BCD vs. CCRV

Last updated Jul 14, 2026

BCD (abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF) and CCRV (iShares Commodity Curve Carry Strategy ETF) are both Commodities funds. BCD is actively managed, while CCRV is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. BCD charges 0.29%/yr vs 0.40%/yr for CCRV.

Performance

BCD vs. CCRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) and iShares Commodity Curve Carry Strategy ETF (CCRV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCD

• 1D: 1.14%
• 1M: -0.08%
• 6M: 10.85%
• YTD: 14.86%
• 1Y: 23.27%
• 3Y*: 10.96%
• 5Y*: 10.88%
• 10Y*: —

CCRV

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCD vs. CCRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF	14.86%	15.71%	6.20%	-7.58%	18.38%	31.87%	8.37%
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	-0.05%	5.74%	5.47%	19.91%	33.78%	7.16%

Correlation

The correlation between BCD and CCRV is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.71

Over the past year, the correlation between BCD and CCRV has dropped to 0.03 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

BCD vs. CCRV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCD

BCD Risk / Return Rank: 56
BCD Sharpe Ratio Rank: 64
BCD Sortino Ratio Rank: 59
BCD Omega Ratio Rank: 63
BCD Calmar Ratio Rank: 45
BCD Martin Ratio Rank: 48

CCRV

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCD vs. CCRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) and iShares Commodity Curve Carry Strategy ETF (CCRV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCD	CCRV	Difference
Sharpe ratio: Return per unit of total volatility	1.66	—	—
Sortino ratio: Return per unit of downside risk	2.24	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	1.84	—	—
Martin ratio: Return relative to average drawdown	6.34	—	—

Drawdowns

Drawdown Indicators

	BCD	CCRV	Difference
Max Drawdown Largest peak-to-trough decline	-29.81%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.03%	—	—
Current Drawdown Current decline from peak	-8.07%	—	—
Average Drawdown Average peak-to-trough decline	-9.85%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	—	—

Volatility

Volatility by Period

	BCD	CCRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.12%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	—	—

BCD vs. CCRV - Expense Ratio Comparison

BCD has a 0.29% expense ratio, which is lower than CCRV's 0.40% expense ratio.

Dividends

BCD vs. CCRV - Dividend Comparison

BCD's dividend yield for the trailing twelve months is around 14.99%, while CCRV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF	14.99%	17.21%	3.60%	4.51%	5.21%	8.30%	1.29%	1.55%	1.59%	0.07%
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	0.00%	4.43%	7.26%	33.27%	26.22%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCD and CCRV in my portfolio?

BCD and CCRV have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCD or CCRV?

On fees, BCD is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCD or CCRV?

BCD is cheaper with a 0.29% expense ratio, compared with 0.40% for CCRV.

Which ETF pays a higher dividend yield, BCD or CCRV?

BCD has the higher dividend yield at 14.99%, compared with 0.00% for CCRV.

What is the main difference between BCD and CCRV?

They also come from different issuers: Aberdeen and iShares. Their fees differ too: 0.29% for BCD and 0.40% for CCRV.