BNOvsUNLETF Comparison
VS
United States Brent Oil ETF (BNO) and United States 12 Month Natural Gas Fund LP (UNL) belong to the same industry segment: Energy. BNO is less expensive with a Total Expense Ratio (TER) of 1.14%, versus 1.57% for UNL. BNO is up 154.4% year-to-date (YTD) with +$496M in YTD flows. UNL performs worse with -29.62% YTD performance, and +$812K in YTD flows. Run a side-by-side ETF comparison of BNO and UNL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
BNO vs UNL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BNO UNL | +19.81%-9.51% | +45.03%-14.04% | +154.40%-29.62% | +144.63%-34.11% | +135.42%-53.46% | +219.76%-61.80% |
| Flows | BNO UNL | +$150M- | +$39M+$587K | +$496M+$812K | +$504M+$10M | +$445M+$5M | +$273M+$16M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BNO UNL | +37.09%+18.00% | +49.91%+33.98% | +37.02%+33.74% | +38.04%+41.91% |
| Max drawdown | BNO UNL | -9.72%-14.56% | -34.30%-42.21% | -34.30%-56.00% | -34.30%-81.71% |
| Max drawdown duration | BNO UNL | 8d88d | 127d327d | 127d1090d | 127d1606d |
Trading data
BNO | UNL | |
Last sale 10/30/2026 at 1:30 PM | $71.39 | $5.16 |
| Previous close 10/29/2026 | $70.76 | $5.19 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of November 1, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
BNO | UNL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
BNO | UNL | |
|---|---|---|
| Last price | $71.39 | $5.16 |
| 1D performance | +0.89% | -0.58% |
| AuM | $946.39 M | $14.46 M |
| E/R | 1.14% | 1.57% |
Advertisement
Exposure
Countries
BNO
Data will be available soon
UNL
Data will be available soon
Sectors
BNO
Data will be available soon
UNL
Data will be available soon
Advertisement
Diversification
BNO
Data will be available soon
UNL
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
BNO
Data will be available soon
UNL
Data will be available soon
Frequently asked questions about BNO and UNL
How have the BNO and UNL ETFs performed in 2026?
As of October 30, 2026, BNO is up 154.4% year-to-date (YTD), while UNL has lost -29.62%. That puts BNO better performer ahead so far this year.
Which ETF is attracting more investor money: BNO or UNL?
Year-to-date, the BNO ETF saw +$496M in flows, compared to +$812K for UNL.
Which ETF is more volatile: BNO or UNL?
Over the past year, BNO had a volatility of 49.91%, while UNL experienced 33.98%.
Which ETF is bigger: BNO or UNL?
As of October 30, 2026, BNO holds $946.39 M in assets under management (AUM), while UNL manages $14.46 M.
Advertisement
Latest news about BNO & UNL
The Weekly ETF Market Monitor (September 7-11, 2026)
September 14, 2026
BNO
US Natural Gas Prices Dip Amidst Supply Glut
October 14, 2024
UNL
Crude and Natural Gas Markets on the Move
August 12, 2024
BNO
UNL
Advertisement
US Natural Gas ETFs Take a Hit
February 19, 2024
UNL
US Natural Gas ETFs Take a Hit
February 19, 2024
UNL
Natural Gas Prices Hit Multi-Year Low Amid Warm Winter and Supply Surplus
February 12, 2024
UNL
Natural Gas Drags Down Energy Sector
November 28, 2023
UNL
Advertisement
