BNO vs GLD

ABNO

BGLD

Measures won2–3GLD wins · of 6 · 5Y

$10,000 · 5Y$28,040BNO · GLDM $22,478

Lowest cost0.10%GLDM · $10 on $10k

Most income0.00%BNO · $0 on $10k

Smallest drop−28.0%GLDM · worst fall in 1Y

Held in common[…]BNO and GLD

BNO

GLD

United States Brent Oil Fund LP · $739MSPDR Gold Shares · $135B

+27.5%3 years · per year$20,705 · $20,397+26.8%

+22.9%5 years · per year$28,040 · $22,340+17.4%

1.15%Expense ratio$115 · $40 on $10k · lower wins0.40%

0.00%12-mo yield$0 · $0 on $10k0.00%

−34.5%Worst dropSmaller wins−28.3%

49.0%VolatilityLower wins29.0%

2–3GLD wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsBNO · GLD

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	ABNO	United States Brent Oil Fund LPRead Desk	1.15%	0.00%	+3.5%	+120.8%	+112.8%	+27.5%	+22.9%	−34.5%	$739M
2	GLDM	SPDR Gold MiniShares TrustRead Desk	0.10%	0.00%	+3.7%	−5.8%	+1.3%	+26.6%	+17.6%	−28.0%	$30.5B
3	BGLD	SPDR Gold SharesRead Desk	0.40%	0.00%	+0.8%	−5.3%	+3.6%	+26.8%	+17.4%	−28.3%	$135.0B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	ABNO	United States Brent Oil Fund LPRead Desk	1.15%	0.00%	+3.5%	+120.8%	+112.8%	+27.5%	+22.9%	−34.5%	$739M
2	GLDM	SPDR Gold MiniShares TrustRead Desk	0.10%	0.00%	+3.7%	−5.8%	+1.3%	+26.6%	+17.6%	−28.0%	$30.5B
3	BGLD	SPDR Gold SharesRead Desk	0.40%	0.00%	+0.8%	−5.3%	+3.6%	+26.8%	+17.4%	−28.3%	$135.0B

End-of-day Nov 5, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

BNO vs GLD

BNO

United States Brent Oil Fund LP

$28,040

GLD

SPDR Gold Shares

$22,340

MeasureBNOGLD

Fee1.15%0.40%

Cost on $10k a year$115$40

Yield0.00%0.00%

5 years, per year+22.9%+17.4%

3 years, per year+27.5%+26.8%

Worst drop · 1Y−34.5%−28.3%

Volatility · 1Y49.0%29.0%

3–2measures won
GLD first

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.6BAssets$46.8B

2–0JEPQ wins

End-of-day Nov 5, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 5, 2026

Overlap: BNO, GLD, GLDM

Today

[…]holdings […]

BNOGLDGLDM

BNO—[…][…]

GLD[…]—[…]

GLDM[…][…]—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

−$10most kept, GLDM

GLDM$0 − $10 = −$10

GLD$0 − $40 = −$40

BNO$0 − $115 = −$115

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee