Commodities vs USDUsing this stock as a proxy for commodities because it's a commodity based, broad ETF.
Key stats
About abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
Expense ratio
0.30%
Home page
Inception date
Mar 30, 2017
ISIN
US0032612030
BCD is an index-tracking fund- the Bloomberg Commodity Index. The index includes the following commodity futures contracts: agriculture, energy, livestock, and metals sectors, there are 25 eligible commodities but may vary. Futures positions are weighted 2/3 by trading volume and 1/3 by world production. The index rebalances each January, with weight-caps applied at the sector level. Contracts are selected several months out on the futures curve and held for 2-4 months, according to a set roll schedule that varies by commodity. The fund manages its commodity exposure through a wholly owned Cayman Islands subsidiary, a common structure in the commodity ETF space which allows the fund to avoid issuing k-1 tax forms each year.
Classification
What's in the fund
Exposure type
Government
Miscellaneous
Bonds, Cash & Other100.00%
Government69.70%
Miscellaneous23.34%
Mutual fund6.96%
