United States Brent Oil Fund LP ETV drawdown: 1.9% below the all-time high (price)
United States Brent Oil Fund LP ETV is 1.9% below its all-time high, set Oct 23, 2026 (as of market close, Oct 27, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −1.9%
- 98.1% of ATH
- All-time high
- $70.99
- Oct 23, 2026
- Time below the high
- 4 days
- since Oct 23, 2026
- Worst-ever drawdown
- −87.1%
- Apr 28, 2020
- Longest underwater
- 11.7 yrs
- between all-time highs
- Today's level first reached
- Oct 23, 2026
- 4 days ago
- Last time this deep
- Oct 7, 2026
- in a previous episode
% of all-time high since 2010: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jun 19, 2014 | Apr 28, 2020 | −87.1% | 5.9 yrs | Mar 12, 2026 | 11.7 yrs |
| May 4, 2026 | Jul 1, 2026 | −34.5% | 58 days | Sep 10, 2026 | 4 mo |
| Mar 1, 2012 | Jun 21, 2012 | −28.4% | 4 mo | Feb 13, 2013 | 11 mo |
| Apr 8, 2011 | Oct 3, 2011 | −19.9% | 6 mo | Feb 21, 2012 | 10 mo |
| Apr 6, 2026 | Apr 17, 2026 | −16.8% | 11 days | Apr 28, 2026 | 22 days |
| Feb 14, 2013 | Apr 17, 2013 | −16.5% | 2 mo | Aug 28, 2013 | 6 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2010: how far United States Brent Oil Fund LP ETV stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is United States Brent Oil Fund LP ETV from its all-time high?
- United States Brent Oil Fund LP ETV is currently 1.9% below its all-time high, set Oct 23, 2026 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest United States Brent Oil Fund LP ETV drawdown ever?
- The deepest decline on record in our data (since 2010) took United States Brent Oil Fund LP ETV 87.1% below its prior high, bottoming Apr 28, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from BNO; no free deep history exists for United States Brent Oil Fund LP ETV — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.