO
 
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
US Total Stock Market
VTI
-0.01
0.49
0.43
0.29
0.29
US Large Cap
SPY
0.00
0.47
0.41
0.27
0.27
US Small Cap
IJR
0.07
0.59
0.49
0.33
0.32
US REITs
VNQ
-0.01
0.43
0.19
0.15
0.15
US Technology
QQQ
-0.20
0.33
0.28
0.21
0.21
Preferred Stocks
PFF
0.08
0.41
0.29
0.15
0.15
EAFE Stocks
EFA
0.24
0.62
0.52
0.36
0.36
World All Countries
VT
0.08
0.56
0.49
0.34
0.34
Emerging Markets
EEM
0.26
0.50
0.43
0.32
0.32
Europe
VGK
0.21
0.63
0.53
0.34
0.34
Pacific
VPL
0.27
0.57
0.44
0.35
0.34
Latin America
FLLA
0.44
0.57
0.50
0.36
0.36
US Total Bond Market
BND
-0.24
-0.09
-0.15
-0.08
-0.08
Long Term Treasuries
TLT
-0.43
-0.41
-0.42
-0.27
-0.27
US Cash
BIL
0.02
-0.36
-0.13
-0.01
0.00
TIPS
TIP
-0.20
0.02
0.01
0.08
0.08
Investment Grade Bonds
LQD
-0.13
0.21
0.10
0.04
0.04
High Yield Bonds
HYG
0.09
0.49
0.48
0.26
0.26
International Bond Market
BNDX
-0.42
-0.07
-0.15
0.02
0.02
Emerging Market Bonds
EMB
0.00
0.49
0.37
0.18
0.18
Gold
GLD
0.25
-0.08
0.03
0.14
0.14
Commodities
DBC
0.91
0.91
0.91
0.83
0.83

Capital Growth as of Jul 31, 2022

An investment of 1000$, since August 1992, now would be worth 4799.94$, with a total return of 379.99% (5.37% annualized).

The Inflation Adjusted Capital now would be 2276.23$, with a net total return of 127.62% (2.78% annualized).
An investment of 1000$, since January 1982, now would be worth 2646.95$, with a total return of 164.70% (2.43% annualized).

The Inflation Adjusted Capital now would be 839.80$, with a net total return of -16.02% (-0.43% annualized).

Drawdowns

Worst drawdowns since August 1992.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-84.77% Jul 2008 Apr 2020 142 in progress 27 169
-56.07% Jan 1997 Nov 1998 23 Dec 1999 13 36
-39.96% Dec 2000 Nov 2001 12 Feb 2003 15 27
-35.52% Aug 1992 Dec 1993 17 Aug 1996 32 49
-27.78% Mar 2003 Apr 2003 2 Apr 2004 12 14
-23.62% Aug 2006 Jan 2007 6 Jul 2007 6 12
-17.86% Sep 2005 Nov 2005 3 Apr 2006 5 8
-17.39% Nov 2004 Dec 2004 2 Feb 2005 2 4
-14.95% Mar 2000 Apr 2000 2 May 2000 1 3
-11.91% Jul 2000 Jul 2000 1 Aug 2000 1 2
-6.96% Jun 2004 Jun 2004 1 Jul 2004 1 2
-6.56% Apr 2005 May 2005 2 Jun 2005 1 3
-5.93% Sep 2000 Sep 2000 1 Nov 2000 2 3
-5.66% Aug 2007 Aug 2007 1 Sep 2007 1 2
-2.62% Nov 2007 Nov 2007 1 Dec 2007 1 2
-2.33% Oct 1996 Oct 1996 1 Dec 1996 2 3
-2.24% May 2006 May 2006 1 Jun 2006 1 2
-1.75% Jan 2008 Jan 2008 1 Feb 2008 1 2
-1.05% Aug 2004 Aug 2004 1 Sep 2004 1 2

Worst drawdowns since January 1982.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-84.77% Jul 2008 Apr 2020 142 in progress 27 169
-74.41% Jan 1982 Jul 1986 55 Sep 1990 50 105
-73.25% Oct 1990 Nov 1998 98 Jul 2004 68 166
-23.62% Aug 2006 Jan 2007 6 Jul 2007 6 12
-17.86% Sep 2005 Nov 2005 3 Apr 2006 5 8
-17.39% Nov 2004 Dec 2004 2 Feb 2005 2 4
-6.56% Apr 2005 May 2005 2 Jun 2005 1 3
-5.66% Aug 2007 Aug 2007 1 Sep 2007 1 2
-2.62% Nov 2007 Nov 2007 1 Dec 2007 1 2
-2.24% May 2006 May 2006 1 Jun 2006 1 2
-1.75% Jan 2008 Jan 2008 1 Feb 2008 1 2
-1.05% Aug 2004 Aug 2004 1 Sep 2004 1 2

