C000198241 Performance — BlackRock Commodity Strategies Fund, Class K
Data updated: 2026-09-24
C000198241 returned +18.72% year to date and +40.76% over one year to May 2026. Annualised returns are +18.63% over 3 years and +12.04% over 5 years. The fund trailed its Commodities category average: $100 invested three years ago grew to $167, against $184 for the category, and to $141 over one year, against $147. Volatility over the past three years was 11.18% a year. In the 12 months to May 2026 the fund took in a net $386.2M, and assets reached $1.27B.
C000198241 Growth of $100
What $100 invested in BlackRock Commodity Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | C000198241 | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $141 | $147 |
| 3 years (Jun 2023 – May 2026) | $167 | $184 |
| 5 years (Jun 2021 – May 2026) | $177 | $183 |
| Since data start (Aug 2019 – May 2026) | $233 | $230 |
C000198241 Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.72% |
| 1 year | +40.76% |
| 3 years (annualised) | +18.63% |
| 5 years (annualised) | +12.04% |
C000198241 Annual Returns
Calendar-year total returns of BlackRock Commodity Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +18.72% |
| 2025 | +28.83% |
| 2024 | +4.46% |
| 2023 | −4.28% |
| 2022 | +12.14% |
| 2021 | +22.49% |
| 2020 | +6.85% |
| 2019 (Aug–Dec) | +3.89% |
C000198241 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.8% | +6.9% | +1.6% | +1.8% | −3.1% | — | — | — | — | — | — | — |
| 2025 | +4.2% | +1.3% | +3.3% | −2.3% | +2.0% | +2.5% | −0.4% | +5.2% | +4.0% | −0.7% | +4.8% | +2.0% |
| 2024 | −2.9% | −1.4% | +7.3% | +2.0% | +2.7% | −2.4% | +0.5% | +0.7% | +2.5% | −0.9% | −0.2% | −3.2% |
| 2023 | +3.2% | −5.7% | +0.8% | +0.7% | −7.2% | +3.7% | +5.1% | −2.1% | −1.4% | −1.3% | +1.1% | −0.5% |
| 2022 | +5.9% | +5.4% | +7.6% | +0.1% | +2.4% | −11.9% | +2.8% | −0.9% | −7.6% | +6.6% | +6.3% | −2.8% |
| 2021 | +1.2% | +6.6% | +0.1% | +6.0% | +4.0% | −0.1% | −0.2% | −0.8% | +2.8% | +4.0% | −6.2% | +3.7% |
| 2020 | −5.9% | −7.3% | −12.1% | +8.0% | +4.6% | +2.8% | +6.1% | +4.2% | −3.9% | −1.5% | +7.3% | +6.6% |
| 2019 | — | — | — | — | — | — | — | −2.5% | +0.6% | +1.1% | −0.6% | +5.3% |
C000198241 Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.18%
- 3-year Sharpe ratio: 1.26 (vs 4.5% risk-free rate)
- Best month: +10.81% (Jan 2026)
- Worst month: −3.18% (Dec 2024)
C000198241 Fund Flows
Monthly money in and out of BlackRock Commodity Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: $386.2M
- 12-month gross sales (incl. reinvestments): $606.1M
- Sales ÷ redemptions: 2.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $72.9M | $24.2M | $48.6M |
| Apr 2026 | $70.5M | $24.5M | $46.0M |
| Mar 2026 | $90.4M | $38.1M | $52.2M |
| Feb 2026 | $67.2M | $14.9M | $52.3M |
| Jan 2026 | $87.2M | $23.8M | $63.5M |
| Dec 2025 | $45.8M | $16.1M | $29.7M |
| Nov 2025 | $37.1M | $10.4M | $26.7M |
| Oct 2025 | $47.9M | $12.5M | $35.4M |
| Sep 2025 | $25.2M | $16.5M | $8.7M |
| Aug 2025 | $14.3M | $11.5M | $2.8M |
| Jul 2025 | $27.6M | $16.4M | $11.3M |
| Jun 2025 | $19.9M | $10.8M | $9.1M |
C000198241 Assets Under Management
Net assets of BlackRock Commodity Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $1.27B |
| 2026-02-27 | $1.12B |
| 2025-11-28 | $810.16M |
| 2025-08-29 | $681.49M |
| 2025-05-30 | $621.85M |
| 2025-02-28 | $617.91M |
| 2024-11-29 | $633.32M |
| 2024-08-30 | $642.68M |
| 2024-05-31 | $680.21M |
| 2024-02-29 | $652.31M |
| 2023-11-30 | $845.36M |
| 2023-08-31 | $1.00B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.