BCIM vs. AFSC

Last updated Jun 4, 2026

BCIM (abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF) and AFSC (abrdn Focused U.S. Small Cap Active ETF) are both exchange-traded funds - BCIM is a Metals fund tracking the Bloomberg Industrial Metals, while AFSC is a Small Cap Blend Equities fund actively managed by Aberdeen. BCIM is passively managed, while AFSC is actively managed. At a 0.14 correlation, their price movements are largely independent. BCIM charges 0.41%/yr vs 0.65%/yr for AFSC.

Performance

BCIM vs. AFSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) and abrdn Focused U.S. Small Cap Active ETF (AFSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCIM

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

AFSC

• 1D: -0.69%
• 1M: 1.96%
• YTD: 16.58%
• 6M: 13.48%
• 1Y: 27.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCIM vs. AFSC - Yearly Performance Comparison

	2026 (YTD)	2025
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	4.65%
AFSC abrdn Focused U.S. Small Cap Active ETF	16.58%	2.67%

Correlation

The correlation between BCIM and AFSC is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.14

Return for Risk

BCIM vs. AFSC — Risk / Return Rank

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

AFSC

AFSC Risk / Return Rank: 47
AFSC Sharpe Ratio Rank: 42
AFSC Sortino Ratio Rank: 42
AFSC Omega Ratio Rank: 38
AFSC Calmar Ratio Rank: 54
AFSC Martin Ratio Rank: 57

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.

BCIM vs. AFSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) and abrdn Focused U.S. Small Cap Active ETF (AFSC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCIM	AFSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.67	—

Drawdowns

Drawdown Indicators

	BCIM	AFSC	Difference
Max Drawdown Largest peak-to-trough decline	—	-21.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.29%	—
Current Drawdown Current decline from peak	—	-1.79%	—
Average Drawdown Average peak-to-trough decline	—	-4.15%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.72%	—

Volatility

Volatility by Period

	BCIM	AFSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.57%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.57%	—

BCIM vs. AFSC - Expense Ratio Comparison

BCIM has a 0.41% expense ratio, which is lower than AFSC's 0.65% expense ratio.

Dividends

BCIM vs. AFSC - Dividend Comparison

BCIM's dividend yield for the trailing twelve months is around 3.77%, more than AFSC's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021
AFSC abrdn Focused U.S. Small Cap Active ETF	0.07%	0.08%	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

Can I hold both BCIM and AFSC in my portfolio?

BCIM and AFSC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCIM or AFSC?

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.

Which ETF is cheaper, BCIM or AFSC?

BCIM is cheaper with a 0.41% expense ratio, compared with 0.65% for AFSC.

Which ETF pays a higher dividend yield, BCIM or AFSC?

BCIM has the higher dividend yield at 3.77%, compared with 0.07% for AFSC.

What is the main difference between BCIM and AFSC?

BCIM is categorized as Metals, while AFSC is Small Cap Blend Equities. Their fees differ too: 0.41% for BCIM and 0.65% for AFSC.