Rolling Returns ( more details)

United States Brent Oil Fund (BNO) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
8.40 158.18
Mar 1999 - Feb 2000
-66.00
May 2019 - Apr 2020
45.59%
2 Years
4.22 108.61
May 2020 - Apr 2022
-48.80
Mar 2014 - Feb 2016
47.20%
3 Years
2.79 44.89
May 2003 - Apr 2006
-35.91
Feb 2013 - Jan 2016
43.58%
5 Years
2.81 37.62
Jul 2003 - Jun 2008
-21.99
May 2015 - Apr 2020
40.65%
7 Years
2.92 28.59
Feb 1999 - Jan 2006
-21.59
May 2013 - Apr 2020
43.07%
10 Years
3.88 26.45
Jul 1998 - Jun 2008
-13.17
May 2010 - Apr 2020
41.85%
15 Years
5.14 18.55
Jan 1999 - Dec 2013
-6.57
Dec 1983 - Nov 1998
20.45%
20 Years
5.72 12.33
Jan 1994 - Dec 2013
-3.07
Jan 1982 - Dec 2001
10.89%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the United States Brent Oil Fund (BNO) ETF: Rolling Returns page.

Seasonality

United States Brent Oil Fund (BNO) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
0.09
54%
0.76
59%
0.76
54%
3.19
66%
1.83
49%
0.60
51%
0.45
59%
2.76
58%
2.05
58%
-1.99
50%
-2.02
48%
-0.49
53%
Best
Year
15.9
1987
17.9
2021
40.1
1999
18.5
2015
39.3
2020
17.5
1999
22.9
1990
41.4
1986
46.2
1990
14.5
2007
25.7
2020
13.9
2002
Worst
Year
-29.0
1991
-22.7
1986
-51.2
2020
-12.9
2003
-14.6
2010
-16.9
1986
-19.8
1986
-12.6
1994
-16.2
1988
-33.5
2008
-21.1
2018
-25.1
2000
Statistics calculated for the period Jan 1982 - Jul 2022

