BCI vs CMDT
abrdn Bloomberg All Commodity Strategy K-1 Free ETF vs PIMCO Commodity Strategy Active Exchange-Traded Fund
Which is better, BCI or CMDT?
Each has led over a different period.
BCI has a lower expense ratio. BCI led over 1Y and 3Y, CMDT over the full window. The two have moved almost in lockstep, correlation 0.92.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCI | CMDT |
|---|---|---|
| Expense Ratio | 0.26%Best | 0.65% |
| AUM | $3.5B | $845M |
| Dividend Yield | 12.50% | 1.79% |
| Holdings | 16 | 409 |
| YTD Return | +34.25%Best | +30.45% |
| 1Y Return | +40.43%Best | +31.87% |
| 3Y Return (annualized) | +15.77%Best | +14.77% |
| 5Y Return (annualized) | +10.19% | - |
| Volatility (annualized) | 13.6% | 11.5%Best |
| Max Drawdown | -14.8% | -13.2%Best |
| $10,000 over 3.4 years | $16,102 | $16,467Best |
| Fund Family | Aberdeen | PIMCO (US) |
| Category | Commodity | Commodity |
| Style | Commodities | Commodities |
| Inception | Mar 30, 2017 | May 9, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 10, 2023 to Oct 15, 2026 (3.4 years).
BCI vs CMDT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
BCI vs CMDT Performance
abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an ETF from Aberdeen and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) is an ETF from PIMCO (US). Over the past year BCI returned +40.43% while CMDT returned +31.87%. Year to date, BCI is up 34.25% versus a gain of 30.45% for CMDT.
Over three years, BCI compounded at +15.77% per year against +14.77% for CMDT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCI has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.5% for CMDT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.8% for BCI and -13.2% for CMDT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BCI charges 0.26% per year while CMDT charges 0.65%. On a $10,000 position that is $26 vs $65 annually, a gap of $39 per year that compounds over a long holding period. On income, BCI currently yields 12.50% against 1.79% for CMDT.
Holdings Overlap
We hold position weights for 2 holdings in BCI and 159 in CMDT, totalling 93.0% and 46.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in BCI and 159 in CMDT, against full books of 16 and 409.
You are not choosing between two funds in isolation.
Whichever of BCI and CMDT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCI or CMDT?
BCI has an expense ratio of 0.26% while CMDT charges 0.65%. BCI is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, BCI or CMDT?
Over the past year BCI returned +40.43% vs +31.87% for CMDT, so BCI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCI or CMDT?
BCI has been the more volatile fund at 13.6% annualized versus 11.5% for CMDT. Worst drawdown: BCI -14.8% vs CMDT -13.2%.
Should I hold both BCI and CMDT?
BCI and CMDT have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BCI or CMDT?
BCI yields 12.50% while CMDT yields 1.79%, so BCI currently pays the higher dividend yield.
Is CMDT better than BCI?
BCI has a lower expense ratio. BCI led over 1Y and 3Y, CMDT over the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.