BNO vs IVV
United States Brent Oil Fund, LP vs iShares Core S&P 500 ETF
Which is better, BNO or IVV?
Energy against Large Cap Blend.
IVV has a lower expense ratio. BNO led over 1Y, 3Y and 5Y, IVV over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BNO | IVV |
|---|---|---|
| Expense Ratio | 1.15% | 0.03%Best |
| AUM | $650M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 5 | 508 |
| YTD Return | +114.41%Best | +12.39% |
| 1Y Return | +99.24%Best | +16.61% |
| 3Y Return (annualized) | +23.14%Best | +21.38% |
| 5Y Return (annualized) | +25.58%Best | +13.51% |
| Volatility (annualized) | 35.3% | 14.3%Best |
| Max Drawdown | -93.3% | -33.9%Best |
| $10,000 over 5 years | $31,232Best | $18,844 |
| Fund Family | USCF Investments | iShares by BlackRock (US) |
| Category | Commodity | Equity |
| Style | Energy | Large Cap Blend |
| Inception | Jun 2, 2010 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 2, 2010 to Sep 18, 2026 (16.3 years).
BNO vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.3 years both funds cover.
BNO vs IVV Performance
United States Brent Oil Fund, LP (BNO) is an ETF from USCF Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BNO returned +99.24% while IVV returned +16.61%. Year to date, BNO is up 114.41% versus a gain of 12.39% for IVV.
Over three years, BNO compounded at +23.14% per year against +21.38% for IVV; over five years the annualized figures are +25.58% and +13.51% respectively. Across the full 16-year window we track, IVV has the edge at +13.15% annualized vs +5.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BNO has been the more volatile fund, with annualized monthly volatility of 35.3% compared with 14.3% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -93.3% for BNO and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BNO charges 1.15% per year while IVV charges 0.03%. On a $10,000 position that is $115 vs $3 annually, a gap of $112 per year that compounds over a long holding period. On income, BNO currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in BNO and 490 in IVV, totalling 19.8% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in BNO and 490 in IVV, against full books of 5 and 508.
You are not choosing between two funds in isolation.
Whichever of BNO and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BNO or IVV?
BNO has an expense ratio of 1.15% while IVV charges 0.03%. IVV is the cheaper option, by $112 a year on a $10,000 investment.
Which performed better, BNO or IVV?
Over the past year BNO returned +99.24% vs +16.61% for IVV, so BNO leads on 1-year performance. Over the longest common window we track (16 years), BNO annualized +5.43% vs +13.15% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNO or IVV?
BNO has been the more volatile fund at 35.3% annualized versus 14.3% for IVV. Worst drawdown: BNO -93.3% vs IVV -33.9%.
Should I hold both BNO and IVV?
BNO and IVV have a monthly-return correlation of 0.32, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BNO or IVV?
BNO yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than BNO?
IVV has a lower expense ratio. BNO led over 1Y, 3Y and 5Y, IVV over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.