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 is a commodities fund issued by Aberdeen Standard Investments with $3.46 billion in assets under management. It holds a B+ grade and ranks 1 of 22 within its category, placing it in the top percentile of similar funds. The fund’s 0.26% expense ratio is significantly lower than the category median of 0.595%, while its 12.23% dividend yield substantially exceeds the 2.89% median. Top holdings comprise 71.3% of assets, with the largest position being State Street Global Advisors at 25.8%.

The fund has delivered a 39.67% return over the past year, outperforming the category median of 9.06% by a wide margin. Short-term momentum has softened, with one-month and one-week returns of -0.90% and -0.38% respectively, contrasting with the strong 34.56% year-to-date gain. The current price of $26.32 sits at 92.9% of its 52-week range, indicating it is near the upper end of its recent trading band. The ETFValuer grade was upgraded from B to B+ on 2026-09-10, reflecting the positive trajectory of its recent performance.

With a beta of 1.00, the fund moves in lockstep with the broader market, while its 17.95% annualized volatility is classified as moderate. The Sharpe ratio of 1.93 suggests efficient risk-adjusted returns relative to the volatility experienced. A maximum drawdown of -14.82% indicates the largest peak-to-trough decline recorded during the available three-year price history. Liquidity is supported by an average daily volume of 1,403,126 shares, facilitating standard trading activity.

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

BCI Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 71.3% 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 (71.3% 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

BCI Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.4M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $3.46B 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