Correlation
The correlation between SETM and BCIM is 0.25, 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.
SETM vs. BCIM
Compare and contrast key facts about Sprott Energy Transition Materials ETF (SETM) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM).
SETM and BCIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. BCIM is a passively managed fund by abrdn that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. Both SETM 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SETM or BCIM.
Performance
SETM vs. BCIM - Performance Comparison
Loading data...
Key characteristics
SETM:
-0.59
BCIM:
-0.50
SETM:
-0.79
BCIM:
-0.74
SETM:
0.91
BCIM:
0.91
SETM:
-0.55
BCIM:
-0.29
SETM:
-1.25
BCIM:
-1.07
SETM:
18.81%
BCIM:
10.99%
SETM:
37.21%
BCIM:
19.34%
SETM:
-42.81%
BCIM:
-43.36%
SETM:
-26.58%
BCIM:
-35.16%
Returns By Period
In the year-to-date period, SETM achieves a -0.66% return, which is significantly lower than BCIM's 2.26% return.
SETM
-0.66%
5.80%
-14.22%
-21.89%
N/A
N/A
N/A
BCIM
2.26%
1.80%
-0.59%
-9.48%
-4.87%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SETM vs. BCIM - Expense Ratio Comparison
SETM has a 0.65% expense ratio, which is higher than BCIM's 0.41% expense ratio.
Risk-Adjusted Performance
SETM vs. BCIM — Risk-Adjusted Performance Rank
SETM
BCIM
SETM vs. BCIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) 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.
Loading data...
Dividends
SETM vs. BCIM - Dividend Comparison
SETM's dividend yield for the trailing twelve months is around 2.07%, less than BCIM's 11.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 2.07% | 2.06% | 2.47% | 0.00% | 0.00% |
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF | 11.22% | 11.47% | 3.35% | 0.71% | 1.57% |
Drawdowns
SETM vs. BCIM - Drawdown Comparison
The maximum SETM drawdown since its inception was -42.81%, roughly equal to the maximum BCIM drawdown of -43.36%. Use the drawdown chart below to compare losses from any high point for SETM and BCIM.
Loading data...
Volatility
SETM vs. BCIM - Volatility Comparison
Sprott Energy Transition Materials ETF (SETM) has a higher volatility of 6.42% compared to abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) at 4.32%. This indicates that SETM's price experiences larger fluctuations and is considered to be riskier than BCIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...