HUMN vs. BNO

Last updated Jun 27, 2026

HUMN (Roundhill Humanoid Robotics ETF) and BNO (United States Brent Oil Fund LP) are both exchange-traded funds - HUMN is a Robotics fund actively managed by Roundhill, while BNO is a Oil & Gas fund tracking the Crude Oil Brent ICE Near Term Futures. HUMN is actively managed, while BNO is passively managed. Over the past year, HUMN returned 28.43% vs 37.53% for BNO. At a correlation of -0.16, they often move in opposite directions. HUMN charges 0.75%/yr vs 1.00%/yr for BNO.

Performance

HUMN vs. BNO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Humanoid Robotics ETF (HUMN) and United States Brent Oil Fund LP (BNO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUMN achieves a 7.60% return, which is significantly lower than BNO's 42.34% return.

HUMN

• 1D: -3.72%
• 1M: -15.58%
• YTD: 7.60%
• 6M: 9.53%
• 1Y: 28.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNO

• 1D: -3.75%
• 1M: -21.18%
• YTD: 42.34%
• 6M: 43.50%
• 1Y: 37.53%
• 3Y*: 18.02%
• 5Y*: 15.74%
• 10Y*: 10.59%

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

HUMN vs. BNO - Yearly Performance Comparison

	2026 (YTD)	2025
HUMN Roundhill Humanoid Robotics ETF	7.60%	20.70%
BNO United States Brent Oil Fund LP	42.34%	-2.98%

Correlation

The correlation between HUMN and BNO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	-0.16

Return for Risk

HUMN vs. BNO — Risk / Return Rank

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

HUMN

HUMN Risk / Return Rank: 28
HUMN Sharpe Ratio Rank: 26
HUMN Sortino Ratio Rank: 27
HUMN Omega Ratio Rank: 26
HUMN Calmar Ratio Rank: 30
HUMN Martin Ratio Rank: 31

BNO

BNO Risk / Return Rank: 27
BNO Sharpe Ratio Rank: 26
BNO Sortino Ratio Rank: 28
BNO Omega Ratio Rank: 28
BNO Calmar Ratio Rank: 25
BNO Martin Ratio Rank: 29

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.

HUMN vs. BNO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Humanoid Robotics ETF (HUMN) 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.

	HUMN	BNO	Difference
Sharpe ratio: Return per unit of total volatility	0.91	0.92	-0.01
Sortino ratio: Return per unit of downside risk	1.40	1.45	-0.05
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.01
Calmar ratio: Return relative to maximum drawdown	1.40	1.14	+0.26
Martin ratio: Return relative to average drawdown	4.20	3.81	+0.39

HUMN vs. BNO - Sharpe Ratio Comparison

The current HUMN Sharpe Ratio is 0.91, which is comparable to the BNO Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of HUMN and BNO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HUMN vs. BNO - Drawdown Comparison

The maximum HUMN drawdown since its inception was -20.40%, smaller than the maximum BNO drawdown of -87.06%. Use the drawdown chart below to compare losses from any high point for HUMN and BNO.

Drawdown Indicators

	HUMN	BNO	Difference
Max Drawdown Largest peak-to-trough decline	-20.40%	-87.06%	+66.66%
Max Drawdown (1Y) Largest decline over 1 year	-20.40%	-32.96%	+12.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.18%	—
Current Drawdown Current decline from peak	-17.45%	-32.96%	+15.51%
Average Drawdown Average peak-to-trough decline	-4.77%	-40.09%	+35.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	9.88%	-3.09%

Volatility

HUMN vs. BNO - Volatility Comparison

Roundhill Humanoid Robotics ETF (HUMN) has a higher volatility of 13.01% compared to United States Brent Oil Fund LP (BNO) at 11.86%. This indicates that HUMN's price experiences larger fluctuations and is considered to be riskier than BNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUMN	BNO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.01%	11.86%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	25.77%	37.82%	-12.05%
Volatility (1Y) Calculated over the trailing 1-year period	31.44%	41.19%	-9.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.44%	35.75%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.44%	36.72%	-5.28%

HUMN vs. BNO - Expense Ratio Comparison

HUMN has a 0.75% expense ratio, which is lower than BNO's 1.00% expense ratio.

Dividends

HUMN vs. BNO - Dividend Comparison

HUMN's dividend yield for the trailing twelve months is around 0.67%, while BNO has not paid dividends to shareholders.

Position	TTM	2025
BNO United States Brent Oil Fund LP	0.00%	0.00%
HUMN Roundhill Humanoid Robotics ETF	0.67%	0.72%

Frequently Asked Questions

Can I hold both HUMN and BNO in my portfolio?

HUMN and BNO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUMN or BNO?

HUMN has higher volatility (13.01%) compared to BNO (11.86%). In terms of maximum drawdown, HUMN dropped -20.40% vs BNO's -87.06%.

Which ETF is better, HUMN or BNO?

On 1-year performance, BNO leads with 37.53% vs 28.43% for HUMN. On fees, HUMN is cheaper at 0.75% per year. On volatility, BNO has been the lower-risk option at 11.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HUMN or BNO?

Over the 1-year period, BNO has performed better with a 37.53% return vs 28.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HUMN or BNO?

HUMN is cheaper with a 0.75% expense ratio, compared with 1.00% for BNO.

Which ETF pays a higher dividend yield, HUMN or BNO?

HUMN has the higher dividend yield at 0.67%, compared with 0.00% for BNO.

What is the main difference between HUMN and BNO?

HUMN is categorized as Robotics, while BNO is Oil & Gas. They also come from different issuers: Roundhill and USCF Investments. Their fees differ too: 0.75% for HUMN and 1.00% for BNO.

Which has better risk-adjusted returns?

BNO currently has the higher Sharpe Ratio (0.92 vs 0.91), 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.