BNO vs PAUG

Comparison between United States Brent Crude Oil Fund (BNO, ETF) and Innovator U.S. Equity Power Buffer ETF - August (PAUG, ETF).

5-Year PerformanceBNO has outperformed PAUG, delivering a return of +22.9% compared to +9.1%

BNO vs PAUG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNO(ETF)	PAUG(ETF)
Net Assets	$879M	$885M
Expense Ratio	1.15%	0.79%
Max Drawdown	87.06%	17.88%
Sharpe Ratio	1.59	1.84
5Y Beta	0.03	0.49

Net Assets

BNO

$879M

Winner

PAUG

$885M

Expense Ratio

BNO

1.15%

Winner

PAUG

0.79%

Max Drawdown

BNO

87.06%

Winner

PAUG

17.88%

Sharpe Ratio

BNO

1.59

Winner

PAUG

1.84

5Y Beta

Winner

BNO

0.03

PAUG

0.49

BNO vs PAUG - Historical Returns

Returns include dividend reinvestment.

Period	BNO	PAUG
1 month	-12.00%	+1.00%
3 months	+27.24%	+4.07%
6 months	+73.97%	+5.04%
1 year	+82.92%	+14.91%
5 years(CAGR)	+22.86%	+9.09%
10 years(CAGR)	+12.85%	N/A
Max(CAGR)	+4.43%	+9.24%

BNO

-12.00%

Winner

PAUG

+1.00%

Winner

BNO

+27.24%

PAUG

+4.07%

Winner

BNO

+73.97%

PAUG

+5.04%

Winner

BNO

+82.92%

PAUG

+14.91%

5Y(CAGR)

Winner

BNO

+22.86%

PAUG

+9.09%

10Y(CAGR)

BNO

+12.85%

PAUG

N/A

Max(CAGR)

BNO

+4.43%

Winner

PAUG

+9.24%

BNO vs PAUG - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BNO	PAUG
2026	+81.24%	+4.45%
2025	-7.57%	+12.48%
2024	+10.93%	+15.89%
2023	+0.66%	+17.96%
2022	+33.65%	-6.96%
2021	+65.43%	+8.00%
2020	-38.58%	+9.32%
2019	+34.00%	+4.30%
2018	-15.30%	N/A
2017	+17.61%	N/A
2016	+27.90%	N/A
2015	-44.41%	N/A
2014	-46.69%	N/A
2013	+7.52%	N/A
2012	+5.34%	N/A
2011	+17.93%	N/A
2010	+22.02%	N/A

BNO vs PAUG Drawdown Comparison

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

The maximum drawdown for PAUG was -17.88%, occurring on Mar 16, 2020. Recovery took 101 trading sessions.

The current BNO drawdown is -14.85%. The current PAUG drawdown is -0.42%.

Rank	BNO	PAUG
#1	-87.06% Jun 19, 2014 - Mar 12, 2026	-17.88% Feb 20, 2020 - Jul 15, 2020
#2	-28.37% Mar 1, 2012 - Feb 13, 2013	-11.76% Jan 4, 2022 - Jun 12, 2023
#3	-19.87% Apr 8, 2011 - Feb 21, 2012	-10.45% Feb 19, 2025 - Jun 3, 2025
#4	-16.83% Apr 6, 2026 - Apr 28, 2026	-5.71% Jul 31, 2023 - Nov 20, 2023
#5	-16.52% Feb 14, 2013 - Aug 28, 2013	-3.96% Feb 25, 2026 - Apr 9, 2026
#6	-15.87% May 4, 2026 - May 29, 2026	-3.41% Jul 30, 2024 - Aug 15, 2024
#7	-12.43% Aug 4, 2010 - Oct 1, 2010	-3.32% Oct 12, 2020 - Nov 5, 2020
#8	-9.52% Mar 20, 2026 - Mar 30, 2026	-3.20% Aug 28, 2020 - Oct 12, 2020
#9	-8.93% Jun 17, 2010 - Aug 2, 2010	-2.77% Mar 28, 2024 - May 6, 2024
#10	-8.65% Aug 28, 2013 - Jun 12, 2014	-2.14% Aug 30, 2024 - Sep 16, 2024
#11	-6.80% Nov 10, 2010 - Dec 2, 2010	-2.05% Oct 27, 2025 - Nov 28, 2025
#12	-6.78% Mar 30, 2026 - Apr 2, 2026	-2.03% Jun 15, 2023 - Jun 30, 2023
#13	-6.44% Mar 2, 2011 - Mar 31, 2011	-2.03% Aug 1, 2019 - Sep 5, 2019
#14	-5.03% Oct 6, 2010 - Nov 4, 2010	-2.02% Sep 20, 2019 - Oct 16, 2019
#15	-4.41% Jun 3, 2010 - Jun 10, 2010	-1.88% Sep 3, 2021 - Oct 19, 2021