CCNR vs. TURF

Last updated Jun 4, 2026

CCNR (ALPS/CoreCommodity Natural Resources ETF) and TURF (T. Rowe Price Natural Resources ETF) are both Commodity Producers Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. CCNR charges 0.39%/yr vs 0.44%/yr for TURF.

Performance

CCNR vs. TURF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/CoreCommodity Natural Resources ETF (CCNR) and T. Rowe Price Natural Resources ETF (TURF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCNR achieves a 27.16% return, which is significantly higher than TURF's 19.55% return.

CCNR

• 1D: -0.85%
• 1M: 1.95%
• YTD: 27.16%
• 6M: 30.28%
• 1Y: 69.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TURF

• 1D: -0.82%
• 1M: 0.33%
• YTD: 19.55%
• 6M: 22.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CCNR vs. TURF - Yearly Performance Comparison

	2026 (YTD)	2025
CCNR ALPS/CoreCommodity Natural Resources ETF	27.16%	28.44%
TURF T. Rowe Price Natural Resources ETF	19.55%	17.05%

Correlation

The correlation between CCNR and TURF is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.87

CCNR vs. TURF - Sectors Allocation Comparison

Sectors	CCNR	TURF
Energy	38.0%	29.2%
Basic Materials	31.6%	33.9%
Consumer Defensive	8.5%	8.5%
Utilities	8.5%	0.3%
Industrials	7.5%	1.6%
Technology	4.3%	0.4%
Consumer Cyclical	1.0%	-
Financial Services	0.6%	2.3%
Real Estate	0.5%	-
Communication Services	-	3.8%
Healthcare	-	-

Return for Risk

CCNR vs. TURF — Risk / Return Rank

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

CCNR

CCNR Risk / Return Rank: 95
CCNR Sharpe Ratio Rank: 95
CCNR Sortino Ratio Rank: 93
CCNR Omega Ratio Rank: 93
CCNR Calmar Ratio Rank: 97
CCNR Martin Ratio Rank: 96

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.

CCNR vs. TURF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/CoreCommodity Natural Resources ETF (CCNR) and T. Rowe Price Natural Resources ETF (TURF). 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.

	CCNR	TURF	Difference
Sharpe ratio: Return per unit of total volatility	3.94	—	—
Sortino ratio: Return per unit of downside risk	4.76	—	—
Omega ratio: Gain probability vs. loss probability	1.65	—	—
Calmar ratio: Return relative to maximum drawdown	10.78	—	—
Martin ratio: Return relative to average drawdown	35.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CCNR	TURF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.66	2.52	-0.86

Drawdowns

CCNR vs. TURF - Drawdown Comparison

The maximum CCNR drawdown since its inception was -20.06%, which is greater than TURF's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for CCNR and TURF.

Drawdown Indicators

	CCNR	TURF	Difference
Max Drawdown Largest peak-to-trough decline	-20.06%	-6.84%	-13.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	—	—
Current Drawdown Current decline from peak	-1.14%	-2.54%	+1.40%
Average Drawdown Average peak-to-trough decline	-3.56%	-1.53%	-2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	CCNR	TURF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.74%	16.50%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.85%	16.50%	+3.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	16.50%	+3.35%

CCNR vs. TURF - Expense Ratio Comparison

CCNR has a 0.39% expense ratio, which is lower than TURF's 0.44% expense ratio.

Dividends

CCNR vs. TURF - Dividend Comparison

CCNR's dividend yield for the trailing twelve months is around 2.74%, more than TURF's 1.25% yield.

Position	TTM	2025	2024
CCNR ALPS/CoreCommodity Natural Resources ETF	2.74%	3.48%	1.27%
TURF T. Rowe Price Natural Resources ETF	1.25%	1.49%	0.00%

Frequently Asked Questions

Can I hold both CCNR and TURF in my portfolio?

CCNR and TURF have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCNR or TURF?

On fees, CCNR is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCNR or TURF?

CCNR is cheaper with a 0.39% expense ratio, compared with 0.44% for TURF.

Which ETF pays a higher dividend yield, CCNR or TURF?

CCNR has the higher dividend yield at 2.74%, compared with 1.25% for TURF.

What is the main difference between CCNR and TURF?

They also come from different issuers: ALPS and T. Rowe Price. Their fees differ too: 0.39% for CCNR and 0.44% for TURF.