VSLU vs BNO

Comparison between APPLIED FINANCE VALUATION LARGE CAP ETF (VSLU, ETF) and United States Brent Crude Oil Fund (BNO, ETF).

5-Year PerformanceBNO has outperformed VSLU, delivering a return of +22.9% compared to +12.5%

VSLU vs BNO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VSLU(ETF)	BNO(ETF)
Net Assets	$546M	$544M
Expense Ratio	0.49%	1.15%
Max Drawdown	23.86%	87.06%
Sharpe Ratio	1.02	1.45
5Y Beta	0.89	-0.01
P/E Ratio	25.14	N/A
Forward P/E	19.78	N/A
PEG Ratio	0.45	N/A
5Y EPS CAGR	26.47%	N/A
Debt to Equity	23.87%	N/A
P/S Ratio	2.99	N/A
P/B Ratio	6.53	N/A

Net Assets

Winner

VSLU

$546M

BNO

$544M

Expense Ratio

Winner

VSLU

0.49%

BNO

1.15%

Max Drawdown

Winner

VSLU

23.86%

BNO

87.06%

Sharpe Ratio

VSLU

1.02

Winner

BNO

1.45

5Y Beta

VSLU

0.89

Winner

BNO

-0.01

P/E Ratio

VSLU

25.14

BNO

N/A

Forward P/E

VSLU

19.78

BNO

N/A

PEG Ratio

VSLU

0.45

BNO

N/A

5Y EPS CAGR

VSLU

26.47%

BNO

N/A

Debt to Equity

VSLU

23.87%

BNO

N/A

P/S Ratio

VSLU

2.99

BNO

N/A

P/B Ratio

VSLU

6.53

BNO

N/A

VSLU vs BNO - Historical Returns

Returns include dividend reinvestment.

Period	VSLU	BNO
1 month	+2.34%	+25.65%
3 months	+3.47%	+1.42%
6 months	+5.56%	+74.16%
1 year	+16.24%	+76.87%
5 years(CAGR)	+12.54%	+22.88%
10 years(CAGR)	N/A	+14.65%
Max(CAGR)	+13.29%	+4.67%

VSLU

+2.34%

Winner

BNO

+25.65%

Winner

VSLU

+3.47%

BNO

+1.42%

VSLU

+5.56%

Winner

BNO

+74.16%

VSLU

+16.24%

Winner

BNO

+76.87%

5Y(CAGR)

VSLU

+12.54%

Winner

BNO

+22.88%

10Y(CAGR)

VSLU

N/A

BNO

+14.65%

Max(CAGR)

Winner

VSLU

+13.29%

BNO

+4.67%

VSLU vs BNO - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	VSLU	BNO
2026	+6.25%	+89.20%
2025	+21.62%	-7.57%
2024	+24.63%	+10.93%
2023	+26.90%	+0.66%
2022	-16.22%	+33.65%
2021	+14.04%	+65.43%
2020	N/A	-38.58%
2019	N/A	+34.00%
2018	N/A	-15.30%
2017	N/A	+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%

VSLU vs BNO Drawdown Comparison

The maximum drawdown for VSLU was -23.86%, occurring on Sep 30, 2022. Recovery took 396 trading sessions.

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

The current VSLU drawdown is -2.35%. The current BNO drawdown is -11.11%.

Rank	VSLU	BNO
#1	-23.86% Dec 29, 2021 - Jul 28, 2023	-87.06% Jun 19, 2014 - Mar 12, 2026
#2	-17.89% Feb 18, 2025 - Jun 10, 2025	-34.46% May 4, 2026 - Jul 1, 2026
#3	-9.18% Aug 1, 2023 - Nov 20, 2023	-28.37% Mar 1, 2012 - Feb 13, 2013
#4	-9.16% Feb 25, 2026 - Apr 15, 2026	-19.87% Apr 8, 2011 - Feb 21, 2012
#5	-7.15% Jul 16, 2024 - Aug 21, 2024	-16.83% Apr 6, 2026 - Apr 28, 2026
#6	-6.09% Aug 30, 2021 - Nov 3, 2021	-16.52% Feb 14, 2013 - Aug 28, 2013
#7	-5.39% Apr 1, 2024 - May 15, 2024	-12.43% Aug 4, 2010 - Oct 1, 2010
#8	-4.72% Nov 5, 2025 - Dec 11, 2025	-9.52% Mar 20, 2026 - Mar 30, 2026
#9	-4.12% Jun 1, 2026 - Jul 15, 2026	-8.93% Jun 17, 2010 - Aug 2, 2010
#10	-4.08% Nov 16, 2021 - Dec 8, 2021	-8.65% Aug 28, 2013 - Jun 12, 2014
#11	-4.07% Aug 30, 2024 - Sep 19, 2024	-6.80% Nov 10, 2010 - Dec 2, 2010
#12	-3.94% May 7, 2021 - Jun 10, 2021	-6.78% Mar 30, 2026 - Apr 2, 2026
#13	-3.71% Dec 16, 2024 - Jan 23, 2025	-6.44% Mar 2, 2011 - Mar 31, 2011
#14	-3.29% Dec 24, 2025 - Feb 25, 2026	-5.03% Oct 6, 2010 - Nov 4, 2010
#15	-2.69% Oct 14, 2024 - Nov 6, 2024	-4.41% Jun 3, 2010 - Jun 10, 2010