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BNO vs. XOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BNOXOM
YTD Return16.84%17.34%
1Y Return23.49%10.50%
3Y Return (Ann)24.88%31.94%
5Y Return (Ann)10.69%13.18%
10Y Return (Ann)-2.95%6.26%
Sharpe Ratio0.790.55
Daily Std Dev28.33%22.38%
Max Drawdown-87.06%-62.40%
Current Drawdown-31.30%-1.50%

Correlation

0.51
-1.001.00

The correlation between BNO and XOM is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BNO vs. XOM - Performance Comparison

The year-to-date returns for both investments are quite close, with BNO having a 16.84% return and XOM slightly higher at 17.34%. Over the past 10 years, BNO has underperformed XOM with an annualized return of -2.95%, while XOM has yielded a comparatively higher 6.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%OctoberNovemberDecember2024FebruaryMarch
24.70%
224.47%
BNO
XOM

Compare stocks, funds, or ETFs


United States Brent Oil Fund LP

Exxon Mobil Corporation

Risk-Adjusted Performance

BNO vs. XOM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Brent Oil Fund LP (BNO) and Exxon Mobil Corporation (XOM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BNO
United States Brent Oil Fund LP
0.79
XOM
Exxon Mobil Corporation
0.55

BNO vs. XOM - Sharpe Ratio Comparison

The current BNO Sharpe Ratio is 0.79, which is higher than the XOM Sharpe Ratio of 0.55. The chart below compares the 12-month rolling Sharpe Ratio of BNO and XOM.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
0.79
0.55
BNO
XOM

Dividends

BNO vs. XOM - Dividend Comparison

BNO has not paid dividends to shareholders, while XOM's dividend yield for the trailing twelve months is around 3.20%.


TTM20232022202120202019201820172016201520142013
BNO
United States Brent Oil Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XOM
Exxon Mobil Corporation
3.20%3.68%3.22%5.70%8.44%4.92%4.74%3.66%3.30%3.69%2.92%2.43%

Drawdowns

BNO vs. XOM - Drawdown Comparison

The maximum BNO drawdown since its inception was -87.06%, which is greater than XOM's maximum drawdown of -62.40%. The drawdown chart below compares losses from any high point along the way for BNO and XOM


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-31.30%
-1.50%
BNO
XOM

Volatility

BNO vs. XOM - Volatility Comparison

United States Brent Oil Fund LP (BNO) has a higher volatility of 4.88% compared to Exxon Mobil Corporation (XOM) at 3.60%. This indicates that BNO's price experiences larger fluctuations and is considered to be riskier than XOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
4.88%
3.60%
BNO
XOM