BNO vs SPY
Comparison between United States Brent Crude Oil Fund (BNO, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceBNO has outperformed SPY, delivering a return of +22.9% compared to +13.3%
BNO vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
BNO vs SPY - Historical Returns
Returns include dividend reinvestment.
BNO vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | BNO | SPY |
|---|---|---|
| 2026 | +81.24% | +8.26% |
| 2025 | -7.57% | +18.00% |
| 2024 | +10.93% | +25.59% |
| 2023 | +0.66% | +26.72% |
| 2022 | +33.65% | -18.64% |
| 2021 | +65.43% | +30.52% |
| 2020 | -38.58% | +17.28% |
| 2019 | +34.00% | +31.09% |
| 2018 | -15.30% | -5.24% |
| 2017 | +17.61% | +20.78% |
| 2016 | +27.90% | +13.59% |
| 2015 | -44.41% | +1.31% |
| 2014 | -46.69% | +14.56% |
| 2013 | +7.52% | +29.00% |
| 2012 | +5.34% | +14.17% |
| 2011 | +17.93% | +0.85% |
| 2010 | +22.02% | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
BNO vs SPY Drawdown Comparison
The maximum drawdown for BNO was -87.06%, occurring on Apr 28, 2020. Recovery took 2949 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current BNO drawdown is -14.85%. The current SPY drawdown is -2.90%.
| Rank | BNO | SPY |
|---|---|---|
| #1 | -87.06% Jun 19, 2014 - Mar 12, 2026 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -28.37% Mar 1, 2012 - Feb 13, 2013 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -19.87% Apr 8, 2011 - Feb 21, 2012 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -16.83% Apr 6, 2026 - Apr 28, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -16.52% Feb 14, 2013 - Aug 28, 2013 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -15.87% May 4, 2026 - May 29, 2026 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -12.43% Aug 4, 2010 - Oct 1, 2010 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -9.52% Mar 20, 2026 - Mar 30, 2026 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -8.93% Jun 17, 2010 - Aug 2, 2010 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -8.65% Aug 28, 2013 - Jun 12, 2014 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -6.80% Nov 10, 2010 - Dec 2, 2010 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -6.78% Mar 30, 2026 - Apr 2, 2026 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -6.44% Mar 2, 2011 - Mar 31, 2011 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -5.03% Oct 6, 2010 - Nov 4, 2010 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -4.41% Jun 3, 2010 - Jun 10, 2010 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between BNO and SPY is 0.03 which considered as a very weak or no correlation - the stocks move independently of each other.
Select Stocks to Compare
More Comparisons
Compare with similar stocks