ETJ vs BNO

Comparison between Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF) and United States Brent Crude Oil Fund (BNO, ETF).

5-Year PerformanceBNO has outperformed ETJ, delivering a return of +22.5% compared to +3.5%

ETJ vs BNO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETJ(ETF)	BNO(ETF)
Net Assets	$619M	$615M
Expense Ratio	N/A	1.15%
Max Drawdown	67.20%	87.06%
Sharpe Ratio	0.01	1.33
5Y Beta	0.66	-0.10
5Y Dividends CAGR	-1.48%	N/A

Net Assets

Winner

ETJ

$619M

BNO

$615M

Expense Ratio

ETJ

N/A

BNO

1.15%

Max Drawdown

Winner

ETJ

67.20%

BNO

87.06%

Sharpe Ratio

ETJ

0.01

Winner

BNO

1.33

5Y Beta

ETJ

0.66

Winner

BNO

-0.10

5Y Dividends CAGR

ETJ

-1.48%

BNO

N/A

ETJ vs BNO - Historical Returns

Returns include dividend reinvestment.

Period	ETJ	BNO
1 month	+1.97%	+6.14%
3 months	+2.58%	+1.11%
6 months	+1.15%	+48.55%
1 year	+3.36%	+71.23%
5 years(CAGR)	+3.49%	+22.54%
10 years(CAGR)	+8.38%	+13.44%
Max(CAGR)	+5.48%	+4.43%

ETJ

+1.97%

Winner

BNO

+6.14%

Winner

ETJ

+2.58%

BNO

+1.11%

ETJ

+1.15%

Winner

BNO

+48.55%

ETJ

+3.36%

Winner

BNO

+71.23%

5Y(CAGR)

ETJ

+3.49%

Winner

BNO

+22.54%

10Y(CAGR)

ETJ

+8.38%

Winner

BNO

+13.44%

Max(CAGR)

Winner

ETJ

+5.48%

BNO

+4.43%

ETJ vs BNO - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	ETJ	BNO
2026	+2.20%	+83.04%
2025	+4.37%	-7.57%
2024	+30.50%	+10.93%
2023	+14.46%	+0.66%
2022	-23.01%	+33.65%
2021	+15.18%	+65.43%
2020	+22.42%	-38.58%
2019	+26.64%	+34.00%
2018	-8.47%	-15.30%
2017	+18.00%	+17.61%
2016	+0.02%	+27.90%
2015	+4.14%	-44.41%
2014	+4.34%	-46.69%
2013	+17.40%	+7.52%
2012	+9.78%	+5.34%
2011	-13.13%	+17.93%
2010	-11.37%	+22.02%
2009	+3.45%	N/A
2008	+6.37%	N/A
2007	-4.18%	N/A

ETJ vs BNO Drawdown Comparison

The maximum drawdown for ETJ was -32.81%, occurring on Mar 18, 2020. Recovery took 73 trading sessions.

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

The current ETJ drawdown is -0.06%. The current BNO drawdown is -14.00%.

Rank	ETJ	BNO
#1	-32.81% Feb 19, 2020 - Jun 3, 2020	-87.06% Jun 19, 2014 - Mar 12, 2026
#2	-31.32% Apr 22, 2010 - Jan 14, 2014	-34.46% May 4, 2026 - Jul 1, 2026
#3	-30.40% Jul 31, 2008 - Jul 21, 2009	-28.37% Mar 1, 2012 - Feb 13, 2013
#4	-28.53% Nov 12, 2021 - Aug 16, 2024	-19.87% Apr 8, 2011 - Feb 21, 2012
#5	-19.65% Oct 1, 2018 - Apr 17, 2019	-16.83% Apr 6, 2026 - Apr 28, 2026
#6	-15.45% Dec 26, 2024 - Jun 30, 2025	-16.52% Feb 14, 2013 - Aug 28, 2013
#7	-15.30% Jul 27, 2007 - Apr 24, 2008	-12.43% Aug 4, 2010 - Oct 1, 2010
#8	-12.54% Jun 18, 2015 - Jul 8, 2016	-9.52% Mar 20, 2026 - Mar 30, 2026
#9	-10.41% Feb 2, 2026 - Aug 7, 2026	-8.93% Jun 17, 2010 - Aug 2, 2010
#10	-9.84% Aug 22, 2016 - Jan 25, 2017	-8.65% Aug 28, 2013 - Jun 12, 2014
#11	-8.46% Jan 12, 2018 - Jun 4, 2018	-6.80% Nov 10, 2010 - Dec 2, 2010
#12	-8.25% Nov 28, 2014 - Jun 18, 2015	-6.78% Mar 30, 2026 - Apr 2, 2026
#13	-8.19% Sep 18, 2014 - Nov 28, 2014	-6.44% Mar 2, 2011 - Mar 31, 2011
#14	-7.97% Sep 1, 2020 - Nov 13, 2020	-5.03% Oct 6, 2010 - Nov 4, 2010
#15	-6.75% Sep 18, 2009 - Jan 8, 2010	-4.41% Jun 3, 2010 - Jun 10, 2010