BCIM vs. SEA

Last updated Apr 1, 2026

Compare and contrast key facts about abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) and U.S. Global Sea to Sky Cargo ETF (SEA).

BCIM and SEA 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 Aberdeen that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. SEA is a passively managed fund by US Global that tracks the performance of the U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. It was launched on Jan 19, 2022. Both BCIM and SEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

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	19.09%	16.78%	2.52%	19.33%	-17.28%

Returns By Period

BCIM

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

SEA

• 1D: 2.77%
• 1M: -0.20%
• YTD: 19.09%
• 6M: 27.29%
• 1Y: 44.88%
• 3Y*: 16.19%
• 5Y*: —
• 10Y*: —

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

BCIM vs. SEA - Expense Ratio Comparison

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

SEA

U.S. Global Sea to Sky Cargo ETF

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

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: 92
SEA Sharpe Ratio Rank: 93
SEA Sortino Ratio Rank: 94
SEA Omega Ratio Rank: 93
SEA Calmar Ratio Rank: 88
SEA Martin Ratio Rank: 93

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	—	2.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Correlation

The correlation between BCIM and SEA is 0.35, 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.

Dividends

BCIM vs. SEA - Dividend Comparison

BCIM's dividend yield for the trailing twelve months is around 3.77%, less than SEA's 5.67% yield.

	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	5.67%	6.76%	18.47%	9.85%	18.73%	0.00%

Drawdowns

Drawdown Indicators

	BCIM	SEA	Difference
Max Drawdown Largest peak-to-trough decline	—	-39.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.06%	—
Current Drawdown Current decline from peak	—	-2.48%	—
Average Drawdown Average peak-to-trough decline	—	-14.84%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.34%	—

Volatility

Volatility by Period

	BCIM	SEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.91%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.87%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.87%	—