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iShares Commodity Curve Carry Strategy ETF (CCRV)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
iShares
Inception Date
Sep 1, 2020
Region
Global (Broad)
Category
Commodities
Leveraged
1x (No leverage)
Index Tracked
CCRV-US - ICE BofA Commodity Enhanced Carry Index
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares Commodity Curve Carry Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


iShares Commodity Curve Carry Strategy ETF

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.62%-1.65%2.15%-8.13%1.40%3.25%4.24%-2.37%0.00%-0.05%
20243.44%-0.83%4.83%1.84%-1.29%1.54%-2.59%-1.98%0.34%0.82%-0.95%0.69%5.74%
20231.74%-2.11%-1.30%-0.10%-6.24%3.89%11.57%0.79%3.57%-2.10%-1.05%-2.28%5.47%
20226.81%5.71%8.90%4.90%4.46%-7.52%-2.57%-3.33%-7.28%5.62%4.55%-0.20%19.91%
20211.67%6.77%-1.03%7.46%2.37%1.95%0.89%-0.50%5.04%5.41%-5.77%5.99%33.78%
2020-0.67%-1.10%3.52%5.59%7.37%

Benchmark Metrics

iShares Commodity Curve Carry Strategy ETF has an annualized alpha of 11.64%, beta of 0.26, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since September 04, 2020.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (42.14%) than losses (11.09%) — typical of diversified or defensive assets.
  • Beta of 0.26 may look defensive, but with R² of 0.06 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.06 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
11.64%
Beta
0.26
0.06
Upside Capture
42.14%
Downside Capture
11.09%

Expense Ratio

CCRV has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

iShares Commodity Curve Carry Strategy ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


5.00%10.00%15.00%20.00%25.00%30.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.00$7.002021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$0.00$0.89$1.43$6.67$5.90

Dividend yield

0.00%4.43%7.26%33.27%26.22%

Monthly Dividends

The table displays the monthly dividend distributions for iShares Commodity Curve Carry Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.89$0.89
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.43$1.43
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.67$6.67
2021$5.90$5.90

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares Commodity Curve Carry Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Commodity Curve Carry Strategy ETF was 24.81%, occurring on Sep 26, 2022. Recovery took 445 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.81%Jun 9, 202275Sep 26, 2022445Jul 5, 2024520
-14.09%Jul 8, 2024190Apr 8, 2025
-13.86%Mar 9, 20226Mar 16, 202222Apr 18, 202228
-8.18%Oct 21, 202129Dec 1, 202125Jan 6, 202254
-8.01%Jun 9, 202152Aug 20, 202110Sep 3, 202162

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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