Products / Indices

Bloomberg Commodity Indices

Diversify exposure with broad-based and speciality benchmarks.

Bloomberg’s commodity indices are a family of financial benchmarks designed to provide liquid and diversified exposure to physical commodities via futures contracts.

Flagship products include the Bloomberg Commodity Index (BCOM), Bloomberg Enhanced Roll Yield Indices (BERY), Bloomberg Energy & Metal Equal-Weighted Indices, and Bloomberg Single Commodity & Agriculture Representative Indices.


Bloomberg BCOM, a leading commodities benchmark

BCOM is a trusted benchmark to hundreds of institutional, retail and corporate clients for their investment and hedging needs with over 60 years of live and backdated history.

Liquid, replicable index

BCOM reflects the listed commodity market denominated in USD with two-thirds derived from the underlying liquidity of each commodities futures market.

Economic significance

The index represents economic activity; target weights are one-third derived according to world production.

Diversification

BCOM is constructed using 24 commodities across energy, grains, softs, livestock, industrial and precious metals.

Continuity

BCOM responds to the changing nature of commodity markets without completely reshaping the character of the index year to year.


KEY STATS

120
B+

in assets track the flagship Bloomberg Commodity Index and its family – BCOM

300
+

funds tracking commodity indices

60
+

years of historical data back to 1960


Diversify exposure and hedge against inflation

BCOM characteristics are well suited to both objectives due to the benchmark’s low correlation to other asset classes and its high inflation beta or sensitivity to changes in inflation.

BCOM Correlation to Other Asset Classes

Source: Bloomberg, US . Equity (B500), US FI (Bloomberg US Agg TR Value Unhedged USD), US Dollar (DXY Index) Data from 1994 to 2023.

Diversify exposure and hedge against inflation

BCOM characteristics are well suited to both objectives due to the benchmark’s low correlation to other asset classes and its high inflation beta or sensitivity to changes in inflation.

BCOM Correlation to Other Asset Classes

Source: Bloomberg, US . Equity (B500), US FI (Bloomberg US Agg TR Value Unhedged USD), US Dollar (DXY Index) Data from 1994 to 2023.

Bloomberg Commodity Index

Gain a comprehensive view of global commodity markets with an ER-based benchmark with weight caps across commodities, sectors and groups.

Bloomberg Enhanced Roll Yield Excess Return Index

Systematically reduce the impact of negative carry and “roll congestion” seen in traditional commodity indices with BERY, a broad-based, long-only commodity benchmark.

Bloomberg Global Commodity Transition Metals Index

Track the performance of futures contracts on physical metals essential for the global shift toward a low-carbon economy.

Sign up for indices insights

Select your areas of interest to receive the latest news, research and event invitations.

Cross-asset coverage

Bloomberg’s index team delivers high-quality benchmarks across asset classes.