SETM vs. BCIM

Last updated Apr 1, 2026

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 Aberdeen 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.

Performance

SETM vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Energy Transition Materials ETF (SETM) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

SETM vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SETM Sprott Energy Transition Materials ETF	14.27%	95.27%	-13.24%	-11.03%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-14.69%

Returns By Period

SETM

• 1D: 5.82%
• 1M: -14.37%
• YTD: 14.27%
• 6M: 33.70%
• 1Y: 137.98%
• 3Y*: 26.40%
• 5Y*: —
• 10Y*: —

BCIM

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

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

SETM vs. BCIM - Expense Ratio Comparison

SETM has a 0.65% expense ratio, which is higher than BCIM's 0.41% expense ratio.

SETM

Sprott Energy Transition Materials ETF

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

Return for Risk

SETM vs. BCIM — Risk / Return Rank

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

SETM

SETM Risk / Return Rank: 96
SETM Sharpe Ratio Rank: 98
SETM Sortino Ratio Rank: 96
SETM Omega Ratio Rank: 94
SETM Calmar Ratio Rank: 97
SETM Martin Ratio Rank: 96

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.

SETM vs. BCIM - Risk-Adjusted Trends 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.

	SETM	BCIM	Difference
Sharpe ratio Return per unit of total volatility	3.03	—	—
Sortino ratio Return per unit of downside risk	3.18	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	5.08	—	—
Martin ratio Return relative to average drawdown	17.14	—	—
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

	SETM	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	—	—

Correlation

The correlation between SETM and BCIM is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SETM vs. BCIM - Dividend Comparison

SETM's dividend yield for the trailing twelve months is around 1.37%, less than BCIM's 3.77% yield.

	TTM	2025	2024	2023	2022	2021
SETM Sprott Energy Transition Materials ETF	1.37%	1.56%	2.07%	2.47%	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

	SETM	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	—	—
Current Drawdown Current decline from peak	-16.74%	—	—
Average Drawdown Average peak-to-trough decline	-14.59%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.67%	—	—

Volatility

Volatility by Period

	SETM	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.92%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.22%	—	—