BCI vs. HEZU
Compare and contrast key facts about abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) and iShares Currency Hedged MSCI Eurozone ETF (HEZU).
BCI and HEZU 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. HEZU is a passively managed fund by iShares that tracks the performance of the MSCI EMU 100% USD Hedged Index. It was launched on Jul 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCI or HEZU.
Key characteristics
| BCI | HEZU | |
|---|---|---|
| YTD Return | 4.60% | 8.74% |
| 1Y Return | 4.92% | 17.41% |
| 3Y Return (Ann) | 5.86% | 10.29% |
| 5Y Return (Ann) | 6.72% | 10.32% |
| Sharpe Ratio | 0.42 | 1.53 |
| Daily Std Dev | 12.47% | 11.29% |
| Max Drawdown | -32.69% | -38.80% |
| Current Drawdown | -20.27% | -2.03% |
Correlation
The correlation between BCI and HEZU is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BCI vs. HEZU - Performance Comparison
In the year-to-date period, BCI achieves a 4.60% return, which is significantly lower than HEZU's 8.74% 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. HEZU - Expense Ratio Comparison
BCI has a 0.25% expense ratio, which is lower than HEZU's 0.52% expense ratio.
Risk-Adjusted Performance
BCI vs. HEZU - 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 Currency Hedged MSCI Eurozone ETF (HEZU). 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. HEZU - Dividend Comparison
BCI's dividend yield for the trailing twelve months is around 3.76%, more than HEZU's 2.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 3.76% | 3.93% | 19.98% | 19.43% | 0.68% | 1.47% | 1.13% | 5.02% | 0.00% | 0.00% | 0.00% |
HEZU iShares Currency Hedged MSCI Eurozone ETF | 2.31% | 2.52% | 23.26% | 2.25% | 2.32% | 5.40% | 3.48% | 1.92% | 3.11% | 2.68% | 1.15% |
Drawdowns
BCI vs. HEZU - Drawdown Comparison
The maximum BCI drawdown since its inception was -32.69%, smaller than the maximum HEZU drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for BCI and HEZU. For additional features, visit the drawdowns tool.
Volatility
BCI vs. HEZU - Volatility Comparison
The current volatility for abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is 2.73%, while iShares Currency Hedged MSCI Eurozone ETF (HEZU) has a volatility of 3.25%. This indicates that BCI experiences smaller price fluctuations and is considered to be less risky than HEZU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.