0GZD.DE vs. BCIM
0GZD.DE (BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC) and BCIM (abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF) are both Metals funds - 0GZD.DE tracks the RICI Enhanced Industrial Metals (EUR Hedged) while BCIM tracks the Bloomberg Industrial Metals. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. 0GZD.DE charges 1.20%/yr vs 0.41%/yr for BCIM.
Performance
0GZD.DE vs. BCIM - Performance Comparison
Loading charts...
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
- -0.26%
- 1M
- 3.36%
- YTD
- 11.84%
- 6M
- 15.44%
- 1Y
- 30.27%
- 3Y*
- 12.45%
- 5Y*
- 5.74%
- 10Y*
- —
BCIM
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
0GZD.DE vs. BCIM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
0GZD.DE BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC | 11.84% | 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% |
Correlation
The correlation between 0GZD.DE and BCIM is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.66 |
Over the past year, the correlation between 0GZD.DE and BCIM has dropped to 0.35 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
0GZD.DE vs. BCIM — Risk / Return Rank
0GZD.DE
BCIM
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 ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | — | — |
| Martin ratioReturn relative to average drawdown | 12.05 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 0GZD.DE | BCIM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | — | — |
Drawdowns
0GZD.DE vs. BCIM - Drawdown Comparison
Loading charts...
Drawdown Indicators
| 0GZD.DE | BCIM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.86% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.86% | — | — |
Current DrawdownCurrent decline from peak | -8.92% | — | — |
Average DrawdownAverage peak-to-trough decline | -19.47% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | — | — |
Volatility
0GZD.DE vs. BCIM - Volatility Comparison
Loading charts...
Volatility by Period
| 0GZD.DE | BCIM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.00% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.20% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.11% | — | — |
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.
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%.
| Position | 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% |
Frequently Asked Questions
0GZD.DE and BCIM have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BCIM is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BCIM is cheaper with a 0.41% expense ratio, compared with 1.20% for 0GZD.DE.
0GZD.DE tracks RICI Enhanced Industrial Metals (EUR Hedged), while BCIM tracks Bloomberg Industrial Metals. They also come from different issuers: BNP Paribas and Aberdeen. Their fees differ too: 1.20% for 0GZD.DE and 0.41% for BCIM.
Find the right allocation for 0GZD.DE and BCIM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer