- ISIN
- US0032611040
- CUSIP
- 003261104
- Issuer
- Aberdeen
- Inception Date
- Mar 30, 2017
- Region
- Global (Broad)
- Category
- Commodities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg Commodity Index Total Return
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Commodity
- Assets Under Management
- $2B
Share Price Chart
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Performance
BCI Performance Chart
abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is up 13.4% since the beginning of the year. BCI is currently trading at $22 per share. Investors who bought $1,000 worth of BCI shares 5 years ago would now be looking at an investment worth $1,513.
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Returns By Period
abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) has returned 13.36% so far this year and 23.39% over the past 12 months.
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
- 1D
- -0.67%
- 1M
- -9.41%
- YTD
- 13.36%
- 6M
- 12.56%
- 1Y
- 23.39%
- 3Y*
- 11.15%
- 5Y*
- 8.64%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.18%
- 1M
- -1.84%
- YTD
- 8.69%
- 6M
- 7.74%
- 1Y
- 20.53%
- 3Y*
- 18.69%
- 5Y*
- 11.60%
- 10Y*
- 13.47%
BCI Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2017, BCI's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, an investment would double in approximately 10.0 years.
Historically, 54% of months were positive and 46% were negative. The best month was Mar 2026 with a return of +11.4%, while the worst month was Mar 2020 at -12.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BCI closed higher 52% of trading days. The best single day was Mar 25, 2020 with a return of +5.1%, while the worst single day was Mar 9, 2022 at -8.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.21% | 0.41% | 11.37% | 4.20% | -3.44% | -9.41% | 13.36% | ||||||
| 2025 | 3.85% | 0.78% | 3.82% | -5.17% | -0.25% | 2.32% | -0.63% | 1.99% | 2.33% | 2.74% | 3.07% | -0.36% | 15.07% |
| 2024 | 0.36% | -1.44% | 3.24% | 2.43% | 2.17% | -1.74% | -3.69% | -0.20% | 4.61% | -1.32% | 0.05% | 1.18% | 5.47% |
| 2023 | -0.86% | -4.98% | -0.05% | -0.77% | -5.87% | 3.92% | 6.65% | -1.02% | -0.80% | 0.38% | -2.41% | -2.70% | -8.79% |
| 2022 | 8.53% | 6.45% | 8.13% | 3.90% | 1.94% | -10.72% | 3.79% | -0.35% | -8.05% | 1.55% | 3.62% | -2.65% | 15.09% |
| 2021 | 2.19% | 6.30% | -2.14% | 8.25% | 2.54% | 2.05% | 1.52% | -0.41% | 5.29% | 2.49% | -7.23% | 3.53% | 26.18% |
Benchmark Metrics
abrdn Bloomberg All Commodity Strategy K-1 Free ETF has an annualized alpha of 4.25%, beta of 0.22, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since March 31, 2017.
- This ETF participated in 41.16% of S&P 500 Index downside but only 36.15% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.22 may look defensive, but with R2 of 0.07 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.07 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.25%
- Beta
- 0.22
- R²
- 0.07
- Upside Capture
- 36.15%
- Downside Capture
- 41.16%
Expense Ratio
BCI has an expense ratio of 0.26%, which is considered low.
Return for Risk
Risk / Return Rank
BCI ranks 41 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BCI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.27 | -0.68 |
| Martin ratioReturn relative to average drawdown | 6.22 | 9.90 | -3.68 |
Dividends
Dividend History
abrdn Bloomberg All Commodity Strategy K-1 Free ETF provided a 14.54% dividend yield over the last twelve months, with an annual payout of $3.22 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.22 | $3.22 | $0.65 | $0.76 | $4.41 | $4.47 | $0.15 | $0.33 | $0.24 | $1.23 |
Dividend yield | 14.54% | 16.49% | 3.29% | 3.93% | 19.98% | 19.43% | 0.68% | 1.47% | 1.13% | 5.02% |
Monthly Dividends
The table displays the monthly dividend distributions for abrdn Bloomberg All Commodity Strategy K-1 Free ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.22 | $3.22 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.41 | $4.41 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.47 | $4.47 |
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 abrdn Bloomberg All Commodity Strategy K-1 Free ETF. 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 abrdn Bloomberg All Commodity Strategy K-1 Free ETF was 32.69%, occurring on Mar 18, 2020. Recovery took 278 trading sessions.
The current abrdn Bloomberg All Commodity Strategy K-1 Free ETF drawdown is 14.55%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -32.69%Mar 2020 | 1y 9mo | 1y 1mo | 2y 11moMay 2018 - Apr 2021 |
2023 bear market2023 | -26.50%May 2023 | 11mo 27d | 2y 7mo | 3y 7moJun 2022 - Jan 2026 |
2026 correction2026 | -14.82%Jun 2026 | 1mo 12d | — | 1mo 18dMay 2026 - now |
Bear market2022 | -11.67%Mar 2022 | 7d | 1mo 3d | 1mo 10dMar 2022 - Apr 2022 |
2021 correction2021 | -10.46%Dec 2021 | 1mo 6d | 1mo 27d | 3mo 3dOct 2021 - Jan 2022 |
Drawdown Indicators
| BCI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.69% | -56.78% | +24.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -9.10% | -5.72% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | -18.90% | +4.08% |
Max Drawdown (5Y)Largest decline over 5 years | -26.50% | -25.43% | -1.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -14.55% | -2.23% | -12.32% |
Average DrawdownAverage peak-to-trough decline | -11.99% | -10.71% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 2.08% | +1.69% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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