COII vs. BNO
COII (REX COIN Growth & Income ETF) and BNO (United States Brent Oil Fund LP) are both exchange-traded funds - COII is a Derivative Income fund actively managed by REX Shares, while BNO is a Oil & Gas fund tracking the Crude Oil Brent ICE Near Term Futures. COII is actively managed, while BNO is passively managed. Over the past year, COII returned -68.31% vs 57.58% for BNO. At a correlation of -0.06, they often move in opposite directions. COII charges 0.99%/yr vs 1.00%/yr for BNO.
Performance
COII vs. BNO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COII achieves a -40.76% return, which is significantly lower than BNO's 68.04% return.
COII
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- -47.26%
- YTD
- -40.76%
- 1Y
- -68.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BNO
- 1D
- 0.63%
- 1M
- 3.34%
- 6M
- 58.32%
- YTD
- 68.04%
- 1Y
- 57.58%
- 3Y*
- 20.81%
- 5Y*
- 20.31%
- 10Y*
- 12.83%
COII vs. BNO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COII REX COIN Growth & Income ETF | -40.76% | -26.88% |
BNO United States Brent Oil Fund LP | 68.04% | 0.75% |
Correlation
The correlation between COII and BNO is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | -0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COII vs. BNO — Risk / Return Rank
COII
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BNO
COII vs. BNO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX COIN Growth & Income ETF (COII) and United States Brent Oil Fund LP (BNO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COII | BNO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.33 | ||
| Sortino ratioReturn per unit of downside risk | -3.56 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.25 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 1.68 | -2.58 |
| Martin ratioReturn relative to average drawdown | -1.33 | 4.90 | -6.23 |
Loading charts...
Drawdowns
COII vs. BNO - Drawdown Comparison
The maximum COII drawdown since its inception was -72.22%, smaller than the maximum BNO drawdown of -87.06%. Use the drawdown chart below to compare losses from any high point for COII and BNO.
Loading charts...
Drawdown Indicators
| COII | BNO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.22% | -87.06% | +14.84% |
Max Drawdown (1Y)Largest decline over 1 year | -72.22% | -34.46% | -37.76% |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.18% | — |
Current DrawdownCurrent decline from peak | -70.51% | -20.85% | -49.66% |
Average DrawdownAverage peak-to-trough decline | -41.08% | -40.06% | -1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.77% | 11.79% | +36.98% |
Volatility
COII vs. BNO - Volatility Comparison
The current volatility for REX COIN Growth & Income ETF (COII) is 14.58%, while United States Brent Oil Fund LP (BNO) has a volatility of 15.58%. This indicates that COII experiences smaller price fluctuations and is considered to be less risky than BNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| COII | BNO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.58% | 15.58% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 51.81% | 39.15% | +12.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.59% | 42.70% | +23.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.93% | 36.10% | +30.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.93% | 36.78% | +30.15% |
COII vs. BNO - Expense Ratio Comparison
COII has a 0.99% expense ratio, which is lower than BNO's 1.00% expense ratio.
Dividends
COII vs. BNO - Dividend Comparison
Neither COII nor BNO has paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BNO United States Brent Oil Fund LP | 0.00% | 0.00% |
COII REX COIN Growth & Income ETF | 75.93% | 41.52% |
Frequently Asked Questions
COII and BNO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNO has higher volatility (15.58%) compared to COII (14.58%). In terms of maximum drawdown, COII dropped -72.22% vs BNO's -87.06%.
On 1-year performance, BNO leads with 57.58% vs -68.31% for COII. On fees, COII is cheaper at 0.99% per year. On volatility, COII has been the lower-risk option at 14.58%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BNO has performed better with a 57.58% return vs -68.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COII is cheaper with a 0.99% expense ratio, compared with 1.00% for BNO.
COII has the higher dividend yield at 75.93%, compared with 0.00% for BNO.
COII is categorized as Derivative Income, while BNO is Oil & Gas. They also come from different issuers: REX Shares and USCF Investments. Their fees differ too: 0.99% for COII and 1.00% for BNO.
BNO currently has the higher Sharpe Ratio (1.36 vs -0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for COII and BNO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer