CCOR vs. ILCG

Last updated Jun 4, 2026

CCOR (Core Alternative ETF) and ILCG (iShares Morningstar Growth ETF) are both Large Cap Growth Equities funds. CCOR is actively managed, while ILCG is passively managed. Over the past 5 years, CCOR returned -2.56%/yr vs 14.95%/yr for ILCG. At a 0.10 correlation, their price movements are largely independent. CCOR charges 1.09%/yr vs 0.04%/yr for ILCG.

Performance

CCOR vs. ILCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Core Alternative ETF (CCOR) and iShares Morningstar Growth ETF (ILCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCOR achieves a -3.71% return, which is significantly lower than ILCG's 14.48% return.

CCOR

• 1D: 0.30%
• 1M: -2.55%
• YTD: -3.71%
• 6M: -4.87%
• 1Y: -5.97%
• 3Y*: -2.34%
• 5Y*: -2.56%
• 10Y*: —

ILCG

• 1D: -1.02%
• 1M: 7.68%
• YTD: 14.48%
• 6M: 14.61%
• 1Y: 29.51%
• 3Y*: 26.55%
• 5Y*: 14.95%
• 10Y*: 18.15%

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

CCOR vs. ILCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCOR Core Alternative ETF	-3.71%	3.52%	-5.70%	-11.92%	2.51%	9.90%	4.07%	6.03%	4.64%	3.68%
ILCG iShares Morningstar Growth ETF	14.48%	16.71%	32.82%	40.41%	-31.75%	24.33%	38.56%	33.22%	2.06%	13.40%

Correlation

The correlation between CCOR and ILCG is -0.08, 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	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.10

The correlation between CCOR and ILCG shifts across timeframes, from -0.20 (3 years) to 0.10 (all time), reflecting how their relationship changes across market environments.

CCOR vs. ILCG - Sectors Allocation Comparison

Sectors	CCOR	ILCG
Financial Services	17.7%	6.0%
Technology	16.2%	49.8%
Healthcare	10.8%	5.3%
Consumer Cyclical	9.4%	10.6%
Industrials	9.2%	8.3%
Communication Services	8.7%	14.5%
Energy	7.2%	0.5%
Consumer Defensive	6.8%	1.6%
Utilities	6.3%	0.8%
Basic Materials	5.1%	1.1%
Real Estate	2.8%	1.4%

Return for Risk

CCOR vs. ILCG — Risk / Return Rank

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

CCOR

CCOR Risk / Return Rank: 2
CCOR Sharpe Ratio Rank: 2
CCOR Sortino Ratio Rank: 2
CCOR Omega Ratio Rank: 2
CCOR Calmar Ratio Rank: 3
CCOR Martin Ratio Rank: 1

ILCG

ILCG Risk / Return Rank: 46
ILCG Sharpe Ratio Rank: 52
ILCG Sortino Ratio Rank: 49
ILCG Omega Ratio Rank: 50
ILCG Calmar Ratio Rank: 38
ILCG Martin Ratio Rank: 41

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.

CCOR vs. ILCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Core Alternative ETF (CCOR) and iShares Morningstar Growth ETF (ILCG). 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.

	CCOR	ILCG	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	1.82	-2.68
Sortino ratio: Return per unit of downside risk	-1.15	2.45	-3.60
Omega ratio: Gain probability vs. loss probability	0.87	1.32	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.69	1.89	-2.58
Martin ratio: Return relative to average drawdown	-1.59	6.68	-8.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCOR vs. ILCG - Sharpe Ratio Comparison

The current CCOR Sharpe Ratio is -0.87, which is lower than the ILCG Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of CCOR and ILCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CCOR	ILCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	1.82	-2.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.68	-0.92
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.59	-0.47

Drawdowns

CCOR vs. ILCG - Drawdown Comparison

The maximum CCOR drawdown since its inception was -22.99%, smaller than the maximum ILCG drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for CCOR and ILCG.

Drawdown Indicators

	CCOR	ILCG	Difference
Max Drawdown Largest peak-to-trough decline	-22.99%	-52.98%	+29.99%
Max Drawdown (1Y) Largest decline over 1 year	-8.75%	-15.65%	+6.90%
Max Drawdown (3Y) Largest decline over 3 years	-12.31%	-23.10%	+10.79%
Max Drawdown (5Y) Largest decline over 5 years	-22.99%	-35.38%	+12.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.38%	—
Current Drawdown Current decline from peak	-20.03%	-1.02%	-19.01%
Average Drawdown Average peak-to-trough decline	-7.29%	-8.22%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	4.43%	-0.66%

Volatility

CCOR vs. ILCG - Volatility Comparison

The current volatility for Core Alternative ETF (CCOR) is 1.78%, while iShares Morningstar Growth ETF (ILCG) has a volatility of 4.40%. This indicates that CCOR experiences smaller price fluctuations and is considered to be less risky than ILCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCOR	ILCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.78%	4.40%	-2.62%
Volatility (6M) Calculated over the trailing 6-month period	4.96%	12.81%	-7.85%
Volatility (1Y) Calculated over the trailing 1-year period	6.93%	16.31%	-9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.10%	22.00%	-10.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.75%	21.53%	-10.78%

CCOR vs. ILCG - Expense Ratio Comparison

CCOR has a 1.09% expense ratio, which is higher than ILCG's 0.04% expense ratio.

Dividends

CCOR vs. ILCG - Dividend Comparison

CCOR's dividend yield for the trailing twelve months is around 1.11%, more than ILCG's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCOR Core Alternative ETF	1.11%	1.07%	1.18%	1.21%	1.11%	1.02%	1.50%	0.73%	1.53%	0.89%	0.00%	0.00%
ILCG iShares Morningstar Growth ETF	0.40%	0.47%	0.50%	0.69%	0.75%	0.34%	0.28%	0.54%	0.81%	0.89%	0.95%	0.99%

Frequently Asked Questions

Can I hold both CCOR and ILCG in my portfolio?

CCOR and ILCG have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCOR or ILCG?

ILCG has higher volatility (4.40%) compared to CCOR (1.78%). In terms of maximum drawdown, CCOR dropped -22.99% vs ILCG's -52.98%.

Which ETF is better, CCOR or ILCG?

On 5-year performance, ILCG leads with 14.95% vs -2.56% for CCOR. On fees, ILCG is cheaper at 0.04% per year. On volatility, CCOR has been the lower-risk option at 1.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCOR or ILCG?

Over the 5-year period, ILCG has performed better with a 14.95% return vs -2.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCOR or ILCG?

ILCG is cheaper with a 0.04% expense ratio, compared with 1.09% for CCOR.

Which ETF pays a higher dividend yield, CCOR or ILCG?

CCOR has the higher dividend yield at 1.11%, compared with 0.40% for ILCG.

What is the main difference between CCOR and ILCG?

They also come from different issuers: Core Alternative Capital and iShares. Their fees differ too: 1.09% for CCOR and 0.04% for ILCG.

Which has better risk-adjusted returns?

ILCG currently has the higher Sharpe Ratio (1.82 vs -0.87), 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.