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abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

BCIM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2021
Expense Ratio
0.39%
Type
Global Commodities & Metals
Fund Owner
Aberdeen
Volume (1m avg. daily)
$74,890
AUM
$33,326,267
Associated Index
Bloomberg Industrial Metals Sub-Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
AIM GOVERNMENT AGENCY AIM GOVY AND AGENCY FD ASTITGA
2.54%
n/a
TREASURY BILL 02/23 0.00000
2.23%
n/a
TREASURY BILL 02/23 0.00000
2.23%
n/a
TREASURY BILL 02/23 0.00000
2.23%
n/a
TREASURY BILL 02/23 0.00000
2.23%
n/a
TREASURY BILL 02/23 0.00000
2.22%
n/a
TREASURY BILL 02/23 0.00000
2.22%
n/a
TREASURY BILL 02/23 0.00000
2.22%
n/a
TREASURY BILL 03/23 0.00000
2.22%
n/a
TREASURY BILL 03/23 0.00000
2.22%
Invest with BCIM

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 JJN, DBB, USCI

BCIM
abrdn ETF - abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF
JJN
Barclays Bank PLC - iPath Series B Bloomberg Nickel Subindex Total Return ETN
DBB
Invesco DB Multi-Sector Commodity Trust - Invesco DB Base Metals Fund
USCI
United States Commodity Funds LLC - United States Commodity Index Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
NBCM
Neuberger Berman ETF Trust - Commodity Strategy ETF
GCC
WisdomTree Commodity Services LLC - WisdomTree EnhancedContinuous Commodity Index Fund
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
COMB
GraniteShares Gold Trust - GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
JJC
Barclays Bank PLC - iPath Series B Bloomberg Copper Subindex Total Return ETN

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

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with BCIM using Composer

FAQ

BCIM is a Global Commodities & Metals ETF. 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.

The top holdings for BCIM include AIM GOVERNMENT AGENCY AIM GOVY AND AGENCY FD ASTITGA, TREASURY BILL 02/23 0.00000, and TREASURY BILL 02/23 0.00000.

BCIM has 28 total holdings.

BCIM tracks the Bloomberg Industrial Metals Sub-Index.

No, BCIM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BCIM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BCIM is 0.0294%. This is the percent change in the value of BCIM over the most recent 1-month period. The 3-month return on BCIM is 0.1074%. This is the percent change in the value of BCIM over the most recent 3-month period.

The standard deviation of BCIM for the past year is 0.3647%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BCIM include JJM, GLD, and PPLT.

ETFs correlated to BCIM include JJN, DBB, and USCI.

ETFs that are inversely correlated to BCIM include GLL, DUST, and GDXD.

Disclaimers

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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.