BNO vs EIM

Comparison between United States Brent Crude Oil Fund (BNO, ETF) and Eaton Vance Municipal Bond Fund (EIM, ETF).

5-Year PerformanceBNO has outperformed EIM, delivering a return of +22.2% compared to -1.5%

BNO vs EIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNO(ETF)	EIM(ETF)
Net Assets	$544M	$543M
Expense Ratio	1.15%	N/A
Max Drawdown	87.06%	56.59%
Sharpe Ratio	1.31	0.63
5Y Beta	-0.00	0.13
5Y Dividends CAGR	N/A	2.10%

Net Assets

Winner

BNO

$544M

EIM

$543M

Expense Ratio

BNO

1.15%

EIM

N/A

Max Drawdown

BNO

87.06%

Winner

EIM

56.59%

Sharpe Ratio

Winner

BNO

1.31

EIM

0.63

5Y Beta

Winner

BNO

-0.00

EIM

0.13

5Y Dividends CAGR

BNO

N/A

EIM

2.10%

BNO vs EIM - Historical Returns

Returns include dividend reinvestment.

Period	BNO	EIM
1 month	+17.25%	+0.82%
3 months	+0.98%	+0.43%
6 months	+66.26%	+2.92%
1 year	+66.75%	+9.97%
5 years(CAGR)	+22.16%	-1.49%
10 years(CAGR)	+13.92%	+1.43%
Max(CAGR)	+4.31%	+4.36%

Winner

BNO

+17.25%

EIM

+0.82%

Winner

BNO

+0.98%

EIM

+0.43%

Winner

BNO

+66.26%

EIM

+2.92%

Winner

BNO

+66.75%

EIM

+9.97%

5Y(CAGR)

Winner

BNO

+22.16%

EIM

-1.49%

10Y(CAGR)

Winner

BNO

+13.92%

EIM

+1.43%

Max(CAGR)

BNO

+4.31%

Winner

EIM

+4.36%

BNO vs EIM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	BNO	EIM
2026	+78.97%	+4.30%
2025	-7.57%	-0.67%
2024	+10.93%	+8.21%
2023	+0.66%	+3.26%
2022	+33.65%	-19.82%
2021	+65.43%	+4.58%
2020	-38.58%	+10.73%
2019	+34.00%	+17.96%
2018	-15.30%	-5.45%
2017	+17.61%	+6.28%
2016	+27.90%	+0.62%
2015	-44.41%	+7.23%
2014	-46.69%	+21.23%
2013	+7.52%	-15.89%
2012	+5.34%	+17.58%
2011	+17.93%	+20.30%
2010	+22.02%	-1.71%
2009	N/A	+42.16%
2008	N/A	-34.49%
2007	N/A	-4.87%
2006	N/A	+13.91%
2005	N/A	+23.19%
2004	N/A	+4.61%
2003	N/A	+9.41%
2002	N/A	-8.99%

BNO vs EIM Drawdown Comparison

The maximum drawdown for BNO was -87.06%, occurring on Apr 28, 2020. Recovery took 2949 trading sessions.

The maximum drawdown for EIM was -52.49%, occurring on Dec 15, 2008. Recovery took 597 trading sessions.

The current BNO drawdown is -15.92%. The current EIM drawdown is -9.34%.

Rank	BNO	EIM
#1	-87.06% Jun 19, 2014 - Mar 12, 2026	-52.49% Jan 14, 2008 - May 27, 2010
#2	-34.46% May 4, 2026 - Jul 1, 2026	-31.68% Sep 15, 2021 - Oct 25, 2023
#3	-28.37% Mar 1, 2012 - Feb 13, 2013	-26.00% Dec 6, 2012 - Jan 28, 2015
#4	-19.87% Apr 8, 2011 - Feb 21, 2012	-24.04% Feb 25, 2020 - Jul 21, 2020
#5	-16.83% Apr 6, 2026 - Apr 28, 2026	-23.12% Oct 4, 2010 - Dec 27, 2011
#6	-16.52% Feb 14, 2013 - Aug 28, 2013	-15.00% Jul 8, 2016 - May 13, 2019
#7	-12.43% Aug 4, 2010 - Oct 1, 2010	-14.38% Mar 18, 2004 - Oct 19, 2004
#8	-9.52% Mar 20, 2026 - Mar 30, 2026	-12.21% Sep 5, 2002 - May 13, 2003
#9	-8.93% Jun 17, 2010 - Aug 2, 2010	-11.75% May 3, 2007 - Jan 11, 2008
#10	-8.65% Aug 28, 2013 - Jun 12, 2014	-10.50% Jun 19, 2003 - Jan 12, 2004
#11	-6.80% Nov 10, 2010 - Dec 2, 2010	-8.57% Dec 29, 2005 - Aug 17, 2006
#12	-6.78% Mar 30, 2026 - Apr 2, 2026	-7.84% Jan 30, 2015 - Oct 20, 2015
#13	-6.44% Mar 2, 2011 - Mar 31, 2011	-7.62% Feb 14, 2005 - May 4, 2005
#14	-5.03% Oct 6, 2010 - Nov 4, 2010	-7.30% Mar 5, 2012 - May 9, 2012
#15	-4.41% Jun 3, 2010 - Jun 10, 2010	-4.71% Oct 19, 2004 - Jan 13, 2005

Correlation

Correlation between BNO and EIM is -0.44 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.44

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