SEA vs. BCIM

Last updated Apr 1, 2026

Compare and contrast key facts about U.S. Global Sea to Sky Cargo ETF (SEA) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM).

SEA and BCIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEA is a passively managed fund by US Global that tracks the performance of the U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. It was launched on Jan 19, 2022. 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 SEA 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

SEA vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Sea to Sky Cargo ETF (SEA) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

SEA vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEA U.S. Global Sea to Sky Cargo ETF	19.09%	16.78%	2.52%	19.33%	-17.28%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-10.04%

Returns By Period

SEA

• 1D: 2.77%
• 1M: -0.20%
• YTD: 19.09%
• 6M: 27.29%
• 1Y: 44.88%
• 3Y*: 16.19%
• 5Y*: —
• 10Y*: —

BCIM

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

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

SEA vs. BCIM - Expense Ratio Comparison

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

SEA

U.S. Global Sea to Sky Cargo ETF

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

Return for Risk

SEA vs. BCIM — Risk / Return Rank

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

SEA

SEA Risk / Return Rank: 92
SEA Sharpe Ratio Rank: 93
SEA Sortino Ratio Rank: 94
SEA Omega Ratio Rank: 93
SEA Calmar Ratio Rank: 88
SEA Martin Ratio Rank: 93

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.

SEA vs. BCIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Sea to Sky Cargo ETF (SEA) 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.

	SEA	BCIM	Difference
Sharpe ratio Return per unit of total volatility	2.16	—	—
Sortino ratio Return per unit of downside risk	2.86	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	2.76	—	—
Martin ratio Return relative to average drawdown	13.29	—	—
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

	SEA	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Correlation

The correlation between SEA and BCIM is 0.35, 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

SEA vs. BCIM - Dividend Comparison

SEA's dividend yield for the trailing twelve months is around 5.67%, more than BCIM's 3.77% yield.

	TTM	2025	2024	2023	2022	2021
SEA U.S. Global Sea to Sky Cargo ETF	5.67%	6.76%	18.47%	9.85%	18.73%	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

	SEA	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-39.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.06%	—	—
Current Drawdown Current decline from peak	-2.48%	—	—
Average Drawdown Average peak-to-trough decline	-14.84%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	—	—

Volatility

Volatility by Period

	SEA	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.87%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.87%	—	—