BRCYX vs. ARCNX
Compare and contrast key facts about Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) and AQR Risk-Balanced Commodities Strategy Fund Class N (ARCNX).
BRCYX is managed by Invesco. It was launched on Nov 29, 2010. ARCNX is managed by AQR.
Performance
BRCYX vs. ARCNX - Performance Comparison
Loading graphics...
BRCYX vs. ARCNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 28.11% | 18.82% | 5.70% | -3.15% | 7.94% | 19.54% | 7.89% | 4.49% | -12.03% | 4.88% |
ARCNX AQR Risk-Balanced Commodities Strategy Fund Class N | 17.59% | 20.76% | 7.19% | -0.50% | 20.97% | 39.48% | 8.11% | 17.68% | -17.83% | 10.20% |
Returns By Period
In the year-to-date period, BRCYX achieves a 28.11% return, which is significantly higher than ARCNX's 17.59% return. Over the past 10 years, BRCYX has underperformed ARCNX with an annualized return of 8.74%, while ARCNX has yielded a comparatively higher 12.76% annualized return.
BRCYX
- 1D
- 0.11%
- 1M
- 9.65%
- YTD
- 28.11%
- 6M
- 36.58%
- 1Y
- 43.05%
- 3Y*
- 16.72%
- 5Y*
- 13.44%
- 10Y*
- 8.74%
ARCNX
- 1D
- 0.47%
- 1M
- 5.67%
- YTD
- 17.59%
- 6M
- 26.30%
- 1Y
- 30.38%
- 3Y*
- 14.32%
- 5Y*
- 18.41%
- 10Y*
- 12.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BRCYX vs. ARCNX - Expense Ratio Comparison
BRCYX has a 1.06% expense ratio, which is lower than ARCNX's 1.28% expense ratio.
Return for Risk
BRCYX vs. ARCNX — Risk / Return Rank
BRCYX
ARCNX
BRCYX vs. ARCNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) and AQR Risk-Balanced Commodities Strategy Fund Class N (ARCNX). 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.
| BRCYX | ARCNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.57 | 1.96 | +0.60 |
Sortino ratioReturn per unit of downside risk | 3.10 | 2.45 | +0.65 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.36 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 4.84 | 3.14 | +1.71 |
Martin ratioReturn relative to average drawdown | 16.14 | 9.87 | +6.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BRCYX | ARCNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.57 | 1.96 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.97 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.73 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.29 | -0.11 |
Correlation
The correlation between BRCYX and ARCNX is 0.89, 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
BRCYX vs. ARCNX - Dividend Comparison
BRCYX's dividend yield for the trailing twelve months is around 10.70%, less than ARCNX's 11.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 10.70% | 13.71% | 4.95% | 3.71% | 9.93% | 16.64% | 0.00% | 0.91% | 0.25% | 0.01% | 2.74% |
ARCNX AQR Risk-Balanced Commodities Strategy Fund Class N | 11.54% | 13.57% | 1.89% | 7.45% | 9.45% | 18.31% | 0.09% | 4.98% | 0.29% | 0.01% | 4.69% |
Drawdowns
BRCYX vs. ARCNX - Drawdown Comparison
The maximum BRCYX drawdown since its inception was -60.05%, which is greater than ARCNX's maximum drawdown of -55.17%. Use the drawdown chart below to compare losses from any high point for BRCYX and ARCNX.
Loading graphics...
Drawdown Indicators
| BRCYX | ARCNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -55.17% | -4.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -10.10% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | -20.30% | -0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | -32.80% | -5.29% |
Current DrawdownCurrent decline from peak | 0.00% | -0.56% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -27.49% | -26.26% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 3.21% | -0.48% |
Volatility
BRCYX vs. ARCNX - Volatility Comparison
Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) has a higher volatility of 6.95% compared to AQR Risk-Balanced Commodities Strategy Fund Class N (ARCNX) at 5.33%. This indicates that BRCYX's price experiences larger fluctuations and is considered to be riskier than ARCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BRCYX | ARCNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.95% | 5.33% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 14.76% | 12.61% | +2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.02% | 15.93% | +1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.62% | 19.16% | -3.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 17.46% | -3.25% |