United States Brent Oil Fund LP (BNO) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BNO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BNO
BNO charges 1.00% annually. There are 11 ETFs in the Oil & Gas category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | 200.43M | Sep 2016 | BNO vs OILK | |
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | BNO vs UGA | |
| Invesco DB Energy Fund | 0.78% | 85.45M | Jan 2007 | BNO vs DBE | |
| Invesco DB Oil Fund | 0.78% | 215.47M | Jan 2007 | BNO vs DBO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 250.20M | Apr 2017 | BNO vs USOI |
Best Risk-Adjusted Alternatives to BNO
BNO has a PortfoliosLab risk / return rank of 44. There are 4 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 82.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 82 | 118.98M | Feb 2008 | BNO vs UGA | |
| Invesco DB Energy Fund | 57 | 85.45M | Jan 2007 | BNO vs DBE | |
| Invesco DB Oil Fund | 47 | 215.47M | Jan 2007 | BNO vs DBO | |
| United States Oil Fund LP | 46 | 1.92B | Apr 2006 | BNO vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | 41 | 200.43M | Sep 2016 | BNO vs OILK |
Top Performing BNO Alternatives (YTD)
BNO is at 66.98% YTD. There are 4 ETFs in the Oil & Gas category with higher YTD returns, going as high as 103.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 103.57% | 361.56M | Nov 2008 | BNO vs UCO | |
| United States Gasoline Fund LP | 85.58% | 118.98M | Feb 2008 | BNO vs UGA | |
| United States Oil Fund LP | 73.76% | 1.92B | Apr 2006 | BNO vs USO | |
| Invesco DB Energy Fund | 69.05% | 85.45M | Jan 2007 | BNO vs DBE | |
| Invesco DB Oil Fund | 63.77% | 215.47M | Jan 2007 | BNO vs DBO |
Lowest Volatility Alternatives to BNO
BNO has 42.76% 1-year volatility. There are 7 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 24.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 24.97% | 250.20M | Apr 2017 | BNO vs USOI | |
| United States 12 Month Oil Fund LP | 29.21% | 39.62M | Dec 2007 | BNO vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | 29.35% | 200.43M | Sep 2016 | BNO vs OILK | |
| United States 12 Month Natural Gas Fund LP | 35.12% | 10.81M | Nov 2009 | BNO vs UNL | |
| United States Gasoline Fund LP | 35.77% | 118.98M | Feb 2008 | BNO vs UGA |
Lowest Drawdown Alternatives to BNO
BNO has a 1-year max drawdown of -34.46%. There are 8 ETFs in the Oil & Gas category with shallower 1-year drawdowns, going as shallow as -20.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | -20.32% | 118.98M | Feb 2008 | BNO vs UGA | |
| United States 12 Month Oil Fund LP | -20.91% | 39.62M | Dec 2007 | BNO vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -21.19% | 200.43M | Sep 2016 | BNO vs OILK | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -23.54% | 250.20M | Apr 2017 | BNO vs USOI | |
| Invesco DB Energy Fund | -24.72% | 85.45M | Jan 2007 | BNO vs DBE |
Other ETFs from USCF Investments
The 2 most viewed USCF Investments ETFs shown here include UNG, SDCI and span 2 categories. AUM among these funds goes as high as $591M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| United States Natural Gas Fund LP | Oil & Gas | 4 | -14.19% | 590.73M | Apr 2007 | BNO vs UNG | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | Commodities | 74 | 28.73% | 371.26M | May 2018 | BNO vs SDCI |
Often Compared With BNO
Investors most often compare BNO with XLE, BOIL, XOM. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare BNO with Any Fund or Stock
Compare BNO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BNO with funds that move differently
United States Brent Oil Fund LP alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BNO.
Explore BNO Diversifiers