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BCI vs NBCM: how they differ

BCI and NBCM hold 0% of their weight in the same names, and NBCM returned +43.3% over the year. abrdn Bloomberg All Commodity Strategy K-1 Free ETF and Neuberger Commodity Strategy ETF.

BCI costs 0.39 points a year less; their one-year returns differ by 3.1 points; BCI is 8.2 times larger.

BCINBCM
Expense ratio0.26%0.65%
Net assets, BCI as of Oct 8, 2026 and NBCM as of May 31, 2026$3.5bn$425m
Total return, 1 year+40.2%+43.3%
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+40.2%
BCI total return, 1 year
+43.3%
NBCM total return, 1 year
0.26%
BCI expense ratio
0.65%
NBCM expense ratio

What they hold in common

By the books each fund has filed, BCI and NBCM hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding BCI NBCM
Only in BCI
United States Treasury 5.17%
United States Treasury 5.13%
United States Treasury 5.09%
United States Treasury 5.07%
United States Treasury 5.07%
United States Treasury 5.04%
United States Treasury 5.03%
United States Treasury 4.99%
Only in NBCM
US BANK NA CINCINNATI 1.92%
MORGAN STANLEY BANK NA 1.68%
MERCK & CO INC 1.59%
JPMORGAN CHASE & CO 1.54%
BANK OF AMERICA CORP 1.40%
BANK OF NY MELLON CORP 1.37%
ENTERPRISE PRODUCTS OPER 1.22%
ABBOTT LABORATORIES 1.20%

On the same fields

BCI
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
NBCM
Neuberger Commodity Strategy ETF
Where it sits Commodity ETF Commodity ETF
Issuer abrdn Neuberger Berman
What it is Tracks an index Actively managed
Total return, 1 year +40.2% +43.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +23.0 pts +26.1 pts
Expense ratio 0.26% 0.65%
Holdings 16 149
Net assets, BCI as of Oct 8, 2026 and NBCM as of May 31, 2026 $3.5bn $425m

BCI and NBCM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

BCI in plain words

BCI tracks an index. Over the year to Oct 9, 2026 it returned +40.2% with distributions reinvested. The prospectus expense ratio is 0.26% a year.

NBCM in plain words

NBCM is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +43.3% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index. The prospectus expense ratio is 0.65% a year.

Questions people ask

Which returned more over the last year, BCI or NBCM?
In the year to Oct 9, 2026, with distributions reinvested, BCI returned +40.2% and NBCM +43.3%.
Which is cheaper, BCI or NBCM?
BCI is cheaper, by 0.39 percentage points a year. On $10,000 held for a year that difference is about $39. Fees come from each fund's prospectus.
Other comparisons
BCI vs PITBCI vs CMDYBCI vs FAARBCI vs CMDTFTGC vs NBCMHGER vs NBCMDBC vs NBCMNBCM vs PDBC
BCI on its own →NBCM on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
BCI filings on SEC EDGAR ↗BCI prospectus with the expense ratio (SEC) ↗abrdn website ↗NBCM filings on SEC EDGAR ↗NBCM prospectus with the expense ratio (SEC) ↗Neuberger Berman website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, BCI against NBCM, data as of Oct 9, 2026. https://etfiq.com/compare/any/bci-vs-nbcm

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.