BCD vs CMDT
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF vs PIMCO Commodity Strategy Active Exchange-Traded Fund
Which is better, BCD or CMDT?
CMDT has been ahead.
BCD has a lower expense ratio. CMDT led over 1Y, 3Y and 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 | BCD | CMDT |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.65% |
| AUM | $450M | $845M |
| Dividend Yield | 13.87% | 1.79% |
| Holdings | 41 | 409 |
| YTD Return | +26.64% | +31.00%Best |
| 1Y Return | +32.63% | +33.00%Best |
| 3Y Return (annualized) | +14.45% | +14.94%Best |
| 5Y Return (annualized) | +10.69% | - |
| Volatility (annualized) | 11.1%Best | 11.5% |
| Max Drawdown | -12.7%Best | -13.2% |
| $10,000 over 3.4 years | $15,335 | $16,544Best |
| 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 14, 2026 (3.4 years).
BCD 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.
BCD vs CMDT Performance
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) is an ETF from Aberdeen and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) is an ETF from PIMCO (US). Over the past year BCD returned +32.63% while CMDT returned +33.00%. Year to date, BCD is up 26.64% versus a gain of 31.00% for CMDT.
Over three years, BCD compounded at +14.45% per year against +14.94% for CMDT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CMDT has been the more volatile fund, with annualized monthly volatility of 11.5% compared with 11.1% for BCD. 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 -12.7% for BCD 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
BCD charges 0.30% per year while CMDT charges 0.65%. On a $10,000 position that is $30 vs $65 annually, a gap of $35 per year that compounds over a long holding period. On income, BCD currently yields 13.87% against 1.79% for CMDT.
Holdings Overlap
We hold position weights for 1 holding in BCD and 159 in CMDT, totalling 40.4% 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 1 positions we hold weights for in BCD and 159 in CMDT, against full books of 41 and 409.
You are not choosing between two funds in isolation.
Whichever of BCD 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, BCD or CMDT?
BCD has an expense ratio of 0.30% while CMDT charges 0.65%. BCD is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, BCD or CMDT?
Over the past year BCD returned +32.63% vs +33.00% for CMDT, so CMDT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCD or CMDT?
CMDT has been the more volatile fund at 11.5% annualized versus 11.1% for BCD. Worst drawdown: BCD -12.7% vs CMDT -13.2%.
Should I hold both BCD and CMDT?
BCD 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, BCD or CMDT?
BCD yields 13.87% while CMDT yields 1.79%, so BCD currently pays the higher dividend yield.
Is CMDT better than BCD?
BCD has a lower expense ratio. CMDT led over 1Y, 3Y and 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.