Aberdeen Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM)
| Assets | $26.77M |
| NAV | $21.76 |
| Expense Ratio | 0.39% |
| PE Ratio | n/a |
| Shares Out | 1.23M |
| Dividend (ttm) | $0.40 |
| Dividend Yield | 1.88% |
| Ex-Dividend Date | Dec 21, 2021 |
| 1-Year Return | -13.28% |
| Volume | 140 |
| Open | 21.85 |
| Previous Close | 21.46 |
| Day's Range | 21.85 - 21.94 |
| 52-Week Low | 19.92 |
| 52-Week High | 37.26 |
| Beta | 1.06 |
| Holdings | 10 |
| Inception Date | Sep 21, 2021 |
About BCIM
abrdn ETFs - abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF is an exchange traded fund launched and managed by Aberdeen Standard Investments ETFs Advisors LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in fixed income and commodity markets of the United States. For its fixed income portion, it invests in short-term investment grade fixed-income securities including U.S. government securities and money market instruments. For its commodity portion, the fund uses derivatives such as futures contracts to invest in industrial metals. It invests in commodities through a wholly owned Cayman Islands subsidiary. The fund seeks to track the performance of the Bloomberg Industrial Metals Total Return Subindex, by using representative sampling technique. abrdn ETFs - abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF was formed on September 23, 2021 and is domiciled in the United States.
Top 10 Holdings
99.99% of assets| Name | Symbol | Weight |
|---|---|---|
| COPPER FUTURE DEC21 XCEC 20211229 | n/a | 16.80% |
| LME PRI ALUM FUTR JAN22 XLME 20220117 | n/a | 13.37% |
| LME ZINC FUTURE JAN22 XLME 20220117 | n/a | 7.82% |
| LME NICKEL FUTURE JAN22 XLME 20220117 | n/a | 5.89% |
| LME PRI ALUM FUTR NOV21 XLME 20211115 | n/a | 3.38% |
| US DOLLAR | n/a | 9.58% |
| LME ZINC FUTURE NOV21 XLME 20211115 | n/a | 1.88% |
| LME NICKEL FUTURE NOV21 XLME 20211115 | n/a | 1.53% |
| TREASURY BILL 03/22 0.00000 | n/a | 39.30% |
| AIM GOVERNMENT AGENCY AIM GOVY AND AGENCY FD ASTITGA | n/a | 0.44% |
News
Investors Should Consider the Benefits of Commodity ETFs
Investors should consider diversifying with exchange traded fund strategies that access commodities in the current market environment.
Commodities: A Bright Spot in Recession Darkness
Persistent inflation and subsequent policy shifts from global central banks have raised the specter of recession over the U.S. economy. Commodities have historically performed well during recessions, ho...
ETF of the Week: abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM)
VettaFi's vice chairman Tom Lydon discussed the abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” At a time when c...
COVID's Resurgence in China Brings Metals Back to Earth
After metals prices rallied to record heights following Russia's invasion of Ukraine, COVID's resurgence in China brought prices back down to earth. Concerns that new lockdowns will reduce demand from t...