CCOM vs. FAAR

Last updated Jun 4, 2026

CCOM (Simplify Chinese Commodities Strategy No K-1 ETF) and FAAR (First Trust Alternative Absolute Return Strategy ETF) are both Commodities funds. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. CCOM charges 0.99%/yr vs 0.95%/yr for FAAR.

Performance

CCOM vs. FAAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Chinese Commodities Strategy No K-1 ETF (CCOM) and First Trust Alternative Absolute Return Strategy ETF (FAAR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CCOM

• 1D: -1.01%
• 1M: -1.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FAAR

• 1D: 0.01%
• 1M: -0.79%
• YTD: 25.73%
• 6M: 23.17%
• 1Y: 40.73%
• 3Y*: 11.79%
• 5Y*: 8.07%
• 10Y*: 5.17%

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

CCOM vs. FAAR - Yearly Performance Comparison

	2026 (YTD)
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	-1.23%
FAAR First Trust Alternative Absolute Return Strategy ETF	15.46%

Correlation

The correlation between CCOM and FAAR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	0.23

Return for Risk

CCOM vs. FAAR — Risk / Return Rank

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

FAAR

FAAR Risk / Return Rank: 90
FAAR Sharpe Ratio Rank: 89
FAAR Sortino Ratio Rank: 90
FAAR Omega Ratio Rank: 84
FAAR Calmar Ratio Rank: 95
FAAR Martin Ratio Rank: 92

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.

CCOM vs. FAAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Chinese Commodities Strategy No K-1 ETF (CCOM) and First Trust Alternative Absolute Return Strategy ETF (FAAR). 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.

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

Sharpe Ratios by Period

	CCOM	FAAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.04	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	0.45	-0.71

Drawdowns

CCOM vs. FAAR - Drawdown Comparison

The maximum CCOM drawdown since its inception was -5.40%, smaller than the maximum FAAR drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for CCOM and FAAR.

Drawdown Indicators

	CCOM	FAAR	Difference
Max Drawdown Largest peak-to-trough decline	-5.40%	-18.03%	+12.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.85%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.03%	—
Current Drawdown Current decline from peak	-3.28%	-1.11%	-2.17%
Average Drawdown Average peak-to-trough decline	-2.30%	-7.85%	+5.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.73%	—

Volatility

Volatility by Period

	CCOM	FAAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	13.48%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.57%	13.02%	+0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.57%	11.51%	+2.06%

CCOM vs. FAAR - Expense Ratio Comparison

CCOM has a 0.99% expense ratio, which is higher than FAAR's 0.95% expense ratio.

Dividends

CCOM vs. FAAR - Dividend Comparison

CCOM's dividend yield for the trailing twelve months is around 0.82%, less than FAAR's 9.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	0.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FAAR First Trust Alternative Absolute Return Strategy ETF	9.15%	11.63%	3.45%	3.20%	5.82%	6.49%	3.05%	1.02%	0.58%	2.83%

Frequently Asked Questions

Can I hold both CCOM and FAAR in my portfolio?

CCOM and FAAR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCOM or FAAR?

On fees, FAAR is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCOM or FAAR?

FAAR is cheaper with a 0.95% expense ratio, compared with 0.99% for CCOM.

Which ETF pays a higher dividend yield, CCOM or FAAR?

FAAR has the higher dividend yield at 9.15%, compared with 0.82% for CCOM.

What is the main difference between CCOM and FAAR?

They also come from different issuers: Simplify and First Trust. Their fees differ too: 0.99% for CCOM and 0.95% for FAAR.