BCI — abrdn Bloomberg All Commodity Strategy K-1 Free ETF

BCI Price Performance — Growth of $10,000

Value of a $10,000 investment in BCI over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

BCI Drawdown

The "underwater" chart: BCI's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF, trading under the ticker BCI, is a Commodities fund issued by Aberdeen Standard Investments. With $2.28 billion in assets under management and a share price of $24.49, the fund has attracted significant investor adoption within its sector. It currently holds an overall rank of #57 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 74.5 out of 100. The fund charges an expense ratio of 0.26% while offering a dividend yield of 14.45%. This combination of a moderate expense ratio and high yield suggests a focus on income generation alongside commodity exposure. The fund is one of 22 ETFs tracked by ETFValuer in the Commodities category.

Over the last day, the fund declined by 0.57%, following a weekly gain of 2.86% and a monthly surge of 10.97%. The three-month return shows a slight contraction of 0.37%, contrasting with a stronger six-month performance of 16.90%. Year-to-date returns have accelerated significantly to 25.20%, building on a one-year return of 33.99%. The longer-term trajectory remains robust, with a three-year return of 42.43% indicating sustained growth over the period. This pattern reflects a mix of short-term volatility and strong cumulative gains over extended horizons.

The fund carries a Moderate volatility label and a Beta of 1.00, indicating that its price movements generally align with the broader market's direction and magnitude. A Sharpe ratio of 1.66 suggests the fund has generated a favorable return relative to the amount of risk taken during the measured period. However, the maximum drawdown of -14.82% highlights the potential for significant temporary losses during market downturns. This combination of metrics implies a profile where the fund participates fully in market moves while delivering strong risk-adjusted returns, despite experiencing notable drawdowns. The data points to a fund that balances moderate market sensitivity with a history of positive risk-adjusted performance.

AI-generated summary based on the data on this page.

BCI Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 46.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how BCI's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With BCI

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with BCI's top 10 — SPAB overlaps most, holding 2 of the same companies as BCI's top 10 (46.6% of BCI's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

BCI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 4.62% and average daily volume is 1.7M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.28B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: BCI is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

BCI Performance History

How BCI Compares to Other Commodities ETFs