abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF
Snapshot*
Top 10 Holdings
What is BCIM?
The Aberdeen Bloomberg Industrial Metals Strategy K-1 Free ETF (the "Fund") seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Industrial Metals Subindex.
ETFs related toBCIM
ETFs correlated to BCIM include DBB, CPER, COPX
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toBCIM
Pick the Trending Commodity
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News Related to BCIM
Reported Friday, AIM ImmunoTech Receives NYSE American Delisting Notice Due To Low Stock Price, Plans To Appeal
Apr 7, 2025 • by Benzinga NewsdeskAIM ImmunoTech Enters $3M Equity Distribution Agreement With Maxim Group For "At the Market" Offering
Apr 4, 2025 • by Benzinga NewsdeskWhy Xos Shares Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket
Mar 31, 2025 • by Avi Kapoor
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.