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BCI

abrdn Bloomberg All Commodity Strategy K-1 Free ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-10
Executive Summary
The quantitative backtest for BCI (abrdn Bloomberg All Commodity Strategy K-1 Free ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -13.8% (compared to the benchmark's drawdown of -26.6%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 13.4%, compared to a Buy-and-Hold benchmark return of 11.3%. The strategy executed 42 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ BCI Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-13.8% (vs -26.6% B&H)
+12.8% shallower drawdown
Downside Efficiency
1.11 Sortino
+0.29 vs 0.82 B&H
Capital Sheltered from Risk
47.8% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 BCI Quality Metrics & KPI Summary

Metric 1Y5YFull
StrategyB&HStrategyB&HStrategyB&H
Max Drawdown-9.30%-14.82%-13.82%-26.50%-13.82%-26.60%
Sharpe Ratio2.372.141.030.691.080.64
Sortino Ratio2.982.941.070.911.110.82
CAGR48.51%47.34%13.55%12.30%13.39%11.26%
% Time Invested85.0%100.0%53.1%100.0%52.2%100.0%
Trades / Year5.00.07.20.05.70.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of BCI under the Excess Return MMA strategy (Investing) versus Buy & Hold. The strategy produced a 13.4% CAGR with a -13.8% Max Drawdown across 42 trade signals (compared to Buy & Hold's 11.3% CAGR and -26.6% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for BCI under Excess Return MMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for BCI under Excess Return MMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Loading Top Diversifiers for BCI...

Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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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 DateExit DateTypeAllocationEntry PriceExit PriceNet 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.
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2026-05-28 2026-06-22 Interest (CASH) 33.33% $1.00 $1.00 0.24% Interest Income
2026-05-28 2026-06-22 Interest (CASH) 33.33% $1.00 $1.00 0.24% Interest Income
2025-10-13 2026-06-17 Completed 33.33% $18.64 $23.17 24.25% Stop
2026-02-26 2026-05-28 Completed 33.33% $21.45 $24.46 13.98% Stop
2026-02-26 2026-05-28 Completed 33.33% $21.45 $24.46 13.98% Stop
2026-02-03 2026-02-26 Interest (CASH) 33.33% $1.00 $1.00 0.23% Interest Income
2026-02-03 2026-02-26 Interest (CASH) 33.33% $1.00 $1.00 0.23% Interest Income
2025-08-27 2026-02-03 Completed 33.33% $17.77 $21.03 18.28% Stop
2025-08-25 2026-02-03 Completed 33.33% $17.86 $21.03 17.71% Stop
2025-09-19 2025-10-13 Interest (CASH) 33.33% $1.00 $1.00 0.25% Interest Income
2025-09-15 2025-09-19 Completed 33.33% $18.37 $18.15 -1.27% Signal
2025-06-25 2025-09-15 Interest (CASH) 33.33% $1.00 $1.01 0.94% Interest Income
2025-08-05 2025-08-27 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2025-04-09 2025-08-25 Interest (CASH) 33.33% $1.00 $1.02 1.61% Interest Income
2025-04-30 2025-08-05 Completed 33.33% $17.59 $17.57 -0.15% Stop
2024-12-06 2025-06-25 Completed 33.33% $16.62 $17.90 7.63% Signal
2025-04-07 2025-04-30 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2025-01-16 2025-04-09 Completed 33.33% $17.86 $16.83 -5.82% Stop
2025-01-16 2025-04-07 Completed 33.33% $17.86 $17.13 -4.09% Stop
2024-11-06 2025-01-16 Interest (CASH) 33.33% $1.00 $1.01 0.82% Interest Income
2024-07-16 2025-01-16 Interest (CASH) 33.33% $1.00 $1.02 2.40% Interest Income
2024-08-06 2024-12-06 Interest (CASH) 33.33% $1.00 $1.02 1.63% Interest Income
2024-08-26 2024-11-06 Completed 33.33% $16.35 $16.56 1.27% Signal
2024-07-16 2024-08-26 Interest (CASH) 33.33% $1.00 $1.01 0.60% Interest Income
2024-05-07 2024-08-06 Completed 33.33% $17.01 $16.00 -6.01% Stop
2024-05-20 2024-07-16 Completed 33.33% $17.66 $16.65 -5.79% Stop
2024-05-20 2024-07-16 Completed 33.33% $17.66 $16.65 -5.79% Stop
2023-07-12 2024-05-20 Interest (CASH) 33.33% $1.00 $1.05 4.69% Interest Income
2023-05-04 2024-05-20 Interest (CASH) 33.33% $1.00 $1.06 5.70% Interest Income
2023-12-08 2024-05-07 Interest (CASH) 33.33% $1.00 $1.02 2.17% Interest Income
2023-09-01 2023-12-08 Completed 33.33% $17.19 $16.01 -6.93% Signal
2023-05-04 2023-09-01 Interest (CASH) 33.33% $1.00 $1.02 1.76% Interest Income
2023-05-26 2023-07-12 Completed 33.33% $15.83 $16.59 4.70% Signal
2023-05-04 2023-05-26 Interest (CASH) 33.33% $1.00 $1.00 0.33% Interest Income
2023-04-19 2023-05-04 Completed 33.33% $16.91 $16.05 -5.15% Stop
2023-04-19 2023-05-04 Completed 33.33% $16.91 $16.05 -5.15% Stop
2023-04-10 2023-05-04 Completed 33.33% $16.74 $16.05 -4.16% Stop
2022-11-29 2023-04-19 Interest (CASH) 33.33% $1.00 $1.02 1.77% Interest Income
2022-08-22 2023-04-19 Interest (CASH) 33.33% $1.00 $1.03 2.78% Interest Income
2023-03-16 2023-04-10 Interest (CASH) 33.33% $1.00 $1.00 0.30% Interest Income
2023-03-02 2023-03-16 Completed 33.33% $16.77 $16.06 -4.29% Stop
2023-02-07 2023-03-02 Interest (CASH) 33.33% $1.00 $1.00 0.30% Interest Income
2022-12-30 2023-02-07 Completed 33.33% $17.52 $16.76 -4.38% Stop
2022-12-07 2022-12-30 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2022-09-29 2022-12-07 Completed 33.33% $17.41 $17.18 -1.39% Stop
2022-09-29 2022-11-29 Completed 33.33% $17.41 $17.88 2.63% Signal
2022-09-07 2022-09-29 Interest (CASH) 33.33% $1.00 $1.00 0.20% Interest Income
2022-09-07 2022-09-29 Interest (CASH) 33.33% $1.00 $1.00 0.20% Interest Income
2022-07-11 2022-09-07 Completed 33.33% $18.00 $17.92 -0.46% Stop
2022-07-11 2022-09-07 Completed 33.33% $18.00 $17.92 -0.46% Stop
2022-07-19 2022-08-22 Completed 33.33% $17.73 $19.10 7.66% Signal
2022-06-24 2022-07-19 Interest (CASH) 33.33% $1.00 $1.00 0.13% Interest Income
2022-06-15 2022-07-11 Interest (CASH) 33.33% $1.00 $1.00 0.11% Interest Income
2022-06-15 2022-07-11 Interest (CASH) 33.33% $1.00 $1.00 0.11% Interest Income
2022-04-07 2022-06-24 Completed 33.33% $19.25 $18.56 -3.65% Stop
2022-05-18 2022-06-15 Completed 33.33% $20.28 $20.02 -1.33% Stop
2022-05-18 2022-06-15 Completed 33.33% $20.28 $20.02 -1.33% Stop
2022-04-26 2022-05-18 Interest (CASH) 33.33% $1.00 $1.00 0.06% Interest Income
2022-04-26 2022-05-18 Interest (CASH) 33.33% $1.00 $1.00 0.06% Interest Income
2022-04-01 2022-04-26 Completed 33.33% $19.03 $19.73 3.63% Stop
2022-04-01 2022-04-26 Completed 33.33% $19.03 $19.73 3.63% Stop
2022-03-16 2022-04-07 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
2020-07-30 2022-03-16 Completed 33.33% $10.68 $18.44 72.57% Stop
2021-12-21 2022-03-10 Completed 33.33% $14.89 $19.25 29.22% Stop
2021-12-21 2022-03-10 Completed 33.33% $14.89 $19.25 29.22% Stop
2021-11-29 2021-12-21 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-11-29 2021-12-21 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-09-14 2021-11-29 Completed 33.33% $15.13 $15.48 2.30% Stop
2021-09-14 2021-11-29 Completed 33.33% $15.13 $15.48 2.30% Stop
2021-08-20 2021-09-14 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-08-20 2021-09-14 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-04-16 2021-08-20 Completed 33.33% $13.45 $14.14 5.10% Stop
2020-07-30 2021-08-20 Completed 33.33% $10.68 $14.14 32.31% Stop
2021-03-24 2021-04-16 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2020-07-30 2021-03-24 Completed 33.33% $10.68 $13.00 21.67% Stop
2020-02-21 2020-07-30 Interest (CASH) 33.33% $1.00 $1.00 0.11% Interest Income
2019-04-30 2020-07-30 Interest (CASH) 33.33% $1.00 $1.02 1.62% Interest Income
2019-04-30 2020-07-30 Interest (CASH) 33.33% $1.00 $1.02 1.62% Interest Income
2019-11-18 2020-02-21 Completed 33.33% $12.12 $11.75 -3.06% Signal
2019-06-21 2019-11-18 Interest (CASH) 33.33% $1.00 $1.01 0.78% Interest Income
2019-05-02 2019-06-21 Completed 33.33% $12.18 $12.12 -0.54% Signal
2019-04-30 2019-05-02 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where BCI ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with BCI → ⚖️ Compare BCI vs Non-Correlated Assets →