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Bloomberg Commodity Index (^BCOM)
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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Bloomberg Commodity Index

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^BCOM vs. DBC ^BCOM vs. BHP
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Performance

Performance Chart


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S&P 500

Returns By Period

Bloomberg Commodity Index (^BCOM) returned 2.11% year-to-date (YTD) and -4.42% over the past 12 months. Over the past 10 years, ^BCOM returned -0.02% annually, underperforming the S&P 500 benchmark at 10.85%.


^BCOM

YTD

2.11%

1M

-1.50%

6M

2.47%

1Y

-4.42%

3Y*

-9.01%

5Y*

9.68%

10Y*

-0.02%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of ^BCOM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.58%0.45%3.55%-5.14%-0.08%2.11%
2024-0.09%-1.89%2.89%2.20%1.30%-1.94%-4.50%-0.38%4.43%-2.24%0.05%0.63%0.12%
2023-0.89%-5.05%-0.61%-1.13%-6.08%3.59%5.78%-1.22%-1.12%-0.21%-2.69%-3.10%-12.55%
20228.77%6.20%8.61%4.08%1.44%-10.88%4.08%-0.15%-8.35%1.67%2.38%-2.80%13.75%
20212.62%6.47%-2.15%8.29%2.73%1.85%1.83%-0.30%4.97%2.58%-7.31%3.52%27.05%
2020-7.48%-5.15%-12.85%-1.55%4.33%2.27%5.70%6.75%-3.36%1.40%3.50%4.97%-3.50%
20195.23%0.82%-0.37%-0.63%-3.56%2.51%-0.87%-2.48%1.01%1.87%-2.68%4.90%5.44%
20181.85%-1.85%-0.76%2.42%1.25%-3.64%-2.31%-1.94%1.75%-2.36%-0.76%-7.08%-12.99%
20170.09%0.17%-2.72%-1.57%-1.41%-0.27%2.17%0.31%-0.23%2.05%-0.56%2.88%0.75%
2016-1.70%-1.65%3.79%8.49%-0.21%4.11%-5.13%-1.79%3.10%-0.52%1.30%1.76%11.40%
2015-3.34%2.57%-5.14%5.73%-2.70%1.73%-10.62%-0.93%-3.42%-0.45%-7.26%-3.11%-24.70%
20140.29%6.23%0.41%2.43%-2.88%0.59%-4.99%-1.05%-6.23%-0.81%-4.07%-7.63%-17.04%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ^BCOM is 19, meaning it’s performing worse than 81% of other indices on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ^BCOM is 1919
Overall Rank
The Sharpe Ratio Rank of ^BCOM is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of ^BCOM is 1919
Sortino Ratio Rank
The Omega Ratio Rank of ^BCOM is 1919
Omega Ratio Rank
The Calmar Ratio Rank of ^BCOM is 2323
Calmar Ratio Rank
The Martin Ratio Rank of ^BCOM is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Bloomberg Commodity Index (^BCOM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Bloomberg Commodity Index Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: -0.34
  • 5-Year: 0.62
  • 10-Year: -0.00
  • All Time: 0.00

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Bloomberg Commodity Index compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Bloomberg Commodity Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Bloomberg Commodity Index was 75.00%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current Bloomberg Commodity Index drawdown is 57.62%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75%Jul 3, 20082952Mar 18, 2020
-42.22%May 19, 1997448Feb 26, 19991213Nov 13, 20031661
-18.59%Jan 17, 1991746Dec 6, 1993524Dec 19, 19951270
-16.88%May 12, 2006167Jan 9, 2007247Jan 2, 2008414
-11.91%Dec 14, 200561Mar 8, 200643May 9, 2006104
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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