HMOP vs BNO

Comparison between HARTFORD MUNICIPAL OPPORTUNITIES ETF (HMOP, ETF) and United States Brent Crude Oil Fund (BNO, ETF).

5-Year PerformanceBNO has outperformed HMOP, delivering a return of +20.9% compared to +1.3%

HMOP vs BNO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HMOP(ETF)	BNO(ETF)
Net Assets	$765M	$763M
Expense Ratio	0.29%	1.15%
Max Drawdown	16.09%	87.06%
Sharpe Ratio	0.88	1.25
5Y Beta	0.03	0.01
5Y Dividends CAGR	-7.54%	N/A

Net Assets

Winner

HMOP

$765M

BNO

$763M

Expense Ratio

Winner

HMOP

0.29%

BNO

1.15%

Max Drawdown

Winner

HMOP

16.09%

BNO

87.06%

Sharpe Ratio

HMOP

0.88

Winner

BNO

1.25

5Y Beta

HMOP

0.03

Winner

BNO

0.01

5Y Dividends CAGR

HMOP

-7.54%

BNO

N/A

HMOP vs BNO - Historical Returns

Returns include dividend reinvestment.

Period	HMOP	BNO
1 month	+0.45%	-15.94%
3 months	+0.55%	-0.89%
6 months	+1.67%	+69.27%
1 year	+5.98%	+60.25%
5 years(CAGR)	+1.28%	+20.88%
10 years(CAGR)	+2.69%	+12.21%
Max(CAGR)	+2.69%	+3.98%

Winner

HMOP

+0.45%

BNO

-15.94%

Winner

HMOP

+0.55%

BNO

-0.89%

HMOP

+1.67%

Winner

BNO

+69.27%

HMOP

+5.98%

Winner

BNO

+60.25%

5Y(CAGR)

HMOP

+1.28%

Winner

BNO

+20.88%

10Y(CAGR)

HMOP

+2.69%

Winner

BNO

+12.21%

Max(CAGR)

HMOP

+2.69%

Winner

BNO

+3.98%

HMOP vs BNO - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HMOP	BNO
2026	+1.29%	+69.27%
2025	+4.78%	-7.57%
2024	+2.62%	+10.93%
2023	+6.62%	+0.66%
2022	-8.27%	+33.65%
2021	+1.96%	+65.43%
2020	+5.35%	-38.58%
2019	+7.75%	+34.00%
2018	+1.57%	-15.30%
2017	+0.05%	+17.61%
2016	N/A	+27.90%
2015	N/A	-44.41%
2014	N/A	-46.69%
2013	N/A	+7.52%
2012	N/A	+5.34%
2011	N/A	+17.93%
2010	N/A	+22.02%

HMOP vs BNO Drawdown Comparison

The maximum drawdown for HMOP was -13.12%, occurring on Oct 25, 2022. Recovery took 766 trading sessions.

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

The current HMOP drawdown is -0.97%. The current BNO drawdown is -20.47%.

Rank	HMOP	BNO
#1	-13.12% Jul 19, 2021 - Aug 5, 2024	-87.06% Jun 19, 2014 - Mar 12, 2026
#2	-11.23% Mar 9, 2020 - Jul 30, 2020	-28.37% Mar 1, 2012 - Feb 13, 2013
#3	-3.71% Feb 28, 2025 - Sep 5, 2025	-20.47% May 4, 2026 - Jun 12, 2026
#4	-2.70% Feb 27, 2026 - Mar 26, 2026	-19.87% Apr 8, 2011 - Feb 21, 2012
#5	-2.35% Dec 6, 2024 - Feb 26, 2025	-16.83% Apr 6, 2026 - Apr 28, 2026
#6	-2.02% Oct 3, 2024 - Dec 4, 2024	-16.52% Feb 14, 2013 - Aug 28, 2013
#7	-1.95% Feb 11, 2021 - May 28, 2021	-12.43% Aug 4, 2010 - Oct 1, 2010
#8	-1.76% Jan 25, 2018 - Dec 4, 2018	-9.52% Mar 20, 2026 - Mar 30, 2026
#9	-1.59% Aug 28, 2019 - Jan 3, 2020	-8.93% Jun 17, 2010 - Aug 2, 2010
#10	-0.88% Aug 7, 2020 - Nov 17, 2020	-8.65% Aug 28, 2013 - Jun 12, 2014
#11	-0.81% Aug 5, 2024 - Sep 5, 2024	-6.80% Nov 10, 2010 - Dec 2, 2010
#12	-0.79% Dec 18, 2017 - Jan 3, 2018	-6.78% Mar 30, 2026 - Apr 2, 2026
#13	-0.69% Jan 3, 2018 - Jan 25, 2018	-6.44% Mar 2, 2011 - Mar 31, 2011
#14	-0.47% Oct 27, 2025 - Nov 10, 2025	-5.03% Oct 6, 2010 - Nov 4, 2010
#15	-0.46% Sep 17, 2025 - Oct 13, 2025	-4.41% Jun 3, 2010 - Jun 10, 2010