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, the fund has achieved significant investor adoption relative to its 22 peers tracked within the Commodities category. It currently holds an overall rank of #78 out of 458 ETFs across all categories, earning an ETFValuer grade of B with a score of 72.2 out of 100. The fund charges an expense ratio of 0.26% while offering a dividend yield of 14.45%, which is notably high compared to many other investment vehicles. Its current share price stands at $23.65, reflecting the market valuation of its underlying commodity exposures. This combination of substantial assets, a mid-tier overall rank, and a high income profile suggests a fund that has attracted significant capital despite its specific commodity focus.

Over the most recent trading day, the fund declined by 0.88%, following a broader weekly drop of 2.43%. However, the one-month performance reversed this trend with a gain of 6.10%, indicating a short-term recovery phase. The three-month return shows a contraction of 4.06%, suggesting that the recent monthly gains have not yet fully offset earlier losses. In contrast, the six-month return stands at +9.80%, and year-to-date performance has accelerated significantly to +20.91%. This upward momentum continues into the longer term, with a one-year return of +30.50% and a three-year return of +40.69%. The data illustrates a pattern where short-term volatility has been overshadowed by strong multi-year appreciation.

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 1.44 suggests that the fund has generated a favorable amount of excess return for each unit of risk taken over the measured period. Despite these positive risk-adjusted metrics, the fund experienced a maximum drawdown of -14.82%, highlighting the potential for significant temporary declines in value. This combination of moderate volatility and a beta of 1.00 implies the fund moves in tandem with market swings without amplifying them excessively. The high Sharpe ratio alongside the specific drawdown figure indicates that while the fund faces periods of decline, its long-term returns have historically compensated investors well for those risks.

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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 — 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