abrdn Bloomberg All Commodity Strategy K-1 Free ETF
U.S. bond index ETF · tracks Bloomberg Commodity Index Total Return
As of its 2026 Q2 report, abrdn Bloomberg All Commodity Strategy K-1 Free ETF held 46 positions with $2.28B in net assets. Its ten largest holdings made up 71.3% of the fund. The BCI share class costs 0.26% a year. Over the 12 months to May 2026, BCI returned 39.7%, with dividends reinvested. In 2026 Q2 it added 45 new positions and exited 45.
The abrdn Bloomberg All Commodity 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 Commodity Index Total Return SM (the Index).
The fund tracks the Bloomberg Commodity Index Total Return through a passive indexing approach, gaining exposure to 25 commodity futures contracts across energy, agriculture, and metals by investing in those contracts through a wholly-owned Cayman Islands subsidiary and holding short-term fixed income securities as collateral. The sub-adviser, Vident Asset Management, makes day-to-day investment decisions. Because the fund is non-diversified under the 1940 Act, its value may move substantially with changes in a single commodity or sector. The fund is structured to distribute Form 1099s rather than Schedule K-1s, simplifying tax reporting for shareholders.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
GVMXXState Street Global Advisors | 25.76% | $586.98M | — |
United States Treasury 0.00% · due 2026-07-14 | 5.17% | $117.85M | — |
United States Treasury 0.00% · due 2026-07-02 | 5.13% | $116.99M | — |
United States Treasury 0.00% · due 2026-07-07 | 5.09% | $115.93M | — |
United States Treasury 0.00% · due 2026-08-13 | 5.07% | $115.50M | — |
United States Treasury 0.00% · due 2026-08-20 | 5.07% | $115.41M | — |
United States Treasury 0.00% · due 2026-07-21 | 5.04% | $114.77M | — |
United States Treasury 0.00% · due 2026-07-30 | 5.03% | $114.67M | — |
United States Treasury 0.00% · due 2026-07-28 | 4.99% | $113.69M | — |
United States Treasury 0.00% · due 2026-08-06 | 4.94% | $112.59M | — |
All 46 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 73.86% |
| Cash & short-term | 25.76% |
| Derivatives | -8.63% |
These positions come to 90.99% of net assets. Not everything a fund owns is reported as a holding — uninvested cash is collected at fund level instead — so the total is not expected to reach 100%.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
How it has done
BCI share class · total returns with dividends reinvested
Volatility over the last 12 months: 14.78%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
abrdn Bloomberg All Commodity Strategy K-1 Free ETF is a U.S. bond index ETF that tracks the Bloomberg Commodity Index Total Return.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Rate sensitivity
- Short duration
- Features
- Non-diversified
- Expense ratio, by class
- 0.26%· BCI 0.26%
- Portfolio turnover
- 0.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
45 new· the largest 1
45 exited· the largest 1
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 0.06 yr | 100% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.06 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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