PALL vs. BCIM

Last updated Apr 1, 2026

Compare and contrast key facts about Aberdeen Standard Physical Palladium Shares ETF (PALL) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM).

PALL and BCIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PALL is a passively managed fund by Aberdeen that tracks the performance of the Palladium London PM Fix ($/ozt). It was launched on Jan 6, 2010. BCIM is a passively managed fund by Aberdeen that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. Both PALL and BCIM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PALL vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Palladium Shares ETF (PALL) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

PALL vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PALL Aberdeen Standard Physical Palladium Shares ETF	-7.34%	74.07%	-17.38%	-38.77%	-6.28%	-5.17%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-3.29%	4.17%

Returns By Period

PALL

• 1D: 5.15%
• 1M: -17.05%
• YTD: -7.34%
• 6M: 17.99%
• 1Y: 48.77%
• 3Y*: -0.08%
• 5Y*: -11.63%
• 10Y*: 9.50%

BCIM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PALL vs. BCIM - Expense Ratio Comparison

PALL has a 0.60% expense ratio, which is higher than BCIM's 0.41% expense ratio.

PALL

Aberdeen Standard Physical Palladium Shares ETF

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

Return for Risk

PALL vs. BCIM — Risk / Return Rank

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

PALL

PALL Risk / Return Rank: 58
PALL Sharpe Ratio Rank: 59
PALL Sortino Ratio Rank: 60
PALL Omega Ratio Rank: 60
PALL Calmar Ratio Rank: 62
PALL Martin Ratio Rank: 50

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.

PALL vs. BCIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Palladium Shares ETF (PALL) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). 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.

	PALL	BCIM	Difference
Sharpe ratio Return per unit of total volatility	1.01	—	—
Sortino ratio Return per unit of downside risk	1.48	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.51	—	—
Martin ratio Return relative to average drawdown	4.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PALL	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	—	—

Correlation

The correlation between PALL and BCIM is 0.36, 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.

Dividends

PALL vs. BCIM - Dividend Comparison

PALL has not paid dividends to shareholders, while BCIM's dividend yield for the trailing twelve months is around 3.77%.

	TTM	2025	2024	2023	2022	2021
PALL Aberdeen Standard Physical Palladium Shares ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	3.77%	3.77%	11.47%	3.36%	0.72%	1.57%

Drawdowns

Drawdown Indicators

	PALL	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-73.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-34.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-73.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.63%	—	—
Current Drawdown Current decline from peak	-54.34%	—	—
Average Drawdown Average peak-to-trough decline	-26.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	11.31%	—	—

Volatility

Volatility by Period

	PALL	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	48.74%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.71%	—	—