CCOM vs. RLY

Last updated Aug 6, 2026

CCOM (Simplify Chinese Commodities Strategy No K-1 ETF) and RLY (State Street Multi-Asset Real Return ETF) are both exchange-traded funds - CCOM is a Commodities fund actively managed by Simplify, while RLY is a Global Allocation fund tracking the Bloomberg U.S. Government Inflation-Linked Bond Index. CCOM is actively managed, while RLY is passively managed. Their 0.22 correlation means their historical movements had little consistent relationship. CCOM charges 0.99%/yr vs 0.50%/yr for RLY.

Performance

CCOM vs. RLY - 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 State Street Multi-Asset Real Return ETF (RLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CCOM

• 1D: -0.19%
• 1M: -0.38%
• 6M: -0.30%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RLY

• 1D: 0.22%
• 1M: 3.59%
• 6M: 6.19%
• YTD: 15.71%
• 1Y: 26.40%
• 3Y*: 13.07%
• 5Y*: 10.63%
• 10Y*: 8.20%
• ALL TIME*: 4.78%

*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)
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	$504.01	$468.51	$4.30K
RLY State Street Multi-Asset Real Return ETF	$4.72M	$7.90M	$7.84M

CCOM vs. RLY - Yearly Performance Comparison

	2026 (YTD)
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	-4.06%
RLY State Street Multi-Asset Real Return ETF	7.20%

Correlation

The correlation between CCOM and RLY is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026	0.22

Return for Risk

CCOM vs. RLY — Risk / Return Rank

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

CCOM

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

RLY

RLY Risk / Return Rank: 87
RLY Sharpe Ratio Rank: 91
RLY Sortino Ratio Rank: 90
RLY Omega Ratio Rank: 91
RLY Calmar Ratio Rank: 84
RLY Martin Ratio Rank: 81

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.

CCOM vs. RLY - 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 State Street Multi-Asset Real Return ETF (RLY). 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.

	CCOM	RLY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.51	—
Sortino ratio: Return per unit of downside risk	—	3.43	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	3.52	—
Martin ratio: Return relative to average drawdown	—	12.14	—

Drawdowns

CCOM vs. RLY - Drawdown Comparison

The maximum CCOM drawdown since its inception was -7.44%, smaller than the maximum RLY drawdown of -37.75%. Use the drawdown chart below to compare losses from any high point for CCOM and RLY.

Drawdown Indicators

	CCOM	RLY	Difference
Max Drawdown Largest peak-to-trough decline	-7.44%	-37.75%	+30.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.17%	—
Current Drawdown Current decline from peak	-6.01%	-2.80%	-3.21%
Average Drawdown Average peak-to-trough decline	-3.39%	-9.39%	+6.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.18%	—

Volatility

Volatility by Period

	CCOM	RLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.39%	10.58%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.39%	13.44%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.39%	13.80%	-1.41%

CCOM vs. RLY - Expense Ratio Comparison

CCOM has a 0.99% expense ratio, which is higher than RLY's 0.50% expense ratio.

Dividends

CCOM vs. RLY - Dividend Comparison

CCOM's dividend yield for the trailing twelve months is around 1.27%, less than RLY's 3.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	1.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RLY State Street Multi-Asset Real Return ETF	3.06%	3.24%	3.31%	3.71%	5.66%	12.15%	2.16%	3.45%	2.76%	1.85%	2.07%	1.80%

Frequently Asked Questions

Can I hold both CCOM and RLY in my portfolio?

CCOM and RLY have a correlation of 0.22, 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 RLY?

On fees, RLY is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCOM or RLY?

RLY is cheaper with a 0.50% expense ratio, compared with 0.99% for CCOM.

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

RLY has the higher dividend yield at 3.06%, compared with 1.27% for CCOM.

What is the main difference between CCOM and RLY?

CCOM is categorized as Commodities, while RLY is Global Allocation. They also come from different issuers: Simplify and State Street. Their fees differ too: 0.99% for CCOM and 0.50% for RLY.