Broad commodities

Invest in the potential of commodities

Why commodities

Economic foundation

Commodities have been an economic foundation and source of wealth for centuries.



Commodities may have relative price stability during volatility and extreme market events.


They can be an important portfolio diversifier [1] due to their low correlation to other asset classes.

Commodity diversification

Broad exposure to commodities across a variety of sectors can help ensure diversification potential within the asset class.*

*Bloomberg Commodity Index 2024 target allocations

  • Energy - 30.13%
    Demand for energy generally rises with an increase in population and standard of living, while investment in supply has fallen.

  • Grains - 23.10%
    Climate change affects crop yields and can create supply shortages even without the Ukraine conflict.

  • Precious metals - 18.82%
    Geopolitical risks and recession may support gold, while industrial and solar panel demand may support silver.

  • Industrial metals - 15.35%
    Aluminium, copper, nickel, zinc and lead are critical components of the renewable energy transformation.

  • Softs (Coffee, Cotton, Sugar) - 7.35%
    Prices are generally driven by global demand growth for coffee, cotton and sugar which are grown in tropical regions.

  • Livestock (Live Cattle, Lean Hogs) - 5.25%
    Livestock prices may be fueled by drought, increasing feed and energy prices, and the westernization of emerging markets.

The Bloomberg Commodity Index includes exposure to the materials of everyday life.

Why commodities now

Risk modelling


Post-pandemic economic drivers and supply-and-demand issues caused by geopolitical events have been recent catalysts for commodities.

Inflation hedge

Commodities have historically been viewed as an inflation hedge because their prices typically rise when inflation increases

Climate analysis

Super cycle

We may be at the beginning of a global commodity super cycle, driven by the increasing need for energy, agricultural products and industrial metals.

Benefits of the abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI)


Access to the diversification potential of broad commodities.

Dollar price tag

Low costs

Competitive net expense ratio of .26% helps keep portfolio costs low. [2]

Accessible and liquid

ETF structure is designed to be easily accessible and liquid.

Learn more about BCI

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (the “Fund”) seeks to provide total return through actively managed exposure to the Bloomberg Commodity Index Total ReturnSM.

Learn more about the fund

BCI BCD and BCOM methodology

Bloomberg Commodity Index (BCOM)

The Bloomberg Commodity Index (BCOM) consists of 24 commodities which are generally weighted 2/3 by trading volume and 1/3 by world production with an additional criteria of global economic significance.

The Bloomberg Commodity Index (BCOM) methodology is intended to provide a stable broad commodity benchmark with weight caps that limit concentration in a particular sector such as energy to no more than 33% and no single commodity may represent more than 15%.


The goal of BCI (abrdn Bloomberg All Commodity Strategy K-1 Free ETF) is to offer direct exposure to the Bloomberg Commodity Index Total ReturnSM (BCOM), generally through one to three month futures contracts.

BCD (abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF) aims to provide a potentially less volatile approach by offering exposure to the Bloomberg Commodity Index 3 Month Forward Total ReturnSM, generally through the use of four to six month contracts

[1] Diversification does not eliminate the risk of experiencing investment losses.

[2] abrdn ETFs Advisors LLC (the “Advisor”) has contractually agreed to waive the management fees that it receives from the Fund in an amount equal to the management fee paid to the Advisor by the subsidiary. This undertaking will continue in effect for at least one year from the date of the abrdn ETFs prospectus, and for so long as the Fund invests in the subsidiary, and may be terminated only with the approval of the Fund’s Board of Trustees