BlackRock Resources & Commodities Strategy Trust (BCX)

Competitors to BlackRock Resources & Commodities Strategy Trust (BCX)

Invesco DB Commodity Index Tracking Fund 

Invesco DB Commodity Index Tracking Fund offers investors a way to gain exposure to a diversified range of commodities through its index tracking strategy. Both BCX and DBC focus on commodity investments, but DBC typically utilizes a passive management approach that tracks a specific commodity index, which may appeal to investors looking for a more straightforward, low-cost investment option. This passive strategy allows DBC to potentially outperform BCX in certain market conditions due to lower fees and simpler structure.

iShares S&P GSCI Commodity-Indexed Trust 

iShares S&P GSCI Commodity-Indexed Trust is designed to provide exposure to a broad range of commodity markets through a single index, similar to BCX. However, GSG has the advantage of being backed by a large fund family, which enhances its credibility and investor trust. Additionally, the S&P GSCI index is one of the most recognized benchmarks, which can lead to greater inflows and investment interest, potentially giving GSG a competitive edge in terms of size and liquidity compared to BCX.

ProShares Ultra Bloomberg Crude Oil 

ProShares Ultra Bloomberg Crude Oil focuses specifically on crude oil investments, providing a leveraged exposure that seeks to deliver returns that correspond to double the performance of an oil index. This targeted approach presents a high-risk, high-reward scenario which attracts a different investor profile compared to BCX’s diversified commodity strategy. While UCO offers the potential for substantial returns, its volatility and reliance on oil prices could make BCX a more stable option for investors looking for broader commodity exposure.

SPDR S&P Metals & Mining ETF 

SPDR S&P Metals & Mining ETF invests in companies involved in the metals and mining sector, which gives it differentiated exposure compared to BCX that incorporates a wider range of resources. XME appeals to investors interested specifically in the mining aspect of commodities, potentially providing higher returns during certain economic cycles. However, BCX's diversification strategy across various commodities can be viewed as less risky, providing a broad safety net that could attract conservative investors.

VanEck Vectors Gold Miners ETF 

VanEck Vectors Gold Miners ETF primarily invests in companies that are involved in gold mining, offering a more niche focus within the broader commodities space compared to BCX, which targets a wider array of natural resources and commodities. GDX therefore competes with BCX by providing targeted exposure to the gold sector, which may attract investors particularly interested in gold as a hedge against inflation, and could lead to GDX having stronger performance in bull markets for gold.