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BCI

GradeANew York Stock Exchange Arca

abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Commodities · Aberdeen Investments · Inception 2017-03-30

$26.41+0.07 (+0.28%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: up, 69 prints from 26.34 to 26.41. Range 26.27 to 26.45. Use the arrow keys to read each point.$26.30$26.35$26.4510 AM12 PM2 PM4 PM
Expense ratio
0.26%
Fund size
$3.5B
1Y return
+44.7%
Yield · Last 12 months
12.18%
Holdings
53
Volume · 30D
1.6M sh
NAV per share
$26.46
52W range
low $19.47high $26.81

The ETF.net BCI Grade

A

78/ 100

Rank 2 of 21 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for BCI. Scores out of 100: Cost 100, Risk 55, Mission not scored, Tradability 80, Holdings 42, Durability 80. Strongest: Cost (100). Weakest: Holdings (42). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 100
    Category rank1/21 · top 5%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 55
    Category rank10/21 · top 48%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 80
    Category rank2/21 · top 10%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 42
    Category rank11/14 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 80
    Category rank4/21 · top 19%

Graded as of Sep 14, 2026 · Based on 5 of 6 pillars

Our read on BCI

ETF.net Research

ABroad commodity exposure (energy, metals, grains, livestock) wrapped so your broker sends a 1099, not a K-1. It tracks the Bloomberg Commodity Index and charges one of the lowest fees in the broad-basket commodity aisle.

Stated mandate

The Fund seeks to track, before fees and expenses, the performance of the Bloomberg Commodity Index Total Return SM.

Why people hold it

  1. 01Charges 0.26% a year, against a peer-group median well north of 0.60%. In an aisle where commodity wrappers get expensive, that gap is the pitch.
  2. 02Futures sit inside a wholly owned Cayman subsidiary, which keeps the fund a 1940 Act fund and means a 1099 at tax time instead of a partnership K-1.sec.gov
  3. 03Its index caps any sector at 33% and any single commodity at 15%, reweighted annually, so crude can't quietly swallow the portfolio the way it can in production-weighted benchmarks.assets.bbhub.io
  4. 04Trading since 2017 and now a multi-billion-dollar, actively traded fund, it sits among the strongest implementations in the broad commodity basket group.

Worth knowing

  1. 01Returns come from rolling futures contracts, not warehoused metal or barrels, so the ride can diverge from the spot prices you see in headlines.sec.gov
  2. 02Cash payouts land once or twice a year at most. Commodities show up here as a diversifier, not an income stream.
  3. 03Sibling fund BCD runs the same commodity family with longer-dated contracts for 0.30%, a different answer to the roll question.

BCI Holdings

As of Sep 15, 2026, 4:54 AM
Asset class
Other
Holdings
53
Top-10 weight
67%
Largest holding
SSC GOVERNMENT MM GVMXX33.5%

Sectors

  • Financials100.0%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SSC GOVERNMENT MM GVMXX33.55%2,268,979,631$2.3B91
002—GOLD 100 OZ FUTR DEC26 XCEC 202612296.08%932$411M2
003—WTI CRUDE FUTURE NOV26 XNYM 202610204.71%3,318$318M1
004—BRENT CRUDE FUTR JAN27 IFEU 202611304.41%3,116$298M1
005—US Dollar4.12%278,412,783$278M216
006—NATURAL GAS FUTR NOV26 XNYM 202610283.04%6,902$206M2
007—COPPER FUTURE DEC26 XCEC 202612292.94%1,213$199M2
008—LOW SU GASOIL G NOV26 IFEU 202611122.79%1,350$188M1
009—CORN FUTURE DEC26 XCBT 202612142.71%6,913$183M1
010—SOYBEAN FUTURE NOV26 XCBT 202611132.69%2,804$182M2
011—NY HARB ULSD FUT NOV26 XNYM 202610302.11%711$142M1
012—TREASURY BILL 11/26 0.000002.06%140,000,000$139M14
013—TREASURY BILL 10/26 0.000001.91%130,000,000$130M18
014—TREASURY BILL 10/26 0.000001.91%130,000,000$129M17
015—LME PRI ALUM FUTR NOV26 XLME 202611161.73%1,439$117M2

Showing 1–15 of 39 holdings

BCI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BCI$14,468
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,702
Sep 12, 2025 to Sep 14, 2026. BCI $14,468. SPY $11,702. Use the arrow keys to read each point.$9,296$12,183$15,069Sep 2025Mar 2026Sep 2026

Sep 12, 2025 – Sep 14, 2026

Returns run to the Sep 14, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BCI. Periods over one year show the average yearly return.
PeriodBCI
Year to date+35.4%
1 month+7.7%
3 months+13.1%
1 year+44.7%
3 years+15.1%per year
5 years+11.7%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BCI
YearReturn barBCI
2026 YTD+35.4%
2025+14.9%
2024+5.5%
2023−8.8%
2022+15.2%
2021+25.8%
2020−2.8%

BCI in the news

BCI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 14, 2026.
12.18%Last 12 months
Payout per share
$3.22Last 12 months
Last payment
$3.22 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 18, 2017 $1.23; Dec 20, 2018 $0.24; Dec 19, 2019 $0.33; Dec 21, 2020 $0.15; Dec 21, 2021 $4.47; Dec 16, 2022 $4.41; Dec 15, 2023 $0.76; Dec 19, 2024 $0.65; Dec 30, 2025 $3.22. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$3.22
Dec 19, 2024Dec 20, 2024$0.65
Dec 15, 2023Dec 20, 2023$0.76
Dec 16, 2022Dec 21, 2022$4.41
Dec 21, 2021Dec 29, 2021$4.47
Dec 21, 2020Dec 29, 2020$0.15
Dec 19, 2019Dec 27, 2019$0.33
Dec 20, 2018Dec 28, 2018$0.24
Dec 18, 2017Dec 28, 2017$1.23

BCI Risk

How much the fund’s monthly returns vary, scaled to a year.
14.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.72
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−26.4%
Trough May 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BCI Cost

Expense ratio0.26%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

No Broad Commodity Futures fund charges less.

BCI costs $26.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.