BCIM vs. GLTR

Last updated Jun 4, 2026

BCIM (abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF) and GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - BCIM is a Metals fund tracking the Bloomberg Industrial Metals, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. BCIM charges 0.41%/yr vs 0.60%/yr for GLTR.

Performance

BCIM vs. GLTR - 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 Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCIM

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

GLTR

• 1D: -1.81%
• 1M: -1.45%
• YTD: 1.47%
• 6M: 10.73%
• 1Y: 53.06%
• 3Y*: 32.36%
• 5Y*: 15.32%
• 10Y*: 13.17%

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

BCIM vs. GLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-3.29%	4.17%
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	1.47%	87.25%	20.63%	2.01%	-0.25%	2.56%

Correlation

The correlation between BCIM and GLTR is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.39

Over the past year, the correlation between BCIM and GLTR has dropped to 0.08 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

BCIM vs. GLTR — Risk / Return Rank

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

GLTR

GLTR Risk / Return Rank: 36
GLTR Sharpe Ratio Rank: 39
GLTR Sortino Ratio Rank: 31
GLTR Omega Ratio Rank: 44
GLTR Calmar Ratio Rank: 36
GLTR Martin Ratio Rank: 28

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. GLTR - 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 Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR). 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	GLTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.42	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.32	—

Drawdowns

Drawdown Indicators

	BCIM	GLTR	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.70%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-29.70%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.70%	—
Current Drawdown Current decline from peak	—	-26.86%	—
Average Drawdown Average peak-to-trough decline	—	-28.83%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.88%	—

Volatility

Volatility by Period

	BCIM	GLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	37.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.50%	—

BCIM vs. GLTR - Expense Ratio Comparison

BCIM has a 0.41% expense ratio, which is lower than GLTR's 0.60% expense ratio.

Dividends

BCIM vs. GLTR - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	3.77%	3.77%	11.47%	3.36%	0.72%	1.57%
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCIM and GLTR in my portfolio?

BCIM and GLTR have a correlation of 0.08, 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 GLTR?

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 GLTR?

BCIM is cheaper with a 0.41% expense ratio, compared with 0.60% for GLTR.

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

BCIM has the higher dividend yield at 3.77%, compared with 0.00% for GLTR.

What is the main difference between BCIM and GLTR?

BCIM is categorized as Metals, while GLTR is Precious Metals. BCIM tracks Bloomberg Industrial Metals, while GLTR tracks ETFS Physical Precious Metals Basket Index. Their fees differ too: 0.41% for BCIM and 0.60% for GLTR.