CNEQ vs BCX

Comparison between ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF) and BlackRock Resources & Commodities Strategy Trust (BCX, ETF).

CNEQ vs BCX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNEQ(ETF)	BCX(ETF)
Net Assets	$968M	$968M
Expense Ratio	0.56%	N/A
Max Drawdown	27.58%	82.29%
Sharpe Ratio	0.92	1.83
5Y Beta	1.46	0.55
P/E Ratio	36.51	N/A
Forward P/E	23.12	N/A
5Y Dividends CAGR	N/A	13.55%
5Y EPS CAGR	45.36%	N/A
P/S Ratio	3.77	N/A
P/B Ratio	8.63	N/A

Net Assets

CNEQ

$968M

Winner

BCX

$968M

Expense Ratio

CNEQ

0.56%

BCX

N/A

Max Drawdown

Winner

CNEQ

27.58%

BCX

82.29%

Sharpe Ratio

CNEQ

0.92

Winner

BCX

1.83

5Y Beta

CNEQ

1.46

Winner

BCX

0.55

P/E Ratio

CNEQ

36.51

BCX

N/A

Forward P/E

CNEQ

23.12

BCX

N/A

5Y Dividends CAGR

CNEQ

N/A

BCX

13.55%

5Y EPS CAGR

CNEQ

45.36%

BCX

N/A

P/S Ratio

CNEQ

3.77

BCX

N/A

P/B Ratio

CNEQ

8.63

BCX

N/A

CNEQ vs BCX - Historical Returns

Returns include dividend reinvestment.

Period	CNEQ	BCX
1 month	+0.20%	+15.20%
3 months	-0.83%	+11.57%
6 months	+17.79%	+7.27%
1 year	+27.24%	+47.13%
5 years(CAGR)	N/A	+16.18%
10 years(CAGR)	N/A	+12.88%
Max(CAGR)	+33.36%	+5.17%

CNEQ

+0.20%

Winner

BCX

+15.20%

CNEQ

-0.83%

Winner

BCX

+11.57%

Winner

CNEQ

+17.79%

BCX

+7.27%

CNEQ

+27.24%

Winner

BCX

+47.13%

5Y(CAGR)

CNEQ

N/A

BCX

+16.18%

10Y(CAGR)

CNEQ

N/A

BCX

+12.88%

Max(CAGR)

Winner

CNEQ

+33.36%

BCX

+5.17%

CNEQ vs BCX - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	CNEQ	BCX
2026	+14.52%	+23.38%
2025	+32.33%	+37.92%
2024	+28.84%	+2.17%
2023	N/A	-2.90%
2022	N/A	+12.24%
2021	N/A	+32.34%
2020	N/A	-0.73%
2019	N/A	+20.21%
2018	N/A	-23.72%
2017	N/A	+25.52%
2016	N/A	+26.38%
2015	N/A	-20.37%
2014	N/A	-8.86%
2013	N/A	-3.69%
2012	N/A	+3.15%
2011	N/A	-28.96%

CNEQ vs BCX Drawdown Comparison

The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The maximum drawdown for BCX was -62.40%, occurring on Mar 18, 2020. Recovery took 2483 trading sessions.

The current CNEQ drawdown is -5.36%.

Rank	CNEQ	BCX
#1	-27.58% Feb 14, 2025 - Jun 6, 2025	-62.40% Apr 7, 2011 - Feb 19, 2021
#2	-19.31% Oct 29, 2025 - Apr 24, 2026	-29.22% Apr 18, 2022 - May 27, 2025
#3	-15.11% Jul 10, 2024 - Sep 25, 2024	-18.81% Mar 2, 2026 - Aug 21, 2026
#4	-13.12% Jun 18, 2026 - Jul 29, 2026	-15.87% Jun 14, 2021 - Jan 11, 2022
#5	-8.57% Jun 2, 2026 - Jun 18, 2026	-9.00% Mar 10, 2022 - Mar 22, 2022
#6	-7.66% Apr 11, 2024 - May 15, 2024	-6.79% Mar 15, 2021 - Apr 30, 2021
#7	-7.47% Jan 23, 2025 - Feb 14, 2025	-6.16% Jan 18, 2022 - Feb 9, 2022
#8	-5.20% Oct 9, 2025 - Oct 28, 2025	-5.91% Jan 29, 2026 - Feb 10, 2026
#9	-4.68% Jan 6, 2025 - Jan 22, 2025	-5.53% Oct 1, 2025 - Nov 11, 2025
#10	-4.56% Dec 16, 2024 - Jan 6, 2025	-4.97% Nov 11, 2025 - Nov 26, 2025
#11	-4.25% Aug 12, 2025 - Sep 8, 2025	-4.54% May 10, 2021 - Jun 11, 2021
#12	-3.79% May 14, 2026 - May 21, 2026	-4.09% Mar 25, 2022 - Apr 14, 2022
#13	-3.42% Oct 29, 2024 - Nov 6, 2024	-4.09% Feb 11, 2026 - Feb 26, 2026
#14	-3.14% Jun 18, 2024 - Jul 3, 2024	-3.91% Feb 24, 2021 - Mar 2, 2021
#15	-2.88% Dec 6, 2024 - Dec 16, 2024	-3.51% Feb 11, 2022 - Feb 25, 2022

Correlation

Correlation between CNEQ and BCX is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2011 - 2026)

CNEQ vs BCX dividend yield comparison.

Year	CNEQ	BCX
2026	0.00%	4.22%
2025	0.52%	7.62%
2024	0.16%	7.49%
2023	0.00%	7.00%
2022	0.00%	5.52%
2021	0.00%	5.13%
2020	0.00%	7.10%
2019	0.00%	7.67%
2018	0.00%	8.77%
2017	0.00%	6.19%
2016	0.00%	6.98%
2015	0.00%	11.38%
2014	0.00%	9.53%
2013	0.00%	9.50%
2012	0.00%	10.47%
2011	0.00%	7.91%