CCRSX vs. VIVAX

Last updated Aug 4, 2026

CCRSX (Credit Suisse Trust Commodity Return Strategy Portfolio) and VIVAX (Vanguard Value Index Fund Investor Shares) are both mutual funds - CCRSX is a Commodities fund managed by Credit Suisse, while VIVAX is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Over the past 10 years, CCRSX returned 26.97%/yr vs 12.36%/yr for VIVAX. Their 0.27 correlation means their historical movements had little consistent relationship. CCRSX charges 1.05%/yr vs 0.17%/yr for VIVAX.

Performance

CCRSX vs. VIVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) and Vanguard Value Index Fund Investor Shares (VIVAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCRSX achieves a 23.26% return, which is significantly higher than VIVAX's 16.25% return. Over the past 10 years, CCRSX has outperformed VIVAX with an annualized return of 26.97%, while VIVAX has yielded a comparatively lower 12.36% annualized return.

CCRSX

• 1D: -0.09%
• 1M: 7.59%
• 6M: 17.53%
• YTD: 23.26%
• 1Y: 35.97%
• 3Y*: 12.13%
• 5Y*: 57.73%
• 10Y*: 26.97%
• ALL TIME*: 8.90%

VIVAX

• 1D: -0.29%
• 1M: 0.29%
• 6M: 10.23%
• YTD: 16.25%
• 1Y: 27.70%
• 3Y*: 16.73%
• 5Y*: 12.01%
• 10Y*: 12.36%
• ALL TIME*: 10.12%

*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)
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	$0.00	$0.00	$0.00
VIVAX Vanguard Value Index Fund Investor Shares	$0.00	$0.00	$0.00

CCRSX vs. VIVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	23.26%	15.37%	4.86%	-8.88%	15.71%	667.99%	-1.49%	6.69%	-11.63%	-7.99%
VIVAX Vanguard Value Index Fund Investor Shares	16.25%	14.50%	15.85%	9.08%	-2.18%	26.32%	2.18%	25.66%	-5.56%	16.98%

Correlation

The correlation between CCRSX and VIVAX is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.03
Correlation (3Y) Balances recent behavior with more history.	0.05
Correlation (5Y) Shows whether the relationship held over a longer period.	0.18
Correlation (10Y) Provides a long-term view across more market conditions.	0.22
Correlation (All Time) Calculated using the full available price history since Mar 1, 2006	0.27

The correlation between CCRSX and VIVAX shifts across timeframes, from -0.03 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CCRSX vs. VIVAX — Risk / Return Rank

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

CCRSX

CCRSX Risk / Return Rank: 74
CCRSX Sharpe Ratio Rank: 85
CCRSX Sortino Ratio Rank: 76
CCRSX Omega Ratio Rank: 78
CCRSX Calmar Ratio Rank: 73
CCRSX Martin Ratio Rank: 57

VIVAX

VIVAX Risk / Return Rank: 93
VIVAX Sharpe Ratio Rank: 95
VIVAX Sortino Ratio Rank: 93
VIVAX Omega Ratio Rank: 89
VIVAX Calmar Ratio Rank: 95
VIVAX Martin Ratio Rank: 95

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.

CCRSX vs. VIVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) and Vanguard Value Index Fund Investor Shares (VIVAX). 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.

	CCRSX	VIVAX	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.59	-0.48
Sortino ratio: Return per unit of downside risk	2.70	3.70	-1.00
Omega ratio: Gain probability vs. loss probability	1.37	1.47	-0.10
Calmar ratio: Return relative to maximum drawdown	2.49	4.20	-1.71
Martin ratio: Return relative to average drawdown	8.14	16.18	-8.04

CCRSX vs. VIVAX - Sharpe Ratio Comparison

The current CCRSX Sharpe Ratio is 2.11, which is comparable to the VIVAX Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of CCRSX and VIVAX, 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

CCRSX vs. VIVAX - Drawdown Comparison

The maximum CCRSX drawdown since its inception was -78.02%, which is greater than VIVAX's maximum drawdown of -59.38%. Use the drawdown chart below to compare losses from any high point for CCRSX and VIVAX.

Drawdown Indicators

	CCRSX	VIVAX	Difference
Max Drawdown Largest peak-to-trough decline	-78.02%	-59.38%	-18.64%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-6.37%	-7.93%
Max Drawdown (3Y) Largest decline over 3 years	-14.30%	-14.90%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	-25.53%	-17.17%	-8.36%
Max Drawdown (10Y) Largest decline over 10 years	-36.73%	-36.81%	+0.08%
Current Drawdown Current decline from peak	-7.11%	-1.36%	-5.75%
Average Drawdown Average peak-to-trough decline	-41.07%	-8.04%	-33.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	1.65%	+2.71%

Volatility

CCRSX vs. VIVAX - Volatility Comparison

Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) has a higher volatility of 4.65% compared to Vanguard Value Index Fund Investor Shares (VIVAX) at 2.64%. This indicates that CCRSX's price experiences larger fluctuations and is considered to be riskier than VIVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCRSX	VIVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	2.64%	+2.01%
Volatility (6M) Calculated over the trailing 6-month period	14.25%	7.78%	+6.47%
Volatility (1Y) Calculated over the trailing 1-year period	16.90%	10.37%	+6.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	222.72%	13.87%	+208.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.66%	16.69%	+140.97%

CCRSX vs. VIVAX - Expense Ratio Comparison

CCRSX has a 1.05% expense ratio, which is higher than VIVAX's 0.17% expense ratio.

Dividends

CCRSX vs. VIVAX - Dividend Comparison

CCRSX's dividend yield for the trailing twelve months is around 11.25%, more than VIVAX's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	11.25%	3.98%	2.95%	26.59%	18.97%	4.82%	5.51%	0.86%	2.91%	0.00%	0.00%	0.00%
VIVAX Vanguard Value Index Fund Investor Shares	1.74%	1.42%	2.19%	2.33%	2.39%	2.02%	2.43%	2.39%	2.59%	2.18%	2.33%	2.46%

Frequently Asked Questions

Can I hold both CCRSX and VIVAX in my portfolio?

CCRSX and VIVAX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCRSX or VIVAX?

CCRSX has higher volatility (4.65%) compared to VIVAX (2.64%). In terms of maximum drawdown, CCRSX dropped -78.02% vs VIVAX's -59.38%.

Which has better risk-adjusted returns?

VIVAX currently has the higher Sharpe Ratio (2.59 vs 2.11), 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.