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iPath Pure Beta Broad Commodity ETN (BCM)

ETF · Currency in USD · Last updated Aug 6, 2022

BCM is a passive ETF by Barclays Capital tracking the investment results of the Barclays Commodity Index Pure Beta (TR). BCM launched on Apr 20, 2011 and has a 0.70% expense ratio.

ETF Info

ISINUS06740P1140
CUSIP06740P114
IssuerBarclays Capital
Inception DateApr 20, 2011
CategoryCommodities
Expense Ratio0.70%
Index TrackedBarclays Commodity Index Pure Beta (TR)
Asset ClassCommodity

Trading Data

Previous Close$43.74
Year Range$34.54 - $53.32
EMA (50)$46.19
EMA (200)$44.22
Average Volume$3.55K

BCMShare Price Chart


Chart placeholderClick Calculate to get results

BCMPerformance

The chart shows the growth of $10,000 invested in iPath Pure Beta Broad Commodity ETN in Apr 2011 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,699 for a total return of roughly -13.01%. All prices are adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%MarchAprilMayJuneJulyAugust
2.11%
-7.55%
BCM (iPath Pure Beta Broad Commodity ETN)
Benchmark (^GSPC)

BCMReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.78%8.19%
6M3.50%-7.42%
YTD11.81%-13.03%
1Y20.90%-5.85%
5Y10.48%10.99%
10Y-0.09%11.56%

BCMMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20226.49%6.99%7.34%3.37%2.90%-5.67%-5.00%-4.08%
20212.00%7.32%-1.83%7.75%4.06%1.19%1.61%-1.72%3.17%4.46%-6.85%6.62%
2020-6.63%-4.93%-13.35%-0.27%7.25%4.67%6.94%4.40%-3.91%-1.32%6.84%5.83%
20196.36%2.35%-0.07%0.72%-5.74%4.42%-0.44%-1.70%0.05%2.48%-1.35%5.85%
20182.77%-2.28%0.36%3.66%1.20%-3.68%-1.24%-1.44%2.32%-3.83%-6.58%-3.31%
20171.02%1.38%-3.33%-1.67%-1.55%-0.46%4.06%0.60%0.60%2.96%0.09%3.67%
2016-1.83%0.85%3.80%8.91%-0.18%3.89%-6.35%-1.10%3.68%-0.94%1.69%2.03%
2015-3.10%3.54%-5.26%6.51%-2.69%0.56%-12.26%-1.99%-2.01%0.63%-6.92%-4.88%
2014-2.13%5.77%-0.05%0.88%-0.29%1.10%-3.57%-1.71%-6.95%-2.35%-4.18%-6.76%
20131.50%-5.27%0.12%-5.11%-0.92%-4.71%3.14%4.81%-3.06%0.28%-2.79%0.51%
20124.86%3.17%-2.45%-0.64%-10.18%-0.81%9.21%5.09%0.52%-4.06%1.11%-0.64%
20111.01%-6.20%-3.17%4.21%1.54%-15.65%8.53%-0.56%-3.31%

BCMSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iPath Pure Beta Broad Commodity ETN Sharpe ratio is 0.71. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.000.001.002.003.00MarchAprilMayJuneJulyAugust
0.71
-0.31
BCM (iPath Pure Beta Broad Commodity ETN)
Benchmark (^GSPC)

BCMDividend History


iPath Pure Beta Broad Commodity ETN doesn't pay dividends

BCMDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-17.97%
-13.58%
BCM (iPath Pure Beta Broad Commodity ETN)
Benchmark (^GSPC)

BCMWorst Drawdowns

The table below shows the maximum drawdowns of the iPath Pure Beta Broad Commodity ETN. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iPath Pure Beta Broad Commodity ETN is 57.81%, recorded on Mar 18, 2020. It took 496 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-57.81%May 2, 20112041Mar 18, 2020496Mar 7, 20222537
-20.05%Jun 13, 202222Jul 14, 2022
-12.71%Mar 9, 20226Mar 16, 202258Jun 8, 202264
-0.57%Apr 28, 20111Apr 28, 20111Apr 29, 20112
-0.42%Jun 9, 20221Jun 9, 20221Jun 10, 20222
-0.04%Apr 26, 20111Apr 26, 20111Apr 27, 20112

BCMVolatility Chart

Current iPath Pure Beta Broad Commodity ETN volatility is 17.69%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%MarchAprilMayJuneJulyAugust
17.69%
19.67%
BCM (iPath Pure Beta Broad Commodity ETN)
Benchmark (^GSPC)