abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Price: $20.12
Change: $0.08 (-0.0%)
Category: Commodities
Last Updated:


Issuer Abrdn Plc
Brand Aberdeen
Structure ETF
Expense Ratio 0.25%
ETF Home Page Home page
Inception Mar 30, 2017
Index Tracked ACTIVE - No Index

Analyst Report

The Aberdeen Standard Bloomberg All Commodity Strategy K-1 Free ETF (BCI) as the name implies, offers exposure to commodity futures without the tax hassle of a K-1, which some investors avoid. The fund is actively-managed, and tries to avoid “negative roll yield,” a well-known problem of passive commodity funds that can substantially erode returns over time. There are several similar strategies on the market, and BCI is among the least expensive. But BCI hasn’t attracted the same assets and trading volume as its larger competitor, the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).

ETF Database Themes

Category Commodities
Asset Class Commodity
Region (General) Global
Region (Specific) Broad
Commodity Type Diversified
Commodity Broad
Commodity Exposure Futures-Based

FactSet Classifications

Segment Commodities: Broad Market
Category Broad Market
Focus Broad Market
Niche Extended Term
Strategy Multi-factor
Weighting Scheme Multi-Factor

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $19.95
  • 52 Week Hi $26.63
  • AUM $791.8 M
  • Shares 39.3 M

Historical Trading Data

  • 1 Month Avg. Volume 402,219
  • 3 Month Avg. Volume 414,593

Alternative ETFs in the ETF Database Commodities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FGLD 0.15% $110.8 M 40,810 9.52%
Largest (AUM) PDBC 0.59% $5.5 B 5 M -7.31%
Most Liquid (Volume) PDBC 0.59% $5.5 B 5 M -7.31%
Top YTD Performer GRN 0.75% $50.5 M 10,352 14.11%

Alternative ETFs in the FactSet Commodities: Broad Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest COMB 0.25% $147.7 M 93,308 -8.54%
Largest (AUM) PDBC 0.59% $5.5 B 5 M -7.31%
Most Liquid (Volume) PDBC 0.59% $5.5 B 5 M -7.31%
Top YTD Performer COM 0.81% $280.6 M 53,725 2.41%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BCI ETF Database Category Average FactSet Segment Average
Number of Holdings 21 11 14
% of Assets in Top 10 66.91% 79.38% 77.43%
% of Assets in Top 15 89.01% 82.36% 81.13%
% of Assets in Top 50 99.99% 84.86% 83.99%

Size Comparison

BCI ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

BCI Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

BCI Dividend

This section compares the dividend yield of this ETF to its peers.

BCI ETF Database Category Average FactSet Segment Average
Dividend $ 4.41 $ 1.45 $ 1.52
Dividend Date 2022-12-16 N/A N/A
Annual Dividend Rate $ 4.41 $ 1.98 $ 2.27
Annual Dividend Yield 21.55% 8.68% 11.02%

BCI Price and Volume Charts

View charts featuring BCI price and volume data.

BCI Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -6.05 M 1 Month Net Flows: 7.97 M 3 Month Net Flows: 16.9 M 6 Month Net Flows: 17.54 M 1 Year Net Flows: 86.43 M 3 Year Net Flows: 724.13 M 5 Year Net Flows: 783.5 M 10 Year Net Flows: 959.34 M

BCI Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -2.06 M
1 Month Net AUM Change: -19.99 M
3 Month Net AUM Change: -39.18 M
6 Month Net AUM Change: -255.86 M
1 Year Net AUM Change: -245.38 M
3 Year Net AUM Change: 621.88 M
5 Year Net AUM Change: 621.74 M
10 Year Net AUM Change: 789.29 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for BCI on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- DBC
Expenses A+ UCIB

A+ Overall Rated ETF:

BCI Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

BCI does not have an ESG score. There are no ESG themes that map to this ETF.

BCI Performance

This section shows how this ETF has performed relative to its peers.

BCI ETF Database
Category Average
Factset Segment
1 Month Return -3.22% -1.49% -3.01%
3 Month Return -7.66% -4.10% -5.06%
YTD Return -8.79% -4.78% -6.64%
1 Year Return -19.03% -9.71% -13.13%
3 Year Return 64.70% 65.73% 66.27%
5 Year Return 22.37% 11.52% 19.63%

Geographic Exposure

The following charts reflect the geographic spread of BCI's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of BCI's underlying holdings.

BCI Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 188.10%
20 Day Volatility 13.48%
50 Day Volatility 13.47%
200 Day Volatility 16.63%
Beta 0.44
Standard Deviation 1.53%
5 Day Volatility
7 of 34

20 Day Volatility
25 of 34

50 Day Volatility
26 of 34

200 Day Volatility
20 of 34

22 of 34

Standard Deviation
18 of 29


  • 20 Day MA $20.56
  • 60 Day MA $21.15
  • MACD 15 Period -0.34
  • MACD 100 Period -1.45
  • Williams % Range 10 Day 79.53
  • Williams % Range 20 Day 87.32
  • RSI 10 Day 32
  • RSI 20 Day 37
  • RSI 30 Day 39
  • Ultimate Oscillator 43

Bollinger Bands

  • Lower Bollinger (10 Day) $19.93
  • Upper Bollinger (10 Day) $20.62
  • Lower Bollinger (20 Day) $19.88
  • Upper Bollinger (20 Day) $21.22
  • Lower Bollinger (30 Day) $19.98
  • Upper Bollinger (30 Day) $21.45

Support & Resistance

  • Support Level 1 $20.03
  • Support Level 2 $19.95
  • Resistance Level 1 $20.27
  • Resistance Level 2 $20.43


  • Stochastic Oscillator %D (1 Day) 39.70
  • Stochastic Oscillator %D (5 Day) 37.93
  • Stochastic Oscillator %K (1 Day) 49.51
  • Stochastic Oscillator %K (5 Day) 36.47


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.03
  • Maximum Premium Discount (%) 0.74
  • Average Spread (%) 1.60
  • Average Spread ($) 1.60

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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