BNOUnited States Brent Oil Fund, LP

Beat inflation16y track recordRanked #69 of 111 in this goal

Seeks to reflect daily changes in the spot price of Brent crude oil.

By USCF Investments · Launched 2010

Annual Cost

1.15%

#5,629 of 6,040 · expensive

Fund Size

$621M

#1,494 of 6,040 · large

Return (1Y)

+97.5%

Track Record

16 years

#784 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$22,496+125.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Commodity

Holdings

By weight

Concentration

Top 1 holdings = 50.5% of fundmoderately concentrated

Brent Crude Future Nov 26BRNF6

50.5%

Asset allocation

Other

50.5%

Cash

24.7%

Preferred

20.0%

Bonds

4.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

46.9%High

Year-on-year price swings

Max drawdown

-75.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.68Decent risk-adjusted returns

Sortino (3Y)

1.01Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to reflect daily changes in the spot price of Brent crude oil.
Strategy: Invests primarily in futures contracts for crude oil and other petroleum-based fuels to track the daily changes in the price of the Benchmark Futures Contract. Aims to provide exposure to Brent crude oil prices for diversification or hedging purposes.
Inception date: June 2, 2010
Fund family: USCF Investments