BRNT.L vs. CADUSD=X

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Brent Crude Oil (BRNT.L) and CAD/USD (CADUSD=X).

BRNT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Brent Crude Subindex. It was launched on Jan 9, 2012.

Performance

BRNT.L vs. CADUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Brent Crude Oil (BRNT.L) and CAD/USD (CADUSD=X). The values are adjusted to include any dividend payments, if applicable.

BRNT.L vs. CADUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRNT.L WisdomTree Brent Crude Oil	68.54%	-6.34%	7.45%	1.08%	35.10%	66.26%	-33.22%	32.15%	-13.92%	12.39%
CADUSD=X CAD/USD	-1.17%	4.79%	-7.90%	2.28%	-6.69%	0.74%	2.00%	4.99%	-7.77%	6.90%

Returns By Period

In the year-to-date period, BRNT.L achieves a 68.54% return, which is significantly higher than CADUSD=X's -1.17% return. Over the past 10 years, BRNT.L has outperformed CADUSD=X with an annualized return of 15.64%, while CADUSD=X has yielded a comparatively lower -0.64% annualized return.

BRNT.L

• 1D: -6.07%
• 1M: 30.64%
• YTD: 68.54%
• 6M: 61.53%
• 1Y: 51.92%
• 3Y*: 21.15%
• 5Y*: 25.11%
• 10Y*: 15.64%

CADUSD=X

• 1D: 0.11%
• 1M: -1.49%
• YTD: -1.17%
• 6M: 0.36%
• 1Y: 2.97%
• 3Y*: -0.95%
• 5Y*: -1.96%
• 10Y*: -0.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BRNT.L vs. CADUSD=X — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRNT.L

BRNT.L Risk / Return Rank: 70
BRNT.L Sharpe Ratio Rank: 73
BRNT.L Sortino Ratio Rank: 71
BRNT.L Omega Ratio Rank: 69
BRNT.L Calmar Ratio Rank: 86
BRNT.L Martin Ratio Rank: 50

CADUSD=X

CADUSD=X Risk / Return Rank: 48
CADUSD=X Sharpe Ratio Rank: 63
CADUSD=X Sortino Ratio Rank: 64
CADUSD=X Omega Ratio Rank: 62
CADUSD=X Calmar Ratio Rank: 26
CADUSD=X Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRNT.L vs. CADUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Brent Crude Oil (BRNT.L) and CAD/USD (CADUSD=X). 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.

	BRNT.L	CADUSD=X	Difference
Sharpe ratio Return per unit of total volatility	1.36	0.51	+0.85
Sortino ratio Return per unit of downside risk	1.88	0.83	+1.05
Omega ratio Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio Return relative to maximum drawdown	2.82	-0.40	+3.22
Martin ratio Return relative to average drawdown	5.24	-0.77	+6.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRNT.L vs. CADUSD=X - Sharpe Ratio Comparison

The current BRNT.L Sharpe Ratio is 1.36, which is higher than the CADUSD=X Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of BRNT.L and CADUSD=X, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BRNT.L	CADUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	0.51	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	-0.29	+1.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	-0.09	+0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	-0.04	+0.06

Correlation

The correlation between BRNT.L and CADUSD=X is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BRNT.L vs. CADUSD=X - Drawdown Comparison

The maximum BRNT.L drawdown since its inception was -85.97%, which is greater than CADUSD=X's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for BRNT.L and CADUSD=X.

Drawdown Indicators

	BRNT.L	CADUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-85.97%	-35.27%	-50.70%
Max Drawdown (1Y) Largest decline over 1 year	-18.66%	-3.87%	-14.79%
Max Drawdown (5Y) Largest decline over 5 years	-31.44%	-17.16%	-14.28%
Max Drawdown (10Y) Largest decline over 10 years	-71.94%	-17.16%	-54.78%
Current Drawdown Current decline from peak	-6.80%	-32.06%	+25.26%
Average Drawdown Average peak-to-trough decline	-49.21%	-20.96%	-28.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.04%	2.01%	+8.03%

Volatility

BRNT.L vs. CADUSD=X - Volatility Comparison

WisdomTree Brent Crude Oil (BRNT.L) has a higher volatility of 22.71% compared to CAD/USD (CADUSD=X) at 0.92%. This indicates that BRNT.L's price experiences larger fluctuations and is considered to be riskier than CADUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRNT.L	CADUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.71%	0.92%	+21.79%
Volatility (6M) Calculated over the trailing 6-month period	29.75%	3.16%	+26.59%
Volatility (1Y) Calculated over the trailing 1-year period	38.04%	4.70%	+33.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.31%	5.87%	+27.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.90%	6.33%	+28.57%