BCI vs. COMT
Compare and contrast key facts about abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) and iShares Commodities Select Strategy ETF (COMT).
BCI and COMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCI is an actively managed fund by Abrdn Plc. It was launched on Mar 30, 2017. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCI or COMT.
Key characteristics
| BCI | COMT | |
|---|---|---|
| YTD Return | 4.13% | 7.22% |
| 1Y Return | 4.76% | 12.16% |
| 3Y Return (Ann) | 5.87% | 10.33% |
| 5Y Return (Ann) | 6.64% | 6.56% |
| Sharpe Ratio | 0.31 | 0.66 |
| Daily Std Dev | 12.50% | 15.10% |
| Max Drawdown | -32.69% | -51.89% |
| Current Drawdown | -20.62% | -19.86% |
Correlation
The correlation between BCI and COMT is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BCI vs. COMT - Performance Comparison
In the year-to-date period, BCI achieves a 4.13% return, which is significantly lower than COMT's 7.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BCI vs. COMT - Expense Ratio Comparison
BCI has a 0.25% expense ratio, which is lower than COMT's 0.48% expense ratio.
Risk-Adjusted Performance
BCI vs. COMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) and iShares Commodities Select Strategy ETF (COMT). 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.
Dividends
BCI vs. COMT - Dividend Comparison
BCI's dividend yield for the trailing twelve months is around 3.77%, less than COMT's 4.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 3.77% | 3.93% | 19.98% | 19.43% | 0.68% | 1.47% | 1.13% | 5.02% | 0.00% | 0.00% | 0.00% |
COMT iShares Commodities Select Strategy ETF | 4.84% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.43% | 0.55% |
Drawdowns
BCI vs. COMT - Drawdown Comparison
The maximum BCI drawdown since its inception was -32.69%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for BCI and COMT. For additional features, visit the drawdowns tool.
Volatility
BCI vs. COMT - Volatility Comparison
The current volatility for abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is 2.69%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 3.13%. This indicates that BCI experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.