FAAR vs. BCI
Compare and contrast key facts about First Trust Alternative Absolute Return Strategy ETF (FAAR) and abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI).
FAAR and BCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FAAR is an actively managed fund by First Trust. It was launched on May 18, 2016. BCI is an actively managed fund by Abrdn Plc. It was launched on Mar 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAAR or BCI.
Performance
FAAR vs. BCI - Performance Comparison
Returns By Period
In the year-to-date period, FAAR achieves a 3.70% return, which is significantly higher than BCI's 1.86% return.
FAAR
3.70%
-0.68%
-1.33%
1.81%
5.61%
N/A
BCI
1.86%
-2.04%
-7.02%
-0.89%
6.51%
N/A
Key characteristics
| FAAR | BCI | |
|---|---|---|
| Sharpe Ratio | 0.23 | -0.18 |
| Sortino Ratio | 0.39 | -0.16 |
| Omega Ratio | 1.04 | 0.98 |
| Calmar Ratio | 0.11 | -0.09 |
| Martin Ratio | 0.78 | -0.41 |
| Ulcer Index | 2.40% | 5.35% |
| Daily Std Dev | 8.34% | 12.64% |
| Max Drawdown | -16.65% | -32.69% |
| Current Drawdown | -12.97% | -22.35% |
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FAAR vs. BCI - Expense Ratio Comparison
FAAR has a 0.95% expense ratio, which is higher than BCI's 0.25% expense ratio.
Correlation
The correlation between FAAR and BCI is 0.39, 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.
Risk-Adjusted Performance
FAAR vs. BCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Alternative Absolute Return Strategy ETF (FAAR) and abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI). 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.
Dividends
FAAR vs. BCI - Dividend Comparison
FAAR's dividend yield for the trailing twelve months is around 3.23%, less than BCI's 3.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FAAR First Trust Alternative Absolute Return Strategy ETF | 3.23% | 3.20% | 5.82% | 6.49% | 3.04% | 1.02% | 0.58% | 2.83% |
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 3.86% | 3.93% | 19.98% | 19.43% | 0.68% | 1.47% | 1.13% | 5.02% |
Drawdowns
FAAR vs. BCI - Drawdown Comparison
The maximum FAAR drawdown since its inception was -16.65%, smaller than the maximum BCI drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for FAAR and BCI. For additional features, visit the drawdowns tool.
Volatility
FAAR vs. BCI - Volatility Comparison
The current volatility for First Trust Alternative Absolute Return Strategy ETF (FAAR) is 3.16%, while abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) has a volatility of 3.56%. This indicates that FAAR experiences smaller price fluctuations and is considered to be less risky than BCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.