Monthly/Yearly Returns

United States Brent Oil Fund (BNO) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
266 Positive Months (55%) - 221 Negative Months (45%)
Jan 1982 - Jul 2022
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
+54.85 +45.72 15.7 12.2 10.2 2.1 11.1 -3.5 -1.1
2021
+62.34 +51.67 6.7 17.9 -2.0 6.8 3.8 9.3 1.4 -4.2 10.4 7.8 -16.0 11.8
2020
-38.23 -39.06 -12.8 -11.0 -51.2 -11.0 39.3 10.3 4.9 3.1 -8.7 -11.0 25.7 8.1
2019
+36.01 +32.97 12.8 8.7 2.3 7.4 -13.2 5.9 0.9 -7.9 3.0 0.8 3.6 10.0
2018
-15.30 -16.89 4.1 -5.8 7.8 8.4 4.2 2.5 -6.1 4.2 7.5 -9.1 -21.1 -8.3
2017
+15.43 +13.05 -2.8 0.9 -5.6 -4.3 -2.6 -4.0 7.3 0.7 7.9 7.8 3.2 7.2
2016
+28.10 +25.50 -7.4 0.3 7.8 18.3 3.7 -1.1 -13.8 7.5 5.1 -4.3 4.1 8.6
2015
-46.08 -46.47 -11.8 16.5 -12.2 18.5 -3.1 -4.2 -19.0 1.8 -10.6 0.4 -11.3 -17.4
2014
-49.03 -49.42 -5.3 2.9 -0.8 0.5 1.6 3.3 -5.9 -3.2 -8.6 -9.9 -17.9 -18.8
2013
+8.54 +6.94 5.0 -3.1 -0.3 -7.4 -1.2 2.1 6.1 6.8 -3.5 1.0 1.5 2.3
2012
+9.95 +8.07 3.6 11.0 0.5 -2.4 -14.6 -3.8 7.0 11.5 -1.9 -2.6 3.2 0.9
2011
+19.52 +16.08 7.3 10.9 4.7 7.6 -7.4 -3.6 4.3 -1.8 -11.6 10.9 1.9 -2.4
2010
+21.58 +19.79 -8.3 8.6 6.6 5.7 -14.6 0.5 4.2 -4.5 10.3 1.0 3.3 10.3
2009
+70.94 +66.41 0.6 1.0 6.2 3.2 29.0 5.8 3.5 -2.9 -0.8 8.9 4.3 -0.7
2008
-51.42 -51.47 -1.7 8.6 0.2 11.0 14.7 9.4 -11.3 -8.0 -13.9 -33.5 -18.1 -14.8
2007
+54.21 +48.16 -5.7 7.8 10.0 -0.7 0.6 5.0 7.9 -5.7 8.9 14.5 -2.6 6.3
2006
+3.19 +0.63 11.9 -6.4 6.7 9.3 -2.2 4.4 2.2 -6.5 -11.1 -5.5 8.9 -5.3
2005
+45.77 +40.96 13.5 9.0 8.4 -5.9 -0.7 9.6 6.8 12.9 -5.3 -8.5 -5.2 7.1
2004
+34.11 +29.88 -3.3 10.5 -2.2 9.4 7.5 -7.0 16.0 -1.0 17.1 5.6 -7.1 -11.1
2003
+5.27 +3.33 8.5 5.4 -17.1 -12.9 11.1 7.6 0.1 3.9 -6.4 0.3 2.7 6.0
2002
+44.02 +40.68 -3.6 11.2 19.8 3.6 -7.6 4.6 -0.5 8.0 4.7 -10.5 -2.2 13.9
2001
-16.63 -17.91 11.7 -4.1 -3.2 12.7 5.2 -11.1 -5.3 7.0 -11.9 -12.4 -6.0 4.0
2000
-7.23 -10.27 0.9 8.2 -11.8 -3.6 18.5 8.0 -11.9 17.8 -5.9 3.1 3.6 -25.1
1999
+144.35 +137.96 7.8 -4.1 40.1 8.7 -10.1 17.5 10.6 10.1 10.5 -8.0 9.0 8.8
1998
-36.26 -37.27 -3.4 -11.2 0.6 1.4 -0.6 -6.9 -2.2 -7.7 21.5 -9.9 -20.9 0.7
1997
-30.62 -31.78 -5.4 -16.3 -1.2 -0.5 4.8 -4.6 2.3 -2.3 7.5 0.6 -5.4 -12.8
1996
+29.90 +25.72 -9.9 7.5 9.3 -2.0 -6.4 6.2 -0.1 9.9 11.7 -2.3 0.4 4.6
1995
+11.09 +8.34 1.8 0.4 3.7 8.9 -7.1 -7.5 -2.3 1.5 -0.8 1.3 4.3 7.6
1994
+25.00 +21.74 7.7 -6.1 -0.7 18.4 4.8 6.5 6.1 -12.6 5.6 -1.3 1.1 -3.6
1993
-27.83 -29.76 1.0 2.4 -0.1 1.3 -3.4 -5.4 -4.3 2.0 2.0 -9.4 -8.1 -9.1
1992
+3.86 +0.93 3.1 -3.3 3.4 8.4 5.7 -1.8 0.3 -3.3 2.7 -4.4 -3.1 -2.9
1991
-37.71 -39.56 -29.0 -6.9 -3.6 7.9 -1.1 -2.6 5.4 4.9 2.3 4.4 -8.9 -12.5
1990
+39.40 +31.38 -1.1 -2.9 -5.6 -6.9 -5.1 -0.6 22.9 34.8 46.2 -12.0 -15.1 -3.2
1989
+30.67 +24.87 2.5 3.1 19.2 -3.1 -6.3 -1.5 -5.5 4.4 5.3 2.6 -0.8 9.7
1988
-13.54 -17.20 -9.5 -9.5 7.1 7.0 -4.2 -8.0 5.7 -7.0 -16.2 4.1 10.3 10.5
1987
+12.96 +8.17 15.9 -6.1 3.5 2.6 2.3 0.9 5.5 -6.8 -0.3 1.1 -5.9 1.4
1986
-40.08 -40.73 -15.6 -22.7 -20.5 -9.3 14.2 -16.9 -19.8 41.4 5.6 -2.6 5.5 9.1
1985
-1.52 -5.13 0.0 5.2 -0.6 -0.7 -4.4 -1.0 1.8 1.6 1.3 3.1 4.1 -10.9
1984
-6.04 -9.61 2.6 1.1 0.9 0.1 -1.0 -2.5 -4.0 1.3 0.1 -1.0 -1.1 -2.5
1983
-9.25 -12.56 -1.0 -7.4 -3.4 5.0 0.7 1.7 2.2 1.6 -2.7 -2.2 -2.5 -1.1
1982
-14.92 -18.06 -3.6 -13.1 -5.7 7.1 9.0 1.1 -3.8 -2.6 4.7 1.8 -2.5 -6.0

ETF Returns, up to December 2010, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

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