0GZD.DE vs. BCIM

Last updated Apr 3, 2026

Compare and contrast key facts about BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC (0GZD.DE) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM).

0GZD.DE and BCIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 0GZD.DE is a passively managed fund by BNP Paribas that tracks the performance of the RICI Enhanced Industrial Metals (EUR Hedged). It was launched on Aug 7, 2019. BCIM is a passively managed fund by Aberdeen that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. Both 0GZD.DE and BCIM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

0GZD.DE vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC (0GZD.DE) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

0GZD.DE vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
0GZD.DE BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC	2.15%	16.30%	4.70%	-4.91%	-2.95%	2.67%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	-2.11%	10.12%	-12.39%	2.70%	7.58%

Different Trading Currencies

0GZD.DE is traded in EUR, while BCIM is traded in USD. To make them comparable, the BCIM values have been converted to EUR using the latest available exchange rates.

Returns By Period

0GZD.DE

• 1D: 0.05%
• 1M: -3.14%
• YTD: 2.15%
• 6M: 11.74%
• 1Y: 17.46%
• 3Y*: 6.24%
• 5Y*: 6.05%
• 10Y*: —

BCIM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

0GZD.DE vs. BCIM - Expense Ratio Comparison

0GZD.DE has a 1.20% expense ratio, which is higher than BCIM's 0.41% expense ratio.

0GZD.DE

BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

Return for Risk

0GZD.DE vs. BCIM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0GZD.DE

0GZD.DE Risk / Return Rank: 62
0GZD.DE Sharpe Ratio Rank: 60
0GZD.DE Sortino Ratio Rank: 60
0GZD.DE Omega Ratio Rank: 51
0GZD.DE Calmar Ratio Rank: 70
0GZD.DE Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0GZD.DE vs. BCIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC (0GZD.DE) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	0GZD.DE	BCIM	Difference
Sharpe ratio Return per unit of total volatility	1.11	—	—
Sortino ratio Return per unit of downside risk	1.61	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	2.13	—	—
Martin ratio Return relative to average drawdown	8.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	0GZD.DE	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	—	—

Correlation

The correlation between 0GZD.DE and BCIM is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

0GZD.DE vs. BCIM - Dividend Comparison

0GZD.DE has not paid dividends to shareholders, while BCIM's dividend yield for the trailing twelve months is around 3.77%.

	TTM	2025	2024	2023	2022	2021
0GZD.DE BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	3.77%	3.77%	11.47%	3.36%	0.72%	1.57%

Drawdowns

Drawdown Indicators

	0GZD.DE	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-39.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.86%	—	—
Current Drawdown Current decline from peak	-16.81%	—	—
Average Drawdown Average peak-to-trough decline	-19.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	—	—

Volatility

Volatility by Period

	0GZD.DE	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.34%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.20%	—	—