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Launched

abrdn Bloomberg All Commodity Strategy K-1 Free ETF

BCINYSE ArcaAberdeen InvestmentsA

$25.18−0.56 (−2.18%)

At close: Nov 2, 2026, 4:00 PM ET

A78/ 100

Rank 2 of 21 in Broad Commodity Futures

A78/100Rank 2 of 21inBroad Commodity Futures
Intraday session: down, 79 prints from 25.74 to 25.18. Range 25.15 to 25.43. Use the arrow keys to read each point.25.3025.4025.5025.6010 AM12 PM2 PM4 PM
History starts Mar 31, 2017.
Expense ratio
0.26%
Fund size
$3.48B
1Y total return
+44.7%
Yield · Last 12 months
12.18%
Holdings
39
Avg volume · 30D
1.56M sh
52W range
low $19.47high $26.81
Launched

The ETF.net BCI Grade

As of · Based on 5 of 6 pillars

A

Score 78 out of 100

Category
Broad Commodity Futures⁠
Rank
2 of 21
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.

Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A100 out of 100
    Rank 1 of 21

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 10 of 21

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A80 out of 100
    Rank 2 of 21

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 11 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 4 of 21

Our read on BCI

ETF.net Research

In short

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

  • Charges 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.
  • Futures 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
  • Its 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.bbhub.io
  • Trading 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

  • Returns 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
  • Cash payouts land once or twice a year at most. Commodities show up here as a diversifier, not an income stream.
  • Sibling fund BCD runs the same commodity family with longer-dated contracts for 0.30%, a different answer to the roll question.

BCI Holdings

Holdings pillarC42 out of 100Rank 11 of 14 in Broad Commodity FuturesAs of
Asset class
Other
Holdings
39
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 valueHeld by ETFs
1No dataSSC GOVERNMENT MM GVMXX33.55%2,268,979,631$2.27B91
2No dataGOLD 100 OZ FUTR DEC26 XCEC 202612296.08%932$411M2
3No dataWTI CRUDE FUTURE NOV26 XNYM 202610204.71%3,318$318M1
4No dataBRENT CRUDE FUTR JAN27 IFEU 202611304.41%3,116$298M1
5No dataUS Dollar4.12%278,412,783$278M216
6No dataNATURAL GAS FUTR NOV26 XNYM 202610283.04%6,902$206M2
7No dataCOPPER FUTURE DEC26 XCEC 202612292.94%1,213$199M2
8No dataLOW SU GASOIL G NOV26 IFEU 202611122.79%1,350$188M1
9No dataCORN FUTURE DEC26 XCBT 202612142.71%6,913$183M1
10No dataSOYBEAN FUTURE NOV26 XCBT 202611132.69%2,804$182M2
11No dataNY HARB ULSD FUT NOV26 XNYM 202610302.11%711$142M1
12No dataTREASURY BILL 11/26 0.000002.06%140,000,000$139M14
13No dataTREASURY BILL 10/26 0.000001.91%130,000,000$130M18
14No dataTREASURY BILL 10/26 0.000001.91%130,000,000$129M17
15No dataLME PRI ALUM FUTR NOV26 XLME 202611161.73%1,439$117M2

Showing 1–15 of 39 holdings

BCI Performance

Launched Mar 30, 2017

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

Not enough history yet.
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.$10,000$12,000$14,000Sep 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.

As of
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 yearsper year+15.1%
5 yearsper year+11.7%
10 yearsFund is under 10 years oldper yearNo data

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

$10,000 in BCI 5 years ago paid $4,969 in dividends.

BCI Risk

Risk pillarB55 out of 100Rank 10 of 21 in Broad Commodity Futures
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.

FMP measures it over up to five years of monthly returns.

BCI Cost

Compare BCI and SDMF

Overpaying vs SDMF, cheapest in Broad Commodity Futures

$1,001

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BCI 0.26%

    $5,358

  • SDMF 0.21% Cheapest

    $4,357

$10,000
30 years

Cost over time

  • BCI 0.26%
  • SDMF 0.21%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530BCI $5,358SDMF $4,357

Year by year

YearBCISDMFOverpaying
10$473$383$90
20$1,838$1,491$347
30$5,358$4,357$1,001

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