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BCI vs DCMT

abrdn Bloomberg All Commodity Strategy K-1 Free ETF

BCIANYSE Arca

DoubleLine Commodity Strategy ETF

DCMTCNYSE Arca

Overlap

Expense ratio

BCI −0.40pt a year

BCI0.26%DCMT0.66%

Avg volume · 30D

BCI 140.0×the volume

BCI1.61MDCMT11.5K

BCI vs DCMT Performance

Nov 7, 2025 – Nov 9, 2026

+28.7%BCI+36.7%DCMT

Nov 7, 2025 to Nov 9, 2026. BCI +28.7%. DCMT +36.7%. Use the arrow keys to read each point.0%10%20%50%Nov 2025May 2026Nov 2026
Expense ratio
BCI 0.26%, better
DCMT 0.66%
Fund size
BCI $3.31B
DCMT $48M
1Y total return
BCI +28.7%
DCMT +36.7%, better
Yield (12M)
BCI 13.13%, better
DCMT 2.69%
Holdings
BCI 44
DCMT 11
Avg volume (30D)
BCI 1.61M sh, better
DCMT 11.5K sh
NAV per share
BCI $24.68
DCMT $36.27
52W range

ETF.net Grade

BCI: Cost 93, Risk 52, Mission not scored, Tradability 78, Holdings 39, Durability 77. DCMT: Cost 55, Risk 42, Mission not scored, Tradability 28, Holdings not scored, Durability 26.
Pillar letters and Scores for BCI, DCMT, with each pillar’s weight
PillarBCIDCMT
Cost30% weightA93HigherB55
Mission25% weightNot scoredNot scored
Risk15% weightC52HigherC42
Tradability15% weightA78HigherD28
Holdings10% weightD39Not scored
Durability5% weightA77HigherD26

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BCI and DCMT are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds
See all 22 ›

BCI ranks 2nd and DCMT 15th of 22 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 78
  2. Rank 2ABCIabrdn Bloomberg All Commodity Strategy K-1 Free ETFScore 73
  3. Rank 3BCMDYiShares Bloomberg Roll Select Commodity Strategy ETFScore 69
  4. Rank 15CDBCInvesco DB Commodity Index Tracking FundScore 43
  5. Rank 15CDCMTDoubleLine Commodity Strategy ETFScore 43
  6. Rank 15CISTMiShares Strategic Metals ETFScore 43

Our read on each fund

ETF.net Research

BCIAabrdn Bloomberg All Commodity Strategy K-1 Free ETF

DCMTCDoubleLine Commodity Strategy ETF

In short

BCI Broad 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.

DCMT DoubleLine's 2024 arrival in broad commodities: one long, global basket measured against the Bloomberg Commodity Total Return Index, wrapped as a 1940 Act fund and priced near the middle of the category.

Stated mandate

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

DCMT The fund seeks total return over full market cycles through long exposure to commodity-related investments.

Why people hold it

  • BCI 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.
  • DCMT One ticket to a diversified global commodity book. The mandate is long exposure to commodity-related investments, measured against the Bloomberg Commodity Total Return Index.doubleline.com
  • A 0.66% expense ratio lands around the middle of the broad-basket commodity crowd, not at a premium.
  • Structured as a 1940 Act registered fund, the same wrapper behind the category's K-1-free options, so holders get standard fund tax reporting instead of partnership paperwork.doubleline.com

Worth knowing

  • BCI 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.
  • DCMT The cheap seats are elsewhere. BCI (0.26%) and CMDY (0.29%) cover similar Bloomberg commodity ground for well under half the fee.
  • Launched in 2024, so the live record is short and the fund is small next to the category's entrenched names.
  • It trades lightly compared with the category's heavyweights, which can mean wider spreads at the moment you transact.

Full BCI profile⁠

Full DCMT profile⁠

BCI vs DCMT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BCI vs DCMT Cost

Overpaying DCMT vs BCI

$7,538

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

  • BCI 0.26%

    $5,358

  • DCMT 0.66%

    $12,896

$10,000
30 years

Cost over time

  • BCI 0.26%
  • DCMT 0.66%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530DCMT $12,896BCI $5,358

Year by year

YearBCIDCMTOverpaying
10$473$1,180$707
20$1,838$4,504$2,666
30$5,358$12,896$7,538

Expense ratio

  • 0.26%BCI, cheaper
  • 0.66%DCMT
  • Middle half of Broad Commodity Futures funds
  • Median 0.67%

BCI 3rd cheapest of 22 funds

DCMT 11th cheapest of 22 funds

BCI vs DCMT Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
BCI 13.13%, better
DCMT 2.69%
Payout (12M)
BCI $3.22
DCMT $0.96
Last payment
BCI $3.22
DCMT $0.96
Ex-dividend
BCI Dec 30, 2025
DCMT Dec 23, 2025
Paid on
BCI Dec 31, 2025
DCMT Dec 30, 2025
Frequency
BCI Annual
DCMT Annual

Distribution history

Per share, 2017 to 2026, same scale for both

BCIAnnual · 9 paymentsAll BCI payments⁠
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.$0$52017202020232026YTD
DCMTAnnual · 2 paymentsAll DCMT payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 23, 2024 $0.41; Dec 23, 2025 $0.96. Use the arrow keys to read each point.$0$52017202020232026YTD

BCI vs DCMT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BCI 14.1%DCMT 16.0%since Mar 2024
Return per unit of riskSharpe ratio, 3 years
BCI 0.74DCMT 0.98since Mar 2024
Worst fallMax drawdown, 5 years
BCI −26.4%DCMT −16.0%since Feb 2024
Market sensitivityBeta, 5 years
BCI 1.00DCMT −0.04

BCI and DCMT in the news

All news⁠

Popular comparisons

  • BCIAvsCERYA

    abrdn Bloomberg All Commodity Strategy K-1 Free ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.26% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCERYA

    DoubleLine Commodity Strategy ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.66% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BCIAvsCMDYB

    abrdn Bloomberg All Commodity Strategy K-1 Free ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.26% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCMDYB

    DoubleLine Commodity Strategy ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.66% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BCIAvsCOMBB

    abrdn Bloomberg All Commodity Strategy K-1 Free ETF · GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

    Expense ratio
    0.26% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCOMBB

    DoubleLine Commodity Strategy ETF · GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

    Expense ratio
    0.66% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.