XML 42 R25.htm IDEA: XBRL DOCUMENT v3.25.0.1

FINANCIAL HIGHLIGHTS (Tables)

12 Months Ended

Dec. 31, 2024

FINANCIAL HIGHLIGHTS

Summary of per share performance data and other supplemental financial data

​

​	​	​	​	​	​	​	​	​	​	​
​		Year ended			Year ended			Year ended		​
​	​	December 31,		​	December 31,		​	December 31,		​
​	​	2024		​	2023		​	2022		​
Per Share Operating Performance:	​	​			​			​		​
Net asset value, beginning of year	​	$	27.39	​	$	28.26	​	$	20.87	​
Total income (loss)	​		3.09	​		(0.61)	​		7.68	​
Total expenses	​		(0.34)	​		(0.26)	​		(0.29)	​
Net increase (decrease) in net asset value	​		2.75	​		(0.87)	​		7.39	​
Net asset value, end of year	​	$	30.14	​	$	27.39	​	$	28.26	​
​	​		​	​		​	​		​	​
Total Return	​	​	10.04	%		(3.08)	%		35.41	%
​	​		​	​		​	​		​	​
Ratios to Average Net Assets	​		​	​		​	​		​	​
Total income (loss)	​		8.38	%		(1.24)	%		32.32	%
Management fees	​		0.75	%		0.75	%		0.75	%
Total expenses excluding management fees	​		0.39	%		0.19	%		0.25	%
Net income (loss)	​	​	7.23	%		(2.18)	%		31.32	%

​

X

- Definition

Schedule of per unit performance data and other financial data Table Text Block.

+ References

No definition available.

+ Details

Name:	bno_ScheduleOfPerUnitPerformanceDataAndOtherFinancialDataTableTextBlock
Namespace Prefix:	bno_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	bno_SupplementalFinancialInformationDisclosureAbstract
Namespace Prefix:	bno_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration