CCNR vs. WEEK

Last updated Aug 4, 2026

CCNR (ALPS/CoreCommodity Natural Resources ETF) and WEEK (Roundhill Weekly T-Bill ETF) are both exchange-traded funds - CCNR is a Natural Resources fund actively managed by ALPS, while WEEK is a Ultrashort Bond fund actively managed by Roundhill. Both are actively managed. Over the past year, CCNR returned 50.28% vs 3.64% for WEEK. Their -0.06 correlation means they have often moved in opposite directions in the past. CCNR charges 0.39%/yr vs 0.19%/yr for WEEK.

Performance

CCNR vs. WEEK - Performance Comparison

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

Returns By Period

In the year-to-date period, CCNR achieves a 16.37% return, which is significantly higher than WEEK's 1.97% return.

CCNR

• 1D: 0.17%
• 1M: 2.70%
• 6M: 2.27%
• YTD: 16.37%
• 1Y: 50.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.52%

WEEK

• 1D: -0.06%
• 1M: 0.19%
• 6M: 1.71%
• YTD: 1.97%
• 1Y: 3.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CCNR ALPS/CoreCommodity Natural Resources ETF	$256.37K	$2.34M	$1.27M
WEEK Roundhill Weekly T-Bill ETF	$3.69M	$3.40M	$3.85M

CCNR vs. WEEK - Yearly Performance Comparison

	2026 (YTD)	2025
CCNR ALPS/CoreCommodity Natural Resources ETF	16.37%	44.73%
WEEK Roundhill Weekly T-Bill ETF	1.97%	3.37%

Correlation

The correlation between CCNR and WEEK is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.11
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	-0.06

Return for Risk

CCNR vs. WEEK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CCNR

CCNR Risk / Return Rank: 90
CCNR Sharpe Ratio Rank: 94
CCNR Sortino Ratio Rank: 91
CCNR Omega Ratio Rank: 92
CCNR Calmar Ratio Rank: 90
CCNR Martin Ratio Rank: 83

WEEK

WEEK Risk / Return Rank: 99
WEEK Sharpe Ratio Rank: 99
WEEK Sortino Ratio Rank: 99
WEEK Omega Ratio Rank: 99
WEEK Calmar Ratio Rank: 99
WEEK Martin Ratio Rank: 99

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CCNR vs. WEEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/CoreCommodity Natural Resources ETF (CCNR) and Roundhill Weekly T-Bill ETF (WEEK). 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.

	CCNR	WEEK	Difference
Sharpe ratio: Return per unit of total volatility	2.72	8.43	-5.71
Sortino ratio: Return per unit of downside risk	3.34	17.15	-13.80
Omega ratio: Gain probability vs. loss probability	1.46	4.11	-2.65
Calmar ratio: Return relative to maximum drawdown	3.92	28.15	-24.23
Martin ratio: Return relative to average drawdown	11.72	235.37	-223.65

CCNR vs. WEEK - Sharpe Ratio Comparison

The current CCNR Sharpe Ratio is 2.72, which is lower than the WEEK Sharpe Ratio of 8.43. The chart below compares the historical Sharpe Ratios of CCNR and WEEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCNR vs. WEEK - Drawdown Comparison

The maximum CCNR drawdown since its inception was -20.06%, which is greater than WEEK's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for CCNR and WEEK.

Drawdown Indicators

	CCNR	WEEK	Difference
Max Drawdown Largest peak-to-trough decline	-20.06%	-0.13%	-19.93%
Max Drawdown (1Y) Largest decline over 1 year	-12.88%	-0.13%	-12.75%
Current Drawdown Current decline from peak	-9.53%	-0.06%	-9.47%
Average Drawdown Average peak-to-trough decline	-4.02%	-0.01%	-4.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.30%	0.02%	+4.28%

Volatility

CCNR vs. WEEK - Volatility Comparison

ALPS/CoreCommodity Natural Resources ETF (CCNR) has a higher volatility of 4.61% compared to Roundhill Weekly T-Bill ETF (WEEK) at 0.12%. This indicates that CCNR's price experiences larger fluctuations and is considered to be riskier than WEEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCNR	WEEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	0.12%	+4.49%
Volatility (6M) Calculated over the trailing 6-month period	13.49%	0.26%	+13.23%
Volatility (1Y) Calculated over the trailing 1-year period	18.61%	0.43%	+18.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.96%	0.39%	+19.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.96%	0.39%	+19.57%

CCNR vs. WEEK - Expense Ratio Comparison

CCNR has a 0.39% expense ratio, which is higher than WEEK's 0.19% expense ratio.

Dividends

CCNR vs. WEEK - Dividend Comparison

CCNR's dividend yield for the trailing twelve months is around 2.99%, less than WEEK's 3.63% yield.

Position	TTM	2025	2024
CCNR ALPS/CoreCommodity Natural Resources ETF	2.99%	3.48%	1.27%
WEEK Roundhill Weekly T-Bill ETF	3.63%	3.27%	0.00%

Frequently Asked Questions

Can I hold both CCNR and WEEK in my portfolio?

CCNR and WEEK have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCNR or WEEK?

CCNR has higher volatility (4.61%) compared to WEEK (0.12%). In terms of maximum drawdown, CCNR dropped -20.06% vs WEEK's -0.13%.

Which ETF is better, CCNR or WEEK?

On 1-year performance, CCNR leads with 50.28% vs 3.64% for WEEK. On fees, WEEK is cheaper at 0.19% per year. On volatility, WEEK has been the lower-risk option at 0.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCNR or WEEK?

Over the 1-year period, CCNR has performed better with a 50.28% return vs 3.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCNR or WEEK?

WEEK is cheaper with a 0.19% expense ratio, compared with 0.39% for CCNR.

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

WEEK has the higher dividend yield at 3.63%, compared with 2.99% for CCNR.

What is the main difference between CCNR and WEEK?

CCNR is categorized as Natural Resources, while WEEK is Ultrashort Bond. They also come from different issuers: ALPS and Roundhill. Their fees differ too: 0.39% for CCNR and 0.19% for WEEK.

Which has better risk-adjusted returns?

WEEK currently has the higher Sharpe Ratio (8.43 vs 2.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.