BCD
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for BCD (abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF) using the Excess Return MMA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -16.3% (compared to the benchmark's drawdown of -29.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 8.9%, compared to a Buy-and-Hold benchmark return of 9.7%. The strategy executed 66 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
BCD Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 21.26% | 26.68% | 9.82% | 10.99% | 8.91% | 9.71% |
| Sharpe Ratio | 1.48 | 1.67 | 0.83 | 0.68 | 0.85 | 0.66 |
| Max Drawdown | -9.36% | -12.70% | -14.69% | -23.03% | -16.31% | -29.81% |
| % Time Invested | 88.9% | 100.0% | 81.0% | 100.0% | 82.9% | 100.0% |
| Trades / Year | 4.0 | 0.0 | 7.8 | 0.0 | 7.5 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-08-15 | 2025-09-30 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.50% | Interest Income | |
| 2025-08-11 | 2025-09-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2025-06-30 | 2025-09-03 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.76% | Interest Income | |
| 2025-06-23 | 2025-08-15 | Completed | 33.33% | $29.39 | $27.91 | -5.08% | Signal | |
| 2025-08-07 | 2025-08-11 | Completed | 33.33% | $28.11 | $28.06 | -0.23% | Signal | |
| 2025-07-16 | 2025-08-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-05-13 | 2025-07-16 | Completed | 33.33% | $28.23 | $28.76 | 1.82% | Signal | |
| 2024-12-06 | 2025-06-30 | Completed | 33.33% | $26.39 | $28.36 | 7.43% | Signal | |
| 2025-04-22 | 2025-06-23 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income | |
| 2025-04-11 | 2025-05-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 2025-01-16 | 2025-04-22 | Completed | 33.33% | $28.00 | $28.15 | 0.47% | Signal | |
| 2025-04-09 | 2025-04-11 | Completed | 33.33% | $26.48 | $27.40 | 3.43% | Signal | |
| 2025-03-18 | 2025-04-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-01-30 | 2025-03-18 | Completed | 33.33% | $27.99 | $28.99 | 3.55% | Signal | |
| 2025-01-06 | 2025-01-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-12-11 | 2025-01-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2024-12-12 | 2025-01-06 | Completed | 33.33% | $26.77 | $26.86 | 0.29% | Signal | |
| 2024-10-31 | 2024-12-12 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2024-10-04 | 2024-12-11 | Completed | 33.33% | $27.48 | $26.83 | -2.42% | Signal | |
| 2024-08-06 | 2024-12-06 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.63% | Interest Income | |
| 2024-10-15 | 2024-10-31 | Completed | 33.33% | $26.56 | $26.66 | 0.32% | Signal | |
| 2024-09-23 | 2024-10-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income | |
| 2024-07-12 | 2024-10-04 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.19% | Interest Income | |
| 2024-09-03 | 2024-09-23 | Completed | 33.33% | $25.52 | $26.48 | 3.69% | Signal | |
| 2024-06-20 | 2024-09-03 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.07% | Interest Income | |
| 2024-04-08 | 2024-08-06 | Completed | 33.33% | $26.91 | $25.00 | -7.12% | Stop | |
| 2024-04-01 | 2024-07-12 | Completed | 33.33% | $26.07 | $26.58 | 1.88% | Signal | |
| 2024-03-12 | 2024-06-20 | Completed | 33.33% | $25.45 | $27.17 | 6.71% | Signal | |
| 2023-12-06 | 2024-04-08 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.76% | Interest Income | |
| 2023-10-12 | 2024-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 2.49% | Interest Income | |
| 2023-11-20 | 2024-03-12 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.61% | Interest Income | |
| 2023-09-12 | 2023-12-06 | Completed | 33.33% | $26.64 | $25.22 | -5.40% | Signal | |
| 2023-10-31 | 2023-11-20 | Completed | 33.33% | $26.20 | $25.77 | -1.70% | Signal | |
| 2023-10-05 | 2023-10-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2023-07-25 | 2023-10-12 | Completed | 33.33% | $26.75 | $25.80 | -3.61% | Signal | |
| 2023-09-15 | 2023-10-05 | Completed | 33.33% | $26.74 | $25.26 | -5.59% | Signal | |
| 2023-08-23 | 2023-09-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-05-12 | 2023-09-12 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.77% | Interest Income | |
| 2023-06-22 | 2023-08-23 | Completed | 33.33% | $25.70 | $25.93 | 0.84% | Signal | |
| 2023-05-12 | 2023-07-25 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.03% | Interest Income | |
| 2023-05-09 | 2023-06-22 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.62% | Interest Income | |
| 2023-04-19 | 2023-05-12 | Completed | 33.33% | $26.46 | $25.11 | -5.17% | Stop | |
| 2023-04-19 | 2023-05-12 | Completed | 33.33% | $26.46 | $25.11 | -5.17% | Stop | |
| 2023-04-12 | 2023-05-09 | Completed | 33.33% | $26.54 | $25.62 | -3.52% | Signal | |
| 2023-01-23 | 2023-04-19 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.13% | Interest Income | |
| 2022-08-24 | 2023-04-19 | Interest (CASH) | 33.33% | $1.00 | $1.03 | 2.76% | Interest Income | |
| 2023-02-15 | 2023-04-12 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income | |
| 2023-02-01 | 2023-02-15 | Completed | 33.33% | $27.16 | $26.55 | -2.31% | Signal | |
| 2023-01-09 | 2023-02-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income | |
| 2022-12-09 | 2023-01-23 | Completed | 33.33% | $26.83 | $27.50 | 2.45% | Signal | |
| 2023-01-05 | 2023-01-09 | Completed | 33.33% | $26.28 | $26.62 | 1.24% | Signal | |
| 2022-12-12 | 2023-01-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2022-11-10 | 2022-12-12 | Completed | 33.33% | $27.16 | $26.89 | -1.04% | Signal | |
| 2022-10-14 | 2022-12-09 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.65% | Interest Income | |
| 2022-09-20 | 2022-11-10 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.55% | Interest Income | |
| 2022-09-06 | 2022-10-14 | Completed | 33.33% | $27.60 | $26.97 | -2.36% | Signal | |
| 2022-08-02 | 2022-09-20 | Completed | 33.33% | $27.47 | $27.16 | -1.17% | Signal | |
| 2022-06-23 | 2022-09-06 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2022-07-19 | 2022-08-24 | Completed | 33.33% | $26.56 | $28.88 | 8.69% | Signal | |
| 2022-06-23 | 2022-08-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2022-06-24 | 2022-07-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income | |
| 2022-04-08 | 2022-06-24 | Completed | 33.33% | $29.33 | $27.70 | -5.59% | Stop | |
| 2022-04-01 | 2022-06-23 | Completed | 33.33% | $28.45 | $28.47 | 0.03% | Stop | |
| 2022-04-01 | 2022-06-23 | Completed | 33.33% | $28.45 | $28.47 | 0.03% | Stop | |
| 2022-03-17 | 2022-04-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2022-03-10 | 2022-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2022-03-10 | 2022-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2020-07-09 | 2022-03-17 | Completed | 33.33% | $14.61 | $27.87 | 90.66% | Stop | |
| 2022-01-24 | 2022-03-10 | Completed | 33.33% | $24.27 | $28.80 | 18.61% | Stop | |
| 2021-12-30 | 2022-03-10 | Completed | 33.33% | $23.15 | $28.80 | 24.33% | Stop | |
| 2021-12-22 | 2022-01-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-11-17 | 2021-12-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-09 | 2021-12-22 | Completed | 33.33% | $14.12 | $22.94 | 62.39% | Signal | |
| 2021-09-17 | 2021-11-17 | Completed | 33.33% | $22.13 | $23.46 | 5.93% | Signal | |
| 2021-08-25 | 2021-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-07-30 | 2021-08-25 | Completed | 33.33% | $21.92 | $21.38 | -2.50% | Signal | |
| 2021-07-08 | 2021-07-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-04-21 | 2021-07-08 | Completed | 33.33% | $19.36 | $20.66 | 6.68% | Signal | |
| 2021-03-29 | 2021-04-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-10-21 | 2021-03-29 | Completed | 33.33% | $16.36 | $18.73 | 14.47% | Signal | |
| 2020-09-29 | 2020-10-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-01 | 2020-09-29 | Completed | 33.33% | $13.83 | $15.61 | 12.85% | Signal | |
| 2020-03-02 | 2020-07-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2020-02-20 | 2020-06-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2020-05-07 | 2020-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-04-16 | 2020-05-07 | Completed | 33.33% | $13.59 | $13.48 | -0.85% | Signal | |
| 2020-01-29 | 2020-04-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2019-11-22 | 2020-03-02 | Completed | 33.33% | $16.01 | $15.08 | -5.87% | Stop | |
| 2019-10-15 | 2020-02-20 | Completed | 33.33% | $15.99 | $15.89 | -0.68% | Signal | |
| 2019-12-23 | 2020-01-29 | Completed | 33.33% | $16.44 | $15.76 | -4.18% | Signal | |
| 2019-11-29 | 2019-12-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2019-11-07 | 2019-11-29 | Completed | 33.33% | $16.29 | $15.85 | -2.72% | Signal | |
| 2019-06-24 | 2019-11-22 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.80% | Interest Income | |
| 2019-10-16 | 2019-11-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2019-09-13 | 2019-10-16 | Completed | 33.33% | $15.95 | $15.95 | -0.03% | Signal | |
| 2019-08-16 | 2019-10-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2019-08-05 | 2019-09-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income | |
| 2019-07-31 | 2019-08-16 | Completed | 33.33% | $16.06 | $15.51 | -3.51% | Signal | |
| 2019-07-01 | 2019-08-05 | Completed | 33.33% | $16.04 | $15.59 | -2.89% | Signal | |
| 2019-05-14 | 2019-07-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income | |
| 2019-05-01 | 2019-07-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.38% | Interest Income | |
| 2019-04-12 | 2019-06-24 | Completed | 33.33% | $16.79 | $16.09 | -4.18% | Signal | |
| 2019-02-19 | 2019-05-14 | Completed | 33.33% | $16.48 | $16.06 | -2.59% | Signal | |
| 2019-01-23 | 2019-05-01 | Completed | 33.33% | $16.18 | $16.34 | 0.94% | Signal | |
| 2018-07-31 | 2019-04-12 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.62% | Interest Income | |
| 2018-11-27 | 2019-02-19 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2018-11-05 | 2019-01-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2018-10-10 | 2018-11-27 | Completed | 33.33% | $17.31 | $15.84 | -8.51% | Signal | |
| 2018-10-01 | 2018-11-05 | Completed | 33.33% | $17.17 | $16.67 | -2.93% | Signal | |
| 2018-07-10 | 2018-10-10 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.54% | Interest Income | |
| 2018-08-30 | 2018-10-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2018-08-13 | 2018-08-30 | Completed | 33.33% | $16.71 | $16.71 | -0.05% | Signal | |
| 2018-06-19 | 2018-08-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2017-10-05 | 2018-07-31 | Completed | 33.33% | $16.23 | $16.99 | 4.64% | Signal | |
| 2018-04-27 | 2018-07-10 | Completed | 33.33% | $17.67 | $17.12 | -3.15% | Signal | |
| 2018-04-23 | 2018-06-19 | Completed | 33.33% | $17.66 | $17.27 | -2.25% | Signal | |
| 2018-04-04 | 2018-04-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2018-03-29 | 2018-04-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2017-10-05 | 2018-04-04 | Completed | 33.33% | $16.23 | $17.13 | 5.49% | Signal | |
| 2018-03-15 | 2018-03-29 | Completed | 33.33% | $17.22 | $17.16 | -0.39% | Signal | |
| 2018-02-21 | 2018-03-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2018-01-05 | 2018-02-21 | Completed | 33.33% | $17.33 | $17.32 | -0.16% | Signal | |
| 2017-12-07 | 2018-01-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2017-11-06 | 2017-12-07 | Completed | 33.33% | $17.09 | $16.68 | -2.48% | Signal | |
| 2017-10-13 | 2017-11-06 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2017-10-05 | 2017-10-13 | Completed | 33.33% | $16.23 | $16.43 | 1.15% | Signal | |
| 2017-10-03 | 2017-10-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2017-10-03 | 2017-10-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2017-10-03 | 2017-10-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |