Correlation
The correlation between BCIM and GUNR is 0.23, 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.
BCIM vs. GUNR
Compare and contrast key facts about abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) and FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR).
BCIM and GUNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCIM is a passively managed fund by abrdn that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. GUNR is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Global Upstream Natural Resources Index. It was launched on Sep 16, 2011. Both BCIM and GUNR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCIM or GUNR.
Performance
BCIM vs. GUNR - Performance Comparison
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Key characteristics
BCIM:
-0.50
GUNR:
-0.21
BCIM:
-0.74
GUNR:
-0.27
BCIM:
0.91
GUNR:
0.96
BCIM:
-0.29
GUNR:
-0.22
BCIM:
-1.07
GUNR:
-0.74
BCIM:
10.99%
GUNR:
6.97%
BCIM:
19.34%
GUNR:
17.92%
BCIM:
-43.36%
GUNR:
-45.64%
BCIM:
-35.16%
GUNR:
-11.05%
Returns By Period
In the year-to-date period, BCIM achieves a 2.26% return, which is significantly lower than GUNR's 8.16% return.
BCIM
2.26%
1.80%
-0.59%
-9.48%
-4.87%
N/A
N/A
GUNR
8.16%
3.31%
0.35%
-3.78%
-2.54%
11.50%
5.70%
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BCIM vs. GUNR - Expense Ratio Comparison
BCIM has a 0.41% expense ratio, which is lower than GUNR's 0.46% expense ratio.
Risk-Adjusted Performance
BCIM vs. GUNR — Risk-Adjusted Performance Rank
BCIM
GUNR
BCIM vs. GUNR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) and FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR). 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.
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Dividends
BCIM vs. GUNR - Dividend Comparison
BCIM's dividend yield for the trailing twelve months is around 11.22%, more than GUNR's 3.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF | 11.22% | 11.47% | 3.35% | 0.71% | 1.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 3.43% | 3.39% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.28% | 2.00% | 1.73% | 4.50% | 2.80% |
Drawdowns
BCIM vs. GUNR - Drawdown Comparison
The maximum BCIM drawdown since its inception was -43.36%, roughly equal to the maximum GUNR drawdown of -45.64%. Use the drawdown chart below to compare losses from any high point for BCIM and GUNR.
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Volatility
BCIM vs. GUNR - Volatility Comparison
abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) has a higher volatility of 4.32% compared to FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) at 2.82%. This indicates that BCIM's price experiences larger fluctuations and is considered to be riskier than GUNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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