BCSKX vs. BRCYX
BCSKX (BlackRock Commodity Strategies Fund Class K) and BRCYX (Invesco Balanced-Risk Commodity Strategy Fund) are both Commodities funds. Over the past 5 years, BCSKX returned 11.92%/yr vs 11.14%/yr for BRCYX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. BCSKX charges 0.67%/yr vs 1.06%/yr for BRCYX.
Performance
BCSKX vs. BRCYX - Performance Comparison
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Returns By Period
In the year-to-date period, BCSKX achieves a 17.91% return, which is significantly lower than BRCYX's 26.65% return.
BCSKX
- 1D
- 0.47%
- 1M
- 6.78%
- 6M
- 6.40%
- YTD
- 17.91%
- 1Y
- 37.53%
- 3Y*
- 15.03%
- 5Y*
- 11.92%
- 10Y*
- —
- ALL TIME*
- 10.63%
BRCYX
- 1D
- -0.12%
- 1M
- 7.45%
- 6M
- 16.89%
- YTD
- 26.65%
- 1Y
- 43.27%
- 3Y*
- 15.32%
- 5Y*
- 11.14%
- 10Y*
- 7.63%
- ALL TIME*
- 2.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BCSKX vs. BRCYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BCSKX BlackRock Commodity Strategies Fund Class K | 17.91% | 28.88% | 4.44% | -4.27% | 11.95% | 22.49% | 6.84% | 3.89% | 2.06% |
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 26.65% | 18.82% | 5.70% | -3.15% | 7.94% | 19.54% | 7.89% | 4.49% | -13.49% |
Correlation
The correlation between BCSKX and BRCYX is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2018 | 0.74 |
The correlation between BCSKX and BRCYX has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
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Return for Risk
BCSKX vs. BRCYX — Risk / Return Rank
BCSKX
BRCYX
BCSKX vs. BRCYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Commodity Strategies Fund Class K (BCSKX) and Invesco Balanced-Risk Commodity Strategy Fund (BRCYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BCSKX | BRCYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.42 | +0.62 |
| Martin ratioReturn relative to average drawdown | 10.16 | 8.01 | +2.15 |
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Drawdowns
BCSKX vs. BRCYX - Drawdown Comparison
The maximum BCSKX drawdown since its inception was -30.34%, smaller than the maximum BRCYX drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for BCSKX and BRCYX.
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Drawdown Indicators
| BCSKX | BRCYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.34% | -60.05% | +29.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -17.02% | +5.40% |
Max Drawdown (3Y)Largest decline over 3 years | -11.62% | -17.02% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -22.34% | -20.42% | -1.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.09% | — |
Current DrawdownCurrent decline from peak | -4.72% | -9.14% | +4.42% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -27.04% | +20.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 5.13% | -1.66% |
Volatility
BCSKX vs. BRCYX - Volatility Comparison
The current volatility for BlackRock Commodity Strategies Fund Class K (BCSKX) is 3.20%, while Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) has a volatility of 4.20%. This indicates that BCSKX experiences smaller price fluctuations and is considered to be less risky than BRCYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BCSKX | BRCYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 4.20% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 11.67% | 15.58% | -3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.06% | 18.23% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 15.76% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 14.33% | +0.69% |
BCSKX vs. BRCYX - Expense Ratio Comparison
BCSKX has a 0.67% expense ratio, which is lower than BRCYX's 1.06% expense ratio.
Dividends
BCSKX vs. BRCYX - Dividend Comparison
BCSKX's dividend yield for the trailing twelve months is around 14.54%, more than BRCYX's 10.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BCSKX BlackRock Commodity Strategies Fund Class K | 14.54% | 3.13% | 3.66% | 9.45% | 9.11% | 2.72% | 0.84% | 2.08% | 2.02% | 0.00% | 0.00% |
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 10.83% | 13.71% | 4.95% | 3.71% | 9.93% | 16.64% | 0.00% | 0.91% | 0.25% | 0.01% | 2.74% |
Frequently Asked Questions
BCSKX and BRCYX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRCYX has higher volatility (4.20%) compared to BCSKX (3.20%). In terms of maximum drawdown, BCSKX dropped -30.34% vs BRCYX's -60.05%.
BCSKX currently has the higher Sharpe Ratio (2.35 vs 2.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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