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BNO United States Brent Oil

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Fund BNO United States Brent Oil UBN UBS ETRACS CMCI Energy Total Return ETN DCNG iPath® Seasonal Natural Gas ETN  
Similarity
?
100% 98% 98%
Annual Fees
?
$90.39
(0.90% Exp. Ratio)
$65.28
(0.65% Exp. Ratio)
$75.32
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.43% annual return
$8,672.66 $9,353.60 $9,075.24
Est. savings over 30 yrs +$680.94 +$402.58
Return
As of 11/30/16
1 YR RETURN -2.17%
3 YR -30.52%
5 YR -17.65%
10 YR --
1 YR RETURN 0.17%
3 YR -23.64%
5 YR -14.96%
10 YR --
1 YR RETURN 25.00%
3 YR -10.93%
5 YR -11.31%
10 YR --
Description
The investment objective of BNO is for the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to reflect the daily changes in percentage terms of the spot price of Brent crude oil. The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire.
The investment seeks to track the price and performance yield, before fees and expenses, of the UBS Bloomberg CMCI Energy Total Return index. The fund is designed to be representative of the entire liquid forward curve of each commodity in the index. The index measures the collateralized returns from a diversified basket of energy future contracts and is designed to be representative of the entire liquid forward curve of each commodity in the index. It is comprised of the seven futures contracts included in the CMCI with five different target maturities for each individual commodity.
The iPath® Pure Beta Seasonal Natural Gas ETN is designed to provide investors with exposure to the Barclays Natural Gas Seasonal Total Return Index. The Barclays Natural Gas Seasonal Total Return Index (the "Index") reflects the returns that are potentially available by maintaining an unleveraged investment in a rolling position in Henry Hub Natural Gas futures contracts plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The Index is comprised of a single Natural Gas futures contract, except during the roll period when the Index may be comprised of two futures contracts.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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