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BCSKX vs. FCSSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BCSKX vs. FCSSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Commodity Strategies Fund Class K (BCSKX) and Fidelity Series Commodity Strategy Fund (FCSSX). The values are adjusted to include any dividend payments, if applicable.

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BCSKX vs. FCSSX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
BCSKX
BlackRock Commodity Strategies Fund Class K
20.37%28.88%4.44%-4.27%11.95%22.49%6.84%3.89%2.06%
FCSSX
Fidelity Series Commodity Strategy Fund
15.94%15.43%5.36%-8.25%-47.85%27.59%-3.11%7.41%-14.77%

Returns By Period

In the year-to-date period, BCSKX achieves a 20.37% return, which is significantly higher than FCSSX's 15.94% return.


BCSKX

1D
0.97%
1M
0.81%
YTD
20.37%
6M
27.67%
1Y
41.82%
3Y*
16.50%
5Y*
14.27%
10Y*

FCSSX

1D
-0.52%
1M
3.44%
YTD
15.94%
6M
21.67%
1Y
22.80%
3Y*
11.08%
5Y*
-4.33%
10Y*
-1.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BCSKX vs. FCSSX - Expense Ratio Comparison

BCSKX has a 0.67% expense ratio, which is higher than FCSSX's 0.00% expense ratio.


Return for Risk

BCSKX vs. FCSSX — Risk / Return Rank

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

BCSKX
BCSKX Risk / Return Rank: 9696
Overall Rank
BCSKX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
BCSKX Sortino Ratio Rank: 9595
Sortino Ratio Rank
BCSKX Omega Ratio Rank: 9393
Omega Ratio Rank
BCSKX Calmar Ratio Rank: 9797
Calmar Ratio Rank
BCSKX Martin Ratio Rank: 9898
Martin Ratio Rank

FCSSX
FCSSX Risk / Return Rank: 7878
Overall Rank
FCSSX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FCSSX Sortino Ratio Rank: 7777
Sortino Ratio Rank
FCSSX Omega Ratio Rank: 7171
Omega Ratio Rank
FCSSX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FCSSX Martin Ratio Rank: 7474
Martin Ratio Rank
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.

BCSKX vs. FCSSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Commodity Strategies Fund Class K (BCSKX) and Fidelity Series Commodity Strategy Fund (FCSSX). 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.


BCSKXFCSSXDifference

Sharpe ratio

Return per unit of total volatility

2.63

1.49

+1.14

Sortino ratio

Return per unit of downside risk

3.31

1.98

+1.32

Omega ratio

Gain probability vs. loss probability

1.47

1.27

+0.20

Calmar ratio

Return relative to maximum drawdown

4.07

2.58

+1.48

Martin ratio

Return relative to average drawdown

20.58

7.24

+13.34

BCSKX vs. FCSSX - Sharpe Ratio Comparison

The current BCSKX Sharpe Ratio is 2.63, which is higher than the FCSSX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of BCSKX and FCSSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BCSKXFCSSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.63

1.49

+1.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.91

-0.15

+1.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

-0.19

+0.95

Correlation

The correlation between BCSKX and FCSSX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

BCSKX vs. FCSSX - Dividend Comparison

BCSKX's dividend yield for the trailing twelve months is around 2.60%, more than FCSSX's 2.32% yield.


TTM202520242023202220212020201920182017
BCSKX
BlackRock Commodity Strategies Fund Class K
2.60%3.13%3.66%9.45%9.11%2.72%0.84%2.08%2.02%0.00%
FCSSX
Fidelity Series Commodity Strategy Fund
2.32%2.69%12.74%4.53%1.27%41.74%0.44%1.49%6.76%0.53%

Drawdowns

BCSKX vs. FCSSX - Drawdown Comparison

The maximum BCSKX drawdown since its inception was -30.34%, smaller than the maximum FCSSX drawdown of -73.85%. Use the drawdown chart below to compare losses from any high point for BCSKX and FCSSX.


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Drawdown Indicators


BCSKXFCSSXDifference

Max Drawdown

Largest peak-to-trough decline

-30.34%

-73.85%

+43.51%

Max Drawdown (1Y)

Largest decline over 1 year

-10.51%

-9.20%

-1.31%

Max Drawdown (5Y)

Largest decline over 5 years

-22.34%

-66.47%

+44.13%

Max Drawdown (10Y)

Largest decline over 10 years

-66.47%

Current Drawdown

Current decline from peak

-0.40%

-61.70%

+61.30%

Average Drawdown

Average peak-to-trough decline

-6.67%

-44.51%

+37.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.08%

3.28%

-1.20%

Volatility

BCSKX vs. FCSSX - Volatility Comparison

The current volatility for BlackRock Commodity Strategies Fund Class K (BCSKX) is 4.47%, while Fidelity Series Commodity Strategy Fund (FCSSX) has a volatility of 5.36%. This indicates that BCSKX experiences smaller price fluctuations and is considered to be less risky than FCSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BCSKXFCSSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.47%

5.36%

-0.89%

Volatility (6M)

Calculated over the trailing 6-month period

12.36%

11.70%

+0.66%

Volatility (1Y)

Calculated over the trailing 1-year period

16.15%

15.45%

+0.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.80%

28.81%

-13.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.08%

22.22%

-7.14%