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, issued by Aberdeen Standard Investments, is a $3.37 billion commodity fund holding 71.3% of its assets in the top ten positions, with State Street Global Advisors representing the largest single stake at 25.8%. Rated B with a score of 76.0 out of 100, it ranks 1 of 22 within its category and 38 of 458 across all tracked ETFs. The fund’s 0.26% expense ratio sits well below the category median of 0.595%, while its 10.59% dividend yield significantly exceeds the category median of 0.00%.

Over the past year, the ETF has delivered a 45.14% return, outperforming the category median of 30.08% and contributing to a 3-year total return of 51.98%. Short-term momentum remains strong, with gains of 9.86% over one month and 13.09% over six months, while year-to-date performance stands at 33.84%. The current price of $26.18 places the fund at 97.8% of its 52-week range, indicating it is trading near its recent highs. The B grade has remained unchanged across the last 35 tracked days, based on a price history spanning 3.0 years.

With a beta of 1.00, the fund moves in lockstep with the broader market, accompanied by an annualized volatility of 18.04% labeled as Moderate. A Sharpe ratio of 2.23 suggests efficient risk-adjusted returns, supported by a maximum drawdown of -14.82%. Liquidity is robust, evidenced by an average daily volume of 1,721,430 shares and a bid-ask spread of 0.00%. These metrics collectively describe a fund that has provided steady returns with manageable downside risk and high tradability.

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: 4.78% (as of 2026-09-04) — 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): 15.30 (as of 2026-09-07) — 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 2026-08-01) — 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 0.00% 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 $3.37B 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