BCIM vs. SEA

Last updated Jun 4, 2026

BCIM (abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF) and SEA (U.S. Global Sea to Sky Cargo ETF) are both exchange-traded funds - BCIM is a Metals fund tracking the Bloomberg Industrial Metals, while SEA is a Industrials Equities fund tracking the U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. Both are passively managed. At a 0.34 correlation, their price movements are largely independent. BCIM charges 0.41%/yr vs 0.60%/yr for SEA.

Performance

BCIM vs. SEA - 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 U.S. Global Sea to Sky Cargo ETF (SEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCIM

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

SEA

• 1D: -0.80%
• 1M: 0.23%
• YTD: 20.79%
• 6M: 21.12%
• 1Y: 30.09%
• 3Y*: 18.52%
• 5Y*: —
• 10Y*: —

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

BCIM vs. SEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-10.04%
SEA U.S. Global Sea to Sky Cargo ETF	20.79%	16.78%	2.52%	19.33%	-17.28%

Correlation

The correlation between BCIM and SEA is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jan 21, 2022	0.34

Over the past year, the correlation between BCIM and SEA has dropped to 0.14 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Return for Risk

BCIM vs. SEA — Risk / Return Rank

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

SEA

SEA Risk / Return Rank: 56
SEA Sharpe Ratio Rank: 54
SEA Sortino Ratio Rank: 54
SEA Omega Ratio Rank: 51
SEA Calmar Ratio Rank: 57
SEA Martin Ratio Rank: 64

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. SEA - 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 U.S. Global Sea to Sky Cargo ETF (SEA). 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	SEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Drawdowns

Drawdown Indicators

	BCIM	SEA	Difference
Max Drawdown Largest peak-to-trough decline	—	-39.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.42%	—
Current Drawdown Current decline from peak	—	-3.07%	—
Average Drawdown Average peak-to-trough decline	—	-14.31%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.62%	—

Volatility

Volatility by Period

	BCIM	SEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.28%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.67%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.67%	—

BCIM vs. SEA - Expense Ratio Comparison

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

Dividends

BCIM vs. SEA - Dividend Comparison

BCIM's dividend yield for the trailing twelve months is around 3.77%, less than SEA's 5.59% yield.

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%
SEA U.S. Global Sea to Sky Cargo ETF	5.59%	6.76%	18.47%	9.85%	18.73%	0.00%

Frequently Asked Questions

Can I hold both BCIM and SEA in my portfolio?

BCIM and SEA have a correlation of 0.14, 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 SEA?

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 SEA?

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

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

SEA has the higher dividend yield at 5.59%, compared with 3.77% for BCIM.

What is the main difference between BCIM and SEA?

BCIM is categorized as Metals, while SEA is Industrials Equities. BCIM tracks Bloomberg Industrial Metals, while SEA tracks U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. They also come from different issuers: Aberdeen and US Global. Their fees differ too: 0.41% for BCIM and 0.60% for SEA.