KCE vs. BCD
Compare and contrast key facts about SPDR S&P Capital Markets ETF (KCE) and abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD).
KCE and BCD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KCE is a passively managed fund by State Street that tracks the performance of the S&P Capital Markets Select Industry Index. It was launched on Nov 8, 2005. BCD 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: KCE or BCD.
Performance
KCE vs. BCD - Performance Comparison
Returns By Period
In the year-to-date period, KCE achieves a 43.01% return, which is significantly higher than BCD's 4.81% return.
KCE
43.01%
6.07%
28.26%
65.59%
22.55%
13.89%
BCD
4.81%
-0.65%
-5.87%
2.46%
10.69%
N/A
Key characteristics
| KCE | BCD | |
|---|---|---|
| Sharpe Ratio | 3.73 | 0.24 |
| Sortino Ratio | 4.88 | 0.42 |
| Omega Ratio | 1.65 | 1.05 |
| Calmar Ratio | 4.22 | 0.13 |
| Martin Ratio | 28.60 | 0.59 |
| Ulcer Index | 2.33% | 5.13% |
| Daily Std Dev | 17.92% | 12.53% |
| Max Drawdown | -74.00% | -29.79% |
| Current Drawdown | -1.28% | -16.57% |
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KCE vs. BCD - Expense Ratio Comparison
KCE has a 0.35% expense ratio, which is higher than BCD's 0.29% expense ratio.
Correlation
The correlation between KCE and BCD is 0.24, 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
KCE vs. BCD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Capital Markets ETF (KCE) and abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD). 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
KCE vs. BCD - Dividend Comparison
KCE's dividend yield for the trailing twelve months is around 1.56%, less than BCD's 4.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KCE SPDR S&P Capital Markets ETF | 1.56% | 1.82% | 2.42% | 1.53% | 2.20% | 2.32% | 2.67% | 1.95% | 2.30% | 2.43% | 1.59% | 1.73% |
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | 4.30% | 4.51% | 5.21% | 8.30% | 1.29% | 1.56% | 1.59% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KCE vs. BCD - Drawdown Comparison
The maximum KCE drawdown since its inception was -74.00%, which is greater than BCD's maximum drawdown of -29.79%. Use the drawdown chart below to compare losses from any high point for KCE and BCD. For additional features, visit the drawdowns tool.
Volatility
KCE vs. BCD - Volatility Comparison
SPDR S&P Capital Markets ETF (KCE) has a higher volatility of 8.74% compared to abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) at 3.83%. This indicates that KCE's price experiences larger fluctuations and is considered to be riskier than BCD